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

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