The information technology system is a central component in the operation and proper management of Banking in Israel. The information and all its aspects and implications having a substantial impact on the stability and development of a Bank.
Common Criteria was one of the first internationally recognized standards for IT security evaluation and certification for the National Information Assurance Partnership (NIAP).
COBIT has been developed as a generally applicable and accepted standard for good Information Technology (IT) security and control practices that provides a reference framework for management, users, and IS audit, control and security practitioners.