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New things at the bank

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by zlitocook

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That I work for. I have posted about the job I have at a bank that I will not name. But I have found that all banks do the same thing. The FIDC is inspecting our bank after a two year lag and our CCO came out to coach the people in operations today. He prompted all the people on what say and not to say. A few weeks ago we had system auditors here and were told to give them what we were told to by email. Did my good thoughts about banking and trust just go out the door? Well no! It was gone the first few weeks here. Ask to see any of your info at your bank now and see what happens. If you get it fast ask where your information is being stored at and if you can see it. Most likely they can not show you because it is not in house and they will have to get it from another location. But some banks are using out sourcing to other countrys for information.

6 replies

by tbragsda

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AnD nothing new. You expect that have all their ducks in a row, but they just don't. Now as far as audits go, they SHOULD coach you. You will get asked questions that will trick-up a audit, and you may not notice. You may not realy know the reason for the question.

I don't know the bank, or situation you are working in, but I don't get supprised at much of anything when it comes to large networks, and lack of real control.

TBR

by tony hopkinson

Not in banking, but in a recent audit, one employee showing the auditor the system for managing IT/Engineering effort had to explain how he wasn't authorized to do the function the chap wanted demonstrating.
Fortunately he saved the day, by logging on as his boss. !!!!!!

Need a new coach.

by jessie

Yeah... that's what we want the auditors to see... that we give other people our passwords and let them use our accounts at will!!!

And did your company "flunk" it's audit?

by operations

I work for a bank and what you have described would never be allowed here - employees that share passwords and log ons don't stick around very long. But then again we have a CEO that is a strong backer of the IT department

by tony hopkinson

is food chain based, the data isn't secret. This is a manufacturing business, so all the guy did was go one level up in spend approval for spends in a certain range.
The environment this sort of thing occurs in though, is not desirable from an Audit trail perspective, but it isn't business critical.
A lot of the passwords in manufacturing environments are functionally based as opposed to persoanl. Locking a needed operator out of the system is considered far more of a problem than finding out who logged onto what and did what. Particularly if passwords were personal in some areas they'd have to have 24 hour support for guys to to be able to operate the plant having forgot their password.
Safety, Quality, Production then IT is the way it has to be.

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