Both Sides of The Coin: The Story of The Central Bank of Barbados 1972-2017

132 Microsoft, Symantec and McAfee, participated in a vendors’ showcase arranged by the MIS Department. Later in the year, the ISCG launched an online security awareness programme for staff. 75 After the cyber attack on the Central Bank of Bangladesh in 2016, a committee was formed to assess the Bank’s vulnerability to a similar attack and to recommend preventative measures. Records management Another component of risk management took root in 1998 when the Bank, faced with a serious space constraint, started to accord higher priority to records management. To this end, a Records Management Implementation Committee was established and during September of that year, some committee members visited the Central Bank of Trinidad and Tobago, the World Bank, the IDB and the Bank of Canada to examine procedures and facilities. Soon afterwards, an expert from the World Bank visited the Bank to advise on the way forward and a local records management specialist conducted a seminar for the management. Staff were sensitised about the project, departmental contacts were selected and an audit of each department’s files and retention schedules began. Plans were also made for the construction of a records centre that was eventually opened in 2001. Thereafter, many paper records were transferred to the centre, guidelines for retention and destruction were established and a retrieval service started. Some progress was also made in enhancing the record preservation techniques and the digitalisation of critical records. Left to right: Rodney Smith, Carol Mills and Denis Graham (Administrator), early staff of the Records Centre.