Key Insights: Decoding RBI instructions on Card Payments Security
At first glance, the basics of complying to RBI guidelines seem quite straight forward. However, the advancements in the forms and patterns of cyberattacks has made the RBI instructions on card payments security more dense and complex. For instance, RBI states that regulated entities shall follow payment card standards such as PCI PIN and P2PE. We conducted a panel discussion with some of the brightest minds in cybersecurity and compliance to decode RBI instructions on card payments security . Moderated by Dharshan Shanthamurthy, CEO of SISA, the following members joined the discussion as esteemed panellists: Sameer Ratolikar, Executive Vice President & CISO, HDFC Bank Vijayakumar Chandrasekaran, Head of ICS, India, Standard Chartered Bank Nitin Bhatnagar, Associate Director — India, PCI Security Standards Council Kaushik Pandey, Head — Compliance & Testing, SISA The responses of our panel discussion attendees helped us understand that although companies are pl...