Challenge for the banking industry in the context of cyber security

Ever new laws, changes in standards and new requirements for the basic conditions for comprehen- sive IT protection, coupled with ever new technical innovations and thus also new techniques and possibilities for attacks from the network, are causing problems for banks in complying with all these regulations. This article is intended to present how these problems and challenges present themselves, and a concrete procedural model must be presented to the banks during the planning stage of IT ma- nagement, which ultimately turns the current challenges into a management task. In order for banks to be able to offer a better state of their own knowledge of IT and IT security again and to put them in a stronger position than the specialists who previously had a certain knowledge advantage and were able to use this to the disadvantage of the banks.