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:
