Digital Identity , Geo Focus: Asia , Geo-Specific

Will Pandemic Spur a Shift to Digital Banking in Bangladesh?

Dhaka Distribution's Prabeer Sarkar on the Nation's Digital Journey
Prabeer Sarkar, CEO at Dhaka Distributions

The COVID-19 pandemic has prompted some banks in Bangladesh to consider moving to a completely digital model – but most banks aren’t ready, says Prabeer Sarkar, CEO at Dhaka Distributions, a cybersecurity software company.

See Also: An Identity Security-first Approach to the Evolving Threat Landscape

"Banks here are not completely ready yet for this shift,” Sarkar says. “There are two ways of putting digital systems into place. Either you just put the people into the system and let them barge in without any sort of preparations, or you actually prepare the people to get into a digital system.”

In this video interview with Information Security Media Group, Sarkar also discusses:

  • Why digital banking has not yet picked up in the country;
  • How banks in Bangladesh are adopting to the digital journey;
  • Misconceptions around ISO27001 and PCI DSS.

Sarkar is founder and CEO at Dhaka Distributions. He has more than 25 years of experience in IT and cybersecurity and is a pioneer in spearheading the cybersecurity movement in Bangladesh.

About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia, where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine and leading Indian newspapers, such as DNA and Times of India.

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