The Reserve Bank of India (RBI)
is taking cyber security of banking industry very seriously. RBI has
been stressing that banks in India are required to ensure cyber due
diligence and cyber
security due diligence. However, the banks in India have
still
not done the needful in this regard even though the first
quarterly report in this regard is due on 30th June, 2011.
Perry4Law
and Perry4Law Techno Legal Base (PTLB)
welcome this initiative of RBI and congratulate the working group for
coming out with good guidelines.
See ICTPS Blog for more.