RBI asks banks, payment firms to forensically clear tech environments in case of a data breach
RBI is in focus.
· Economic Times Markets, ET Stocks
The RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor authentication for administrative access, and restrict access to cloud and backend systems on a least-privilege basis.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- Sector exposure: Banks, Financial Services.
In this story
BanksFinancial Services
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