Cyber Risk Preparedness of Kerala Bank: An Assessment of Policies, Practices, and Response Mechanisms
DOI:
https://doi.org/10.31305/rrijm.2026.CI.v11.n06.005Keywords:
Cyber risk, cyber preparedness, digital banking, policy frameworks, response mechanisms, Kerala BankAbstract
The rapid expansion of digital banking services has increased exposure to cyber risks, particularly for cooperative banks such as Kerala Bank. This study examines the cyber risk preparedness of Kerala Bank by assessing its digital policy frameworks, operational practices, and response mechanisms. The study is descriptive and analytical in nature, utilizing secondary data from institutional performance reports, government publications, and industry-level cybersecurity audits. Statistical analysis, including correlation, was conducted to evaluate the relationship between policy strength, response efficiency, and outcomes such as digital risk reduction, customer trust, and worker welfare. Results indicate a strong positive relationship between robust cyber policies and digital risk reduction, while effective response mechanisms are moderately correlated with enhanced customer trust and improved employee welfare. The findings support the hypothesis that advanced cyber policies and structured response systems significantly enhance digital resilience and operational stability. The study underscores the importance of continuous policy improvement, proactive incident management, and employee training in achieving comprehensive cyber preparedness in cooperative banking institutions.
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