Reserve Bank of India’s (RBI) guidelines on cyber resilience and digital payment security for authorised non-bank Payment System Operators (PSO) emphasise the need for robust cybersecurity frameworks and continuous monitoring to safeguard digital payment ecosystems. These guidelines aim to enhance the security and integrity of digital transactions, ensuring a resilient and secure payment infrastructure.
RBI has recently issued the final Master Draft comprising directions on Cyber Resilience and Digital Payment Security Controls with the objective of establishing robust governance mechanisms for assessing, supervising, and mitigating cyber security risks to enable non-bank PSOs to effectively manage current and future threats.
KPMG in India’s Point of View introduces a structured breakdown of the guideline’s provisions along the three measure/control sections: Governance Controls, Baseline Information Security Measures/Controls, and Digital Payment Security Measures/Controls and elaborates how we can assist organisations in achieving compliance to these guidelines.
