Data Security Compliance with Reserve Bank of India - Compliance Brief

Indian Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT enabled Services (ITeS) to support their business models, products and services offered to their customers. REs also outsource a substantial portion of their IT activities to third parties, which expose them to various risks. To ensure effective management of attendant risks, the Reserve Bank of India finalized the Outsourcing of Information Technology Services Directions, 2023 on 10 April 2023 and shall come into effect from October 1, 2023.

Organizations can leverage Thales’ suite of identity and data security solutions available on a single unified platform to become compliant today and stay compliant in the future.