This disclosure relates generally to data processing, and more particularly to a system and method for monitoring driving behavior of a driver. In one embodiment, a system (102) for monitoring driving behavior of a driver is disclosed. The system (102) may configure a processor (202) to execute computer-readable instructions (208) stored in a memory (206) in order to: capture a plurality of acceleration samples; compute Kurtosis values and Skewness values corresponding to a set of acceleration samples; filter the Kurtosis values; determine a probability distribution function of the filtered Kurtosis values; compute a mean and a standard deviation associated with the filtered Kurtosis values; determine a first threshold for each driver based upon the mean and the standard deviation; compute a first score for each driver based upon the first threshold and the number of trips; determine a second threshold; compute a second score for each driver based upon the second threshold and the number of trips; and evaluate driving behavior of a driver based upon the first score and the second score.