Time to scale up cyber security to meet emerging threats, says Deputy Governor of RBI


L to R - Deputy Governors RBI, SS Mundra, R Gandhi, HR Khan, RBI Governor Raghuram Rajan,Urjit Pate during a conference Sixth Bi-Monthly Monetary Policy Review 2015/2016. Express Photo By Ganesh Shirsekar 02/02/2016 *** Local Caption *** L to R - Deputy Governors RBI, SS Mundra, R Gandhi, HR Khan, RBI Governor Raghuram Rajan,Urjit Pate during a conference Sixth Bi-Monthly Monetary Policy Review 2015/2016. Express Photo By Ganesh Shirsekar 02/02/2016 L to R – Deputy Governors RBI, SS Mundra, R Gandhi, HR Khan, RBI Governor Raghuram Rajan,Urjit Pate (Express Photo By Ganesh Shirsekar)

Banks need to put in place preventive measures such as appropriate controls framework around the systems, reconciliation of transactions in on real / near real time basis, controls over the message creation and transmission, applying timely security patches to the interfaces, if any, close monitoring of transactions and disabling USB, and

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