Calcutta June 30: The United Bank of India (UBI) today inaugurated the Rs 2.5-crore security operations centre at its city headquarters to monitor electronic transactions.
“We have seen a significant improvement in the volume of transaction in the e-mode. In fact 12 per cent of our total transactions in March last year was through e-mode. At present, it is about 25 per cent and internally we have set a target of having 40 per cent of our transaction through this channel. This system will have a significant contribution in achieving the target,” said Bhaskar Sen, chairman and managing director of UBI.
“The system will track all irregularities, including hacking, phishing and problems with Internet and mobile delivery channels, thereby helping us to take the necessary action and making the transactions safer,” he said.
The system has been developed by Hewlett-Packard. UBI has made an arrangement with the Centre-authorised Indian Computer Emergency Response Team (CERT-In) to deal with international attacks.