NBFC Cybersecurity Review

NBFC cybersecurity review examines technology risks in the context of customer information, lending operations and regulatory expectations.

Promoters, regulated businesses and compliance leaders assessing an activity-specific regulatory requirement can use this service to clarify a particular issue. A useful starting question is: “Does a vulnerability scan complete a cybersecurity audit?” Begin with the facts behind that question rather than assuming that a standard package will resolve it.

The engagement can cover the following workstreams. The proposal specifies which apply to your matter and what evidence or specialist input is needed.

• Assess critical systems and access controls.
• Review incident response and third-party risk.
• Prioritise security findings and remediation.

Start with the records below where available. They help establish the facts before a more specific checklist is agreed.

• System inventories.
• Security policies.
• Incident logs.
• Vendor assessments.

Provide the relevant entity, transaction or reporting period and any existing notice or deadline. Identify missing or inconsistent records so they can be addressed explicitly.

A vulnerability scan is one input; governance, response capability and access controls require separate review.

1. Define the question: assess critical systems and access controls, using the available system inventories and the facts you provide.
2. Examine the evidence: review incident response and third-party risk. Record unresolved information and the assumptions that affect the analysis.
3. Agree the action: prioritise security findings and remediation. Set the required deliverables, responsible owners and any follow-up or external dependency.

The proposal for NBFC Cybersecurity Review sets out the analysis, documentation or coordination deliverables and the work you retain. The availability of system inventories, security policies, incident logs and vendor assessments affects readiness and the amount of follow-up needed. Fees and the working schedule are agreed after that initial assessment. Any required independent report, legal representation or authority application is identified as a separate responsibility where relevant.

Use these official resources for the relevant framework. Application to a particular entity, period or jurisdiction requires a separate assessment.

• RBI: Official regulatory resources

• NBFC Loan Portfolio Audit
• NBFC Compliance Audit
• NBFC Audit
• NBFC Registration

Share a short summary of your NBFC Cybersecurity Review requirement and the records already available. BIATConsultant can assess the proposed scope and explain the next steps.

• Request a NBFC Cybersecurity Review consultation
• About BIATConsultant