About the Bank

The Jalgaon Peoples Co-op Bank was established in Dec 1933 by Late Raosaheb Rupchand Lathi, Kakasaheb Ramdas Lahanu Patil & other dignitaries. The bank has since expanded beyond the Jalgaon district within Maharashtra and to Madhya Pradesh through 42 branches. The bank has achieved Multi-state and Scheduled Bank status and was honoured with the National Award by Hon’ble President of India.

JPCB has entered the digital age with an emphasis on new technologies. For efficient and secure banking services and digital facilities, the bank has implemented Infosys’s world-renowned Finacle Core Banking software.

Securing the Banking operations with Yotta Suraksha Cybersecurity Suite

Business Challenges:

The Jalgaon Peoples Co-op. Bank wanted to align its operations with the stringent regulatory framework set forth by the Reserve Bank of India (RBI). In addition, the bank needed to establish a resilient IT infrastructure that could not only withstand contemporary cyber threats but also adapt to the rapidly evolving digital risks. The objective was twofold: to enhance security measures and to create a scalable platform capable of supporting the bank’s diverse services and solutions, thereby efficiently catering to the needs of its customers.

Comprehensive Cybersecurity Solutions Enhancing Security and Efficiency at the Jalgaon Peoples Co-op Bank Ltd.

To address these challenges, The Jalgaon Peoples Bank partnered with Yotta Suraksha for a comprehensive suite of IT solutions aimed at strengthening their cybersecurity posture and IT infrastructure.

1. Smart CSOC: Implemented Security Information and Event Management (SIEM), Security Orchestration, Automation, and Response (SOAR), Threat Intelligence, Network Flow Analytics and XDR Connect.- 24x7x365 threat monitoring to ensure continuous surveillance and rapid response to potential threats.

2. Privileged Access Management (PAM): Implemented PAM to secure and manage privileged accounts, ensuring controlled access to critical systems and reducing the risk of insider threats.

3. Vulnerability Assessment and Penetration Testing (VAPT): Conducted regular VAPT exercises to identify and rectify vulnerabilities within the bank’s IT infrastructure, thereby strengthening its overall security posture.

4. Database Activity Monitoring (DAM): Deployed DAM to monitor and analyse database activity in real time, ensuring the integrity and security of the bank’s sensitive data.

Yotta Suraksha Suite – A Partner for Quantifiable Cybersecurity Transformation

The implementation of Yotta’s Suraksha cybersecurity solutions provided The Jalgaon Peoples Bank with a host of benefits, significantly improving their operational efficiency and security.

1. Enhanced Security: The bank achieved robust protection for all data transactions, safeguarding the interests of various stakeholders, including customers, employees, and partners.

2. Cyber Threat Mitigation: The bank’s digital assets were strengthened against a wide range of cyber threats, ensuring uninterrupted services and customer trust.

3. Integrated IT Solutions: The combination of hardware and software solutions resulted in a more manageable and maintainable IT environment, reducing the complexity of system maintenance and support.

4. Strengthened IT Security Landscape: With Yotta Suraksha’s timely and precise IT interventions, the bank significantly bolstered its IT security framework, leading to more secure and resilient banking operations.

Voice of Praise for Suraksha

Through this partnership, The Jalgaon Peoples Co-op. Bank Ltd. has successfully enhanced its IT infrastructure, ensuring compliance with regulatory requirements, and creating a secure environment that supports its long-term growth and customer satisfaction goals.