In an era of digital transformation and evolving cyber threats, Information Security Governance, Risk Management & Compliance (GRC) are essential for the financial services industry. Prepare, prevent, detect, and protect is the mantra. The COE provides security risk advisory and GRC focus and designs next-generation GRC applications, endpoints, and SOC solutions for India’s Central Bank. It aims to build a resilient banking ecosystem, ensure the implementation of robust governance frameworks, mitigate cyber security risks, outline effective risk management strategies, etc.
Reserve Bank Information Technology Private Limited (ReBIT) has been set up by the Reserve Bank of India to serve its IT and cybersecurity needs and to improve the cyber resilience of the Indian banking industry.