Tuesday, 6 June, 2023

RBI Proposes Cyber Resilience and Payment Security Norms for Payment System Operators (PSOs)

The Reserve Bank of India (RBI) has put forward proposed norms aimed at enhancing cyber resilience & digital payment security controls for Payment System Operators (PSOs). The guidelines seek to strengthen the security framework for PSOs by establishing requirements for cybersecurity audits, incident reporting, & threat intelligence sharing. With these proposed measures, the RBI aim to bolster the overall cybersecurity posture & protect digital payment systems.