RBI Cybersecurity Framework for Banks
Chapter V Q: third-party arrangements and ATM switch service providers – RBI Cybersecurity Framework for Banks

RBI Cybersecurity Framework for Banks 126: Para 126: vendor risk assessment and proportionate controls

For IT and cyber third-party arrangements outside the Outsourcing Directions (paragraphs 126 to 135), the bank runs a vendor risk assessment with controls proportionate to risk and materiality to mitigate concentration risk, eliminate or manage conflicts of interest, mitigate single points of failure, comply with requirements to protect customer data, provide high availability and manage supply chain risk.

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Other controls in Chapter V Q: third-party arrangements and ATM switch service providers – RBI Cybersecurity Framework for Banks

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