Russia’s largest private bank in terms of assets, and boasting an excellent reputation, Alfa-bank is rightly viewed by its clients as one of the most trustworthy in Russia, as demonstrated by its stable growth in both the value of deposits and numbers of deposit accounts.

International ratings agencies have all awarded the bank positive reliability ratings: Fitch has graded Alfa-Bank BB+, Standard & Poor BB, and Moody’s Ba1. More than 21,000 employees work in Alfa-Bank’s 110 divisions within and beyond Russia, including branches in the United Kingdom, Cyprus and the US.

Challenge

The banking sector has traditionally placed high importance on the protection of its networks and the security of its clients’ data. From an IT perspective, banking services present a number of unique features. For example, the IT architecture of a bank the size of Alfa-Bank will inevitably incorporate many inter-connected and inter-dependent computer systems. Flexibility and agility are also critical, so that infrastructure changes can be made swiftly and efficiently in response to new business challenges and targets.

Clients and partners entrust their confidential data as well as their financial and business information to their bank. The leaking or locking of this data can have serious consequences, costing the bank significant reputational damage and the loss of long-standing clients. A bank that has forfeited its clients’ trust cannot compete in the open market. It is for reasons like these that Alfa-Bank pays special attention to matters of data security on all levels...

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