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RBI asks banks to boost their cyber security framework

RBI asks banks to boost their cyber security framework

Jun 03, 2016, at 07:31 pm

Mumbai, Jun 3 (IBNS) The Reserve Bank of India (RBI) notified all scheduled commercial banks (excluding regional rural banks) that they should immediately put in place a cyber-security policy elucidating the strategy containing an appropriate approach to combat cyber threats given the level of complexity of business and acceptable levels of risk, duly approved by their Board.