RBI Cyber Security Framework For Urban Cooperative Banks
Determine the effectiveness of IT Security Controls
Need for Cyber Security Framework
With the increasing risk of cyber attacks, this framework establishes comprehensive guidelines and best practices to enhance the security posture of urban cooperative banks. By implementing the RBI Cyber Security Framework, these banks can mitigate risks, safeguard customer data, and ensure the integrity of their operations. Prioritizing cyber security is crucial for maintaining trust, reputation, and the overall stability of urban cooperative banks.
How it works?
Audit Methodology
The Cyber Security Framework for Banks is audited corresponding to the below audit domains. These domains are segregated based on the Level designated for the concerned UCB. Also, the applicability of domains differs as per the Bank’s Level i.e., Level 1, Level 2, Level 3, or Level 4.
We share audit charter with the auditee highlighting the roles and responsibilities of the audit function as well as the audit objectives.
Audit Initiation
We provide Auditee a DRL highlighting the required policies and further analysis of the same will be performed in line with the compliance.
Document
Requirement List
Quantitative/Qualitative Risk Assessment will be conducted for every business process in scope and risk will be analyzed.
Identification &
Analysis
Action points as well as risk response methodology will be suggested via GAP Assessment Report and an action plan will be asked from the auditee.
Risk Response
We conduct review again post-deployment of the mitigations.
Post-Deployment
Review
RBI Circulars
The following circulars prescribing basic cyber security controls were issued to all the UCBs:
Cyber Security Framework in Banks: DBS. CO/CSITE/BC.11/33.01.001/2015-16
Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs): DCBS.CO.PCB.Cir.No.1/18.01.000/2018-19
Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach: DoS.CO/CSITE/BC.4083/31.01.052/2019-20
Cyber Security controls for Third party ATM Switch Application Service Providers: DoS.CO/CSITE/BC.4084/31.01.015/2019-20
Do you know?
Want a quick Audit?
Detect & prevent attacks, before they succeed.
Stay ahead of the rapidly evolving threat landscape and keep your data protected without having to spend a fortune.
What do you get?
Audit Draft
Report
Draft report of the audit emphasizing the initial discoveries/findings.
Remediation
Support
Through a GAP Assessment Report, remediations to the identified non-compliant controls will be advised.
Final Audit
Report
A comprehensive report that elaborates the final audit findings.
Compliance
Letter
A letter that confirms that the requirements are met and all the applicable controls/regulations are fulfilled.
Take a peek into sample report
Our deliverables are comprehensive in nature that addresses both technical and business audiences.
Have you implemented the right security practice?
WE ARE CERTIFIED
TRUST WE GAINED
