TNPSC Thervupettagam

Technology Vision for Cyber Security’ for UCBs

September 30 , 2020 1521 days 1260 0
  • The Reserve Bank of India will implement the Technology Vision for Cyber Security’ for Urban Co-operative Banks (2020-2023).
  • It aims to enhance the IT security system of Urban Co-operative banking to prevent, detect, respond to and recover from cyber-attacks.
  • RBI will achieve this objective using its five-pillared strategic approach ‘GUARD’. 
  • GUARD denotes:
    • G – Governance Oversight,
    • U – Utile Technology Investment,
    • A – Appropriate Regulation and Supervision,
    • R – Robust Collaboration
    • D – Developing necessary IT, cybersecurity skills set.

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