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
- Sectors in the story: Banks and Financial Services.
Banks
1M -3.4% · 3M -6.0%
Financial Services
1M -8.8% · 3M -14.9%
Sector moves are the average of the stocks we track in each sector.
In this story
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