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Cyber attack on ATM system of public and private banks

News and Press Release - Dated:- 22-11-2016 - More than 3.2 million debit cards of major public and private banks have been compromised by a cyber malware attack in ATM system and the National Payments Corporation of India. Reserve Bank of India (RBI .....

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s under process. RBI has set up a Cyber Security and IT Examination (CSITE) Cell within its Department of Banking Supervision in 2015. The Bank issued a comprehensive circular on Cyber Security Framework in Banks on June 2, 2016 covering best practic .....

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ing certain risk indicators in this area, report unusual cyber security incidents within 2 to 6 hours. RBI has been carrying out IT Examination of banks from last year. RBI has also set up a Cyber Crisis Management Group to address any major incident .....

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