Research On Information Technology Risk Management Of Shihezi Rural Cooperative Bank

With the integration and development of banking business and information technology,information technology has gradually become the core competitiveness of banks.Information technology continuously improves the innovative ability of commercial banks,and commercial banks with advanced information technology have significant advantages in the competition.Therefore,in recent years,the major commercial banks have been increasing their investment in information technology,hoping to promote business development and business innovation with the help of information technology construction.However,commercial banks often attach importance to information system construction but ignore information technology risk management.The level of information technology risk management in banking industry is relatively weak.In recent years,the information technology risk incidents of commercial banks emerge in endlessly,which has brought great negative impact on the management and social reputation of banks.Therefore,it is urgent to strengthen the information technology risk management of commercial banks.As a rural financial institution,the development of information technology in Shihezi Rural Cooperative Bank is relatively slow,and the management level of information technology is not high.Shihezi Rural Cooperative Bank has recognized the importance of information technology risk management for the operation and development of the whole industry,but the level of information technology risk management is still in its infancy.It is facing great challenges in many aspects,such as information technology risk management concept,system norms,operation process,staffing and so on.Therefore,how to effectively manage the risks of information technology in the process of information construction and make information technology better serve business development has become a subject that Shihezi Rural Cooperative Bank must seriously study.Firstly,this paper introduces the research status of information technology risk management at home and abroad,and expounds the relevant theories and methods of information technology risk management.Secondly,it makes a comprehensive analysis of the classification,characteristics,definition and content of information technology risk management,and puts forward the general process of risk management for commercial banks: risk identification,risk assessment,risk monitoring and risk control.On the basis of literature review and theoretical analysis,this paper introduces the current situation of information technology risk management of Shihezi Rural Cooperative Bank,and then identifies the information technology risk of Shihezi Rural Cooperative Bank.Finally,it identifies and determines eight types of information technology risk of Shihezi Rural Cooperative Bank: information technology governance risk,strategic management risk,information technology operation and maintenance risk,and information.Security risk,system development risk,information technology outsourcing risk,business continuity management risk,compliance risk.Based on the risk assessment of identified risks,the main problems of information technology risk management of Shihezi Rural Cooperative Bank are further found.Risk monitoring mechanism and management process are used for risk monitoring.Combining with the information technology risk problem assessed by Shihezi Rural Cooperative Bank and the current management situation,this paper proposes to establish the information technology organization,system and process system of Shihezi Rural Cooperative Bank,and to optimize the management mode of information technology,attach importance to strategic management of information technology,scientifically carry out information security work,improve the development and management process,strengthen the operation and maintenance management ability,and improve foreign countries.Risk control should be carried out in eight aspects: package management capability,business continuity management and compliance management quality improvement.Based on the research of information technology risk management of Shihezi Rural Cooperative Bank,this paper summarizes the feasible information technology risk management process and specific control methods of the Rural Cooperative Bank,which is suitable for the core system trusteeship.It has a certain guiding role for similar rural financial institutions in China to prevent information technology risk.