.......Information Technology Act 2000 mandates a statutory compliance from banks to ensure that the internet banking service offered is safe and secure. The Reserve Bank of India has directed the banks to have a comprehensive internet banking policy to protect the customers against security breaches. Rules regarding IT (Reasonable Security Practices and Procedures and Sensitive Personal Data Information ) u/s 43A, require banks to follow the ISO 27001 security standard for internet banking. The user is expected to keep his login ID and password safe and secure and ensure that no security breach happens due to any negligence. Loss of password by the user is very common as the user falls prey to phishing attacks or.............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
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