<h1>RBI Investigates Bank Card Data Breach; Independent Audit Launched Under Cyber Security Framework Guidelines.</h1> The Reserve Bank of India (RBI) is investigating a reported data breach involving bank cards, with an independent forensic audit underway. The RBI established a Cyber Security and IT Examination Cell in 2015 and issued a comprehensive Cyber Security Framework for banks in June 2016. This framework mandates banks to implement a cyber-security policy, crisis management plan, and report incidents within a specified timeframe. The RBI conducts IT examinations and cyber security preparedness testing for banks. Additionally, a Cyber Crisis Management Group has been formed to handle major incidents, and an IT Subsidiary focuses on cyber security in RBI-regulated entities.