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    <title>Information Technology &amp; Cyber Risk in Banking Sector – The Emerging Fault lines (Shri S. S. Mundra, Deputy Governor - September 7, 2016 - at the ‘International Seminar on Cyber Risk and Mitigation for banks’ organized by CAFRAL, Mumbai)</title>
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    <description>Banks must treat cyber risk as a core business risk with active Board oversight and a board approved cyber security policy, prepare cyber crisis management plans, implement continuous surveillance and Security Operations Centres, ensure protection of customer information, assess gaps against baseline requirements, share unusual cyber incidents with the regulator, strengthen vendor and patch management, elevate the CISO role to strategic level, and adopt coordinated sectoral measures for cyber resilience.</description>
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