Need for Cyber Security Guidelines for NBFC Sector
The NBFC (Non-Banking Finance Company) sector has grown in size and complexity over the years. As the NBFC industry matures and achieves scale, its Information Technology /Information Security (IT/IS) framework, Business continuity planning (BCP), Disaster Recovery (DR) Management, IT audit, etc. must be benchmarked to best practices.
RBI Circular
The Reserve Bank of India issued a directive vide circular Master Direction – Information Technology Framework for the NBFC Sector – DNBS.PPD.No.04/66.15.001/2016-17, for the NBFC Sector’ advising all NBFCs to deploy strict cyber security practices.
How it works?
Audit Methodology
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
Then the 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
Then we conduct review again post-deployment of the mitigations.
Post-Deployment Review
Do you know?
4,847,839
to change
1,761,722
to change
1,172,851
to change
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.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok