Make RBI Cybersecurity
Compliance Simple for Your Bank

The RBI Cybersecurity Framework mandates that all banks, NBFCs, and cooperative institutions enforce strict "User Access Control and Management." It requires institutions to implement the principle of least privilege, enforce Multi-Factor Authentication (MFA), and strictly monitor the activities of superusers or administrators. A robust Privileged Access Management (PAM) solution is the standard way to meet these mandatory baseline controls.

Yes, under the RBI Master Directions on Information Technology Framework, NBFCs are required to implement robust access control mechanisms to protect sensitive financial data. Deploying PAM for NBFCs helps financial institutions mitigate insider threats, secure vendor access, and satisfy the RBI's strict mandates for risk management and incident reporting.

The RBI requires granular audit trails for forensic analysis and dispute resolution. miniOrange PAM provides real-time session monitoring and comprehensive audit logs of all privileged activities. This allows banks to easily demonstrate compliance during RBI compliance audits, ensuring all superuser access is tracked, recorded, and strictly governed.

The RBI Master Direction on IT Outsourcing demands strict oversight of third-party vendors and contractors. A PAM solution addresses this by offering Just-in-Time (JIT) access. Vendors are granted temporary, time-bound access to critical systems without ever seeing the actual root passwords. Once the task is complete, access is automatically revoked, significantly reducing third-party vulnerabilities.

To fully align with RBI cybersecurity baseline controls, financial institutions need a PAM solution that includes Secure Password Vaulting, Endpoint Privilege Management (EPM), Just-In-Time (JIT) Access, and comprehensive Privilege Account and Session Management (PASM). These features ensure that both internal administrators and external vendors only access what they need, exactly when they need it.