Friday, June 2, 2023

BANKING

The Reserve Bank of India has issued a draft of ‘Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators’ to enhance cyber safety and strengthen resilience for payment system operators (PSOs) related to unregulated entities. Additionally, the operators will be responsible for inventory management, approved cybersecurity and crisis management plans, and adhering to baseline security measures for safe and secure digital transactions. The central banking authority has invited feedback from stakeholders regarding the draft by June 30.

from Banking/Finance-Industry-Economic Times https://ift.tt/IgXtAEM
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