Compliance Framework for RBI master directions for NBFC


Problem Statement

Customer was required to adhere to RBI Master Directions IT Framework for NBFCs before 30th June 2018

Services Delivered

  • Developed Policies, Procedures and supporting forms, templates
  • Developed implementation roadmap and provided Project Management Assistance
  • Conducted a comprehensive risk assessment, identified risks across organization (Business Operations, Facilities, Human Resources, IT etc.) and provided recommendations
  • Reviewed SDLC practices, IT infrastructure setup, regulatory requirements etc. and identified opportunities for improvement
  • Reviewed supplier contracts and established Supplier Governance process
  • Conducted Business Impact Analysis to identify critical services, developed recovery strategies and Business Continuity Plan
  • Developed information security awareness material and conducted training for the Leadership team

Value Provided

  • Developed Business Continuity Plan and Disaster Recovery requirements for Customer’s datacenter which was outsourced
  • Provided the Senior Management visibility into the key information security risks and immediate actions required to address them
  • Provided the customer a Single Repository for Risks with controls mapping to RBI Master Directions IT Framework, ISO 27001, CSA STAR, NIST 800-53, COBIT 5.0
Article Written by CyRAACS Team
Transform your business and manage risk with your trusted cyber security partner
CYRAAC Services Private Limited
3rd floor, 22, Gopalan Innovation Mall, Bannerghatta Main Road, JP Nagar Phase 3, Bengaluru, Bengaluru Urban, Karnataka-560076
Company CIN: U74999KA2017PTC104449
In Case Of Any Grievances Or Queries Please Contact -
Murari Shanker (MS) Co-Founder and CTO
Email ID: [email protected]
Contact number: +918553004777
crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram