As a CERT-In empaneled cybersecurity audit organization, DigiFortex is authorized to assist with understanding, managing, and ensuring compliance with Security Audit for Regional Rural Banks. Our team of skilled auditors and consultants prioritizes transparency, accuracy, and actionable insights, helping you not only meet compliance but also enhance the integrity and resilience of your information systems. DigiFortex goes beyond basic auditing by offering guidance to strengthen your IT processes, protect assets, and secure data integrity, ensuring your systems function effectively under all conditions.
Request free consultation - Click Here
NABARD - Cybersecurity Framework for Regional Rural Banks (RRBs)
NABARD, as the primary development finance institution, is responsible for addressing rural credit and development needs. According to Ref. No. NB. DoS. Pol. HO./3184 / J-1/2019-20, NABARD has introduced a Comprehensive Cyber Security Framework for RRBs, using a graded approach for timely implementation. This framework assists RRBs in identifying and mitigating inherent risks, reducing vulnerabilities in technologies, delivery channels, digital products, and internal and external threats.
The framework categorizes RRBs into four levels based on digital sophistication and connection to payment systems:
Level 1:Criteria: All RRBs.
Requirements: Level I controls outlined in Annexure-I. RRBs may use the Vulnerability Index on Cyber Security (VICS) tool (Annexure-I A) to evaluate cyber security readiness.
Level 2:Criteria: RRBs that are CPS sub-members and meet at least one of these: offering internet banking, mobile banking via app, or direct membership in CTS/IMPS/UPI.
Requirements: Level II controls (Annexure-II) in addition to Level I, including Data Loss Prevention, Anti-Phishing, and vulnerability assessments of critical applications.
Level 3:Criteria: RRBs meeting at least one of these: direct CPS membership, owning an ATM switch, or using a SWIFT interface.
Requirements: Level III controls (Annexure-III), in addition to Levels I and II, covering Advanced Real-time Threat Defense and risk-based transaction monitoring.
Level 4:Criteria: RRBs that are CPS members/sub-members and meet additional criteria, such as managing an ATM switch with SWIFT interface or hosting a data center.
Requirements: Level IV controls (Annexure-IV) in addition to Levels I, II, and III, requiring a Cyber Security Operations Center (C-SOC) and an IT and IS Governance Framework within six months.
The bank’s Board of Directors holds ultimate responsibility for information security. RRBs must conduct self-assessments to identify their level and adhere to the control requirements outlined in Annexures I to IV. Compliance timelines are specified, with Annexure I controls to be implemented within three months, and higher-level RRBs required to implement additional controls as specified in Annexures II to IV.
Our Proven Audit Approach
Our detailed audit process ensures that your payment systems meet regulatory standards, while also strengthening your organization’s security posture.
Business Understanding: We begin by evaluating your business processes and environment to identify all relevant in-scope elements.
Audit Scope Finalization: A detailed questionnaire is shared with your teams to collect evidence on architecture, implementation, and controls.
Initial Audit: We assess your infrastructure to identify all storage locations containing payment-related data.
Risk Assessment: Our team conducts a risk analysis of your information security posture, highlighting potential vulnerabilities.
Data Flow Assessment: A comprehensive analysis is performed to understand data flow and detect any potential leakage points.
Remediation Support: We provide actionable solutions to address compliance challenges and strengthen your systems.
Scans and Testing: We perform rigorous testing to uncover critical vulnerabilities in your system.
Evidence Review: Evidence collected is reviewed to evaluate its maturity and alignment with compliance requirements.
Final Audit: A thorough examination is conducted to ensure all identified vulnerabilities are addressed and the system is secure.
Concise Reporting: Our team delivers a detailed report covering all findings and insights from the assessment cycle.
Why DigiFortex?
As a CERT-In empaneled and ISO 27001:2022 certified organization, DigiFortex is globally recognized in providing Information Security consulting. Our team started McAfee in India and holds 17 US patents. DigiFortex provides insurers with expert guidance on Security Audit for RRB, ensuring robust compliance and risk management. We offer detailed assessments, proactive risk mitigation, and actionable support, enabling insurers to maintain high standards of data protection and regulatory compliance.
Our team is composed of globally certified experts, including ISO 27001 Lead Auditors for Information Security, Certified Information Privacy Professionals for Europe (CIPP/E) from the International Association of Privacy Professionals (IAPP), DSCI Certified Privacy Lead Assessors (DCPLA), CCSA, CISM, CISA, ISO 27001 LA, CEH, CRTP and more. Backed by diverse industry experience, our professionals provide comprehensive security and privacy solutions tailored to meet the highest standards.
A small glimpse of DigiFortex’s globally recognized work
-
Completed the Prepaid Payment Instrument (PPI) audit for Amazon Pay, which included:
- IS Audit (Information System Audit)
- V-KYC (Video-based Know Your Customer)
- VAPT (Vulnerability Assessment and Penetration Testing)
- SAR (Security Assessment Report)
- RBI Data Localization compliance
- Conducted security assessments for the #1 U.S. financial institution, covering 17 of their websites across 17 countries.
- Performed a comprehensive Cloud Security Assessment for HDFC Bank.
- Provided IT audit services for the integration of HDFC’s system with the Government of India’s Solar Energy Corporation of India (SECI).
- Selected by Indian Bank to conduct a full security assessment of their data centers in Chennai and Mumbai.
By partnering with DigiFortex, you’re choosing a firm that combines regulatory compliance expertise with a proactive, client-centric approach to safeguarding your organization’s information systems.
Request free consultation - Click Here
