Research On Information Technology Risk Management Of Bank A

With a variety of digital technology such as artificial intelligence,big data,cloud computing and blockchain popping up in recent years,many financial institutions are embracing digital transformation,and a large number of banks list developing a digital transformation strategy as their top digital priority.In this context,financial technology is making digital transformation inevitable and supporting digitization within an organization.However,as information technology reshapes business,it also creates risks.With the rapid development of business and high concentration of data,the application architecture,data architecture and technical architecture of banks are becoming larger and more complex,and the risk of information technology are also increasingly concentrated and increasing.These risks may lead to the instant paralysis of all banking businesses,which has become one of the main risks of banking financial institutions and an important object of bank risk management.Therefore,the study of information technology risk in the context of digital transformation has the connotation of the times.This paper is a research on information technology risk management of Bank A in the context of digital transformation.Firstly,based on the analysis of domestic and foreign literature on information technology risk in the banking industry,this thesis elaborates on the background,significance,current research status,research objectives,and methods of information technology risk research both domestically and internationally.Secondly,based on risk management related theories and financial industry regulatory requirements,by analyzing Bank A’s activities in key areas such as technology governance,technology daily management,network security and data security,development and testing management,infrastructure and operation management,outsourcing management,business continuity management,etc.,we identified the weaknesses and risk in the existing information technology risk management under the background of Bank A’s Digital transformation,Classify risks based on the above issues and establish a risk list.By analyzing,refining,and constructing an indicator system for risk assessment,the main indicators in the risk indicator system are selected,and a risk indicator model is constructed based on Analytic Hierarchy Process.Expert ratings are obtained through survey questionnaires,and risk assessment of information technology risks is conducted based on quantitative results.Finally,propose risk response measures and guarantees based on the current risk level of Bank A.This thesis provides guidance and suggestions for Bank A and other banks to improve and perfect the scientific and technological risk management system,and helps to enhance the bank’s ability to prevent and resolve scientific and technological risks in the context of comprehensively promoting digital transformation.