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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

NABARD issues Circular on Conduct of Information Technology/Cyber Security Audit

17-Dec-2024 | EC No. 307/DoS-25/2024

NABARD has issued a circular regarding the conduct of Information Technology and Cyber Security Audits, effective from December 17, 2024. Key highlights of the circular include: 1. All supervised entities of NABARD, which include State Cooperative Banks, District Central Cooperative Banks, and Regional Rural Banks, are required to have their IT infrastructure, websites, and applications (including APIs) audited regularly, or whenever there are changes or updates to their infrastructure or websites/applications. 2. Audits must be conducted using comprehensive frameworks that comply with the MeitY/CERT-In guidelines, which will be released or updated periodically. 3. Copies of the audit reports, along with the required information in the specified format, must be submitted to NABARD at csite@nabard.org on a quarterly basis. This should be done by the last working day of each quarter to ensure timely communication with MeitY, Government of India. For detailed information, please refer to the attached Circular.

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