RBI publishes “Technology Vision for Cyber Security’ for UCBs

The Reserve Bank of India (RBI) will implement the “Technology Vision for Cyber Security’ for Urban Co operative Banks 20202023 to enhance the IT security system of Urban Co-operative banking to prevent, detect, respond to and recover from cyber-attacks.

The Technology Vision Document aims at enhancing the cybersecurity posture of the Urban Co-operative banking sector against evolving IT and cyber threat environment. RBI will achieve this objective using its five pillared strategic approach ‘GUARD’. GUARD denotes:

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