Strengthen Your Cyber Resilience: Navigating RBI's Latest IT Guidelines

July 11, 2024 | Sofitel, BKC, Mumbai | 6:30 PM IST Onwards

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Event Overview

RBI’s latest guidelines on governance, risk and assurance practices aims to bolster the IT governance and cybersecurity posture of financial institutions. A key component of the directive is the implementation of a robust IT Service Management Framework to support operational resilience including managing third-party risks, project management, change and patch management, and ensuring secure data migration practices. 

CISOs are also required to establish a cyber crisis management plan that will regularly have vulnerability assessments, and penetration testing to mitigate risks. CROs also need to have a business continuity plan and disaster recovery policy to strengthen their institutions’ resilience against IT-related risks.

To achieve this, it is important to align IT strategy with overall business objectives. What are the measures to achieve this? What measures are in place to effectively manage IT and cybersecurity?

How to ensure compliance of third-party risk management with regulatory requirements. For CISOs and CROs, this event will provide actionable insights and expert guidance on meeting the RBI guidelines and strengthening their institutions’ resilience against IT-related risks.

Speakers

Suparna Goswami

Associate Editor, ISMG

Madhur Kabra

Advisory Solution Consultant, ServiceNow

Gaurav Mahendru

Director – Technology Workflows, ServiceNow

Hersh Shah

CEO, IRM India Affiliate

Sanchita Mustauphy

Chief Risk Officer, Aditya Birla Capital

Agenda

6:30 PM - 7:00 PM

Registration & Opening Remarks

7:00 PM - 7:30 PM

Understanding RBI’s New IT Directives: Implications and Strategies

In this fireside chat, the keynote speaker will discuss the significance of the latest RBI guidelines for banks and financial institutions. This session will cover RBI’s priorities for enterprise risk and strategic approaches for banks to meet the new requirements. Financial institutions will learn how financial institutions can address the most challenging aspects of these guidelines.

Hersh Shah, CEO, IRM India Affiliate
Sanchita Mustauphy, Chief Risk Officer, Aditya Birla Capital
Gaurav Mahendru, Director – Technology Workflows, ServiceNow

7:30 PM - 8:00 PM

Deep Dive into RBI Directives: Tech-Driven Compliance Solutions

The speaker in this session will provide an in-depth analysis of the RBI guidelines from a technological standpoint. This session will explore the technological strategies and collaborative efforts necessary to comply with RBI directives, how best FIs can partner with a service provider.

Madhur Kabra, Advisory Solution Consultant, ServiceNow

8:00 PM - 8:15 PM

Streamlining Compliance with ServiceNow: A Practical Demonstration

This session will feature a live demonstration on how ServiceNow can facilitate the compliance process for financial institutions. Attendees will see first-hand how ServiceNow’s solutions can simplify the implementation of the RBI guidelines and enhance overall operational resilience

Madhur Kabra, Advisory Solution Consultant, ServiceNow

8:15 PM - 8:45 PM

Cybersecurity Strategy and Deployment Workshop

8:45 Onwards

Closing Remarks followed by Dinner

Venue

Sofitel, BKC, Mumbai

C 57, G Block BKC, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051