Perform a Risk Assessment: Belmont State Bank

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Summary

Belmont State Bank is a large bank with many branches connected to a central computer system. Each branch has client computers and ATMs connected to a server, and daily transaction data is stored and transmitted to the central system several times a day. Tellers use a four-digit numeric password and transaction codes to ensure authorized transactions. However, there are several vulnerabilities, including delayed data updates, interruptions in business continuity, passwords that are too short and seldom changed, lack of overload handling mechanisms, and centralized message transmission that can lead to attacks on the server and bandwidth bottlenecks. Malicious attacks can also cause buffer overflow.

Table of Content

Belmont State Bank is a sizable bank with numerous branches that are linked to a central computer system. Certain branches are connected via dedicated circuits while others utilize the dial-up telephone network. Each branch has an assortment of client computers and ATMs that are connected to a server.

The server stores the daily transaction data for each branch and transmits it multiple times throughout the day to the central computer system. Each teller at a branch uses a four-digit numeric password, and their computers are programmed to accept only authorized transactions.

Conduct a risk assessment:

  • System and server may have delayed data because of update not in timely.
  • Business continuity can be interrupted by disruptions that are minor and temporary, but some may also result in the destruction of data.
  • Password are too short and seldom changed, it will be a vulnerability of entire system and lack of overload handling mechanism.
  • Messages transmission between all branches must be forwarded by central computer system, under this kind of situation; it is easy to concentrate on a centralized attack by latching and invading the server. Additionally, messages are forwarded by centralized server cost too much bandwidth. Malicious attacks will cause the bandwidth bottlenecks on the server-side and buffer overflow at the same time.

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