ShadowPlexTMReserve Bank of India (RBI)CyberSecurity Mandate Compliance

1.Introduction

The ever-increasing threat landscape and seemingly never-ending list of breaches discovered each year have driven tighter security controls by many enterprises globally. In addition, compliance requirements are not meeting the sophistication of today’s attacks, nor are prepared for tomorrow’s attacks. In response to this gap, many large corporations are implementing additional controls above and beyond compliance requirements to ensure they are on the forefront of defending against these sophisticated adversaries. One such example of defining additional security controls is the Reserve Bank of India (RBI)’s Cyber Security Framework in Banks. This framework defines requirements that today’s modern financial organization should adopt to protect themselves from the evolving attack techniques developed by cyber attackers every day.