RBI CyberSecurity Requirements for Cooperative Banks
RBI has released cyber security requirements for Urban cooperative banks that can be found here. The requirements entails that all Cooperative banks falling under the ambit of RBI follows minimum basic cyber security requirements as per the document. RBI CyberSecurity Requirements
These set of security requirements has been classified under 4 levels as described in the document on the link.
RBI CyberSecurity Requirements for Cooperative Banks
Level 1 Banks
- Password Management
- 3rd Party Risk Management
- Training and Awareness
- Multi factor Authentication for accessing applications
Level 2 Banks
- Level 1 Controls +
- Network Security
- Secure Configurations
- Application Security
- DLP & Anti phishing
- Incident and Change management
- Log management
Level 3 Banks
- Level 2 Controls +
- Advance Real Time Threat Detection and Management
- Risk Based Transaction Monitoring
Level 4 Banks
- Level 3 Controls +
- Establishment of SOC
- Cyber Drills
- Forensic and Metrics
- IT Strategy and Policy
- Governance Mechanisms
- IT Steering Committee
- CISO and Information Security and Audit Board
RBI CyberSecurity Requirements for Cooperative Banks
How we can help you ?
Compliance Foresight is the solution for all cyber security needs of Cooperative Banks. Follow the link to know more
