Information security

Constantly evolving

Information security is a top priority of Bankinter, which aims to guarantee a high level of confidentiality, integrity and availability for its customers, employees, shareholders and suppliers. The various technological risks are therefore considered when the Bank begins any initiative and the security requirements are adapted thereto. 

The controls are constantly evolving and combine the implementation of cutting-edge commercial technologies with its own developments and changes in search for the optimum combination of protection, usability and cost/profit.

The expert online fraud prevention and security monitoring systems are an example of this, which enable decisions on each of the connections and transactions to be made in real time and help ensure there is a very low level of incidents in transactions. 

In 2016 a total of 34 of the 44 projects defined in the 2016-2018 Information Security Master Plan were launched, following the current trend of renewing and adapting to new threats and attacks, which are increasingly more advanced and complex, and are aimed especially at the European and global financial sector. 

One challenge for 2016 was the integration of the new Portuguese business, which resulted in the approval of a new Information Security Policy and Regulatory Security Framework, in order to bring the Group's technology and strategy into line with the integrated environment.

Recognition

Bankinter's information security and business continuity strategy and policies were recognised in 2016 by the prestigious British Standard Institute, which once again renewed the ISO/IEC 27001:2015 and ISO 22301:2012 certifications. 

The Bank's work in this regard was also put to the test as it once again participated in the national CyberEx cyber exercises, organised by the National Cybersecurity Institute and the National Centre for Critical Infrastructure Protection.

Within the scope of its ambitious digital transformation process, the lines for Bankinter's new technological security architecture have already been determined. The goal is to balance security and usability, enabling the principles of adaptive security to help offer customers robust and flexible financial services in the coming years, that fully comply with the new regulations.