Industries / Banking & Financial Services
๐Ÿฆ Industry Guide

Cybersecurity for Banking & Financial Services

India's banking and financial services sector is the most targeted by cybercriminals. Crewtec helps banks, NBFCs, fintechs, and payment companies achieve and maintain compliance with the RBI Cyber Security Framework, SEBI circulars, PCI-DSS, and ISO 27001 โ€” while building genuine security resilience.

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Applicable Regulations & Frameworks

RBI Cyber Security FrameworkSEBI Cybersecurity CircularPCI-DSS v4.0DPDPA 2023ISO 27001:2022

43%

Of Indian cyberattacks target BFSI sector (CERT-In 2024)

6 hrs

CERT-In mandatory incident reporting window

โ‚น10 Cr

Average cost of a financial sector data breach in India

Key Security Challenges in Banking & Financial Services

Industry-specific threats and compliance gaps that our consultants see repeatedly.

RBI Cyber Security Framework Compliance

Meeting all RBI mandated controls including 24/7 SOC, SWIFT security, penetration testing, and incident reporting within 6 hours.

Payment Fraud & Transaction Security

Protecting payment systems, UPI infrastructure, and customer accounts from account takeover, phishing, and man-in-the-middle attacks.

Customer Data Protection Under DPDPA

India's DPDPA 2023 imposes strict obligations on financial entities that process customer personal and financial data, with significant penalties for breaches.

Third-Party & Vendor Risk

Core banking vendors, payment aggregators, and technology partners create significant supply chain risk that must be managed under RBI guidelines.

Recommended Services for Banking & Financial Services

Services we typically deploy for Banking & Financial Services organisations, based on regulatory requirements and risk profile.

Client Success Story

ISO 27001 Certification for an NBFC in 14 Weeks

We helped a Bangalore-based NBFC achieve ISO 27001 certification and pass their annual RBI cyber security audit โ€” from gap assessment to certificate in 14 weeks.

Certified in 14 weeks, RBI audit cleared

Other Industries We Serve

Ready to Secure Your Banking & Financial Services Organisation?

Book a free 30-minute assessment with one of our industry specialists โ€” no obligation, no sales pitch.

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