RBI IT framework requirements for banks and NBFCs are specific. ManageEngine addresses several of them directly.
ManagedFirst implements ManageEngine for banks and NBFCs with configurations built around RBI IT framework requirements -- privileged access governance, change management documentation, security monitoring, and audit evidence.
RBI IT framework and ManageEngine -- the implementation scope.
The RBI IT framework for banks and NBFCs imposes requirements across multiple IT governance domains -- information security, risk management, business continuity, and IT service management. ManageEngine addresses the technical control requirements in several of these domains.
ManagedFirst advises on the technical implementation only -- which ManageEngine products address which framework requirements and how they should be configured to produce the required controls and evidence. Regulatory interpretation of the framework and its applicability to your specific entity is a matter for your compliance function and legal counsel.
The controls most clearly addressed by ManageEngine tools are privileged access management, change management documentation, security monitoring, and access governance audit trails -- all of which are explicitly addressed in the RBI IT framework.
RBI IT framework requirements addressed by ManageEngine.
| Challenge | ManageEngine product | What we configure |
|---|---|---|
| Privileged access management for critical systems | PAM360 | Privileged credential vaulting for core banking system admin accounts. Session recording for every privileged access event. Just-in-time access with approval workflows. |
| Change management governance documentation | ServiceDesk Plus | Change management workflow with approval chains for IT changes to regulated systems. Every change has a documented request, approval record, and implementation evidence. |
| Security incident monitoring and detection | Log360 | SIEM deployed with log collection from core banking and critical systems. Correlation rules for financial sector threat patterns. Incident documentation and escalation workflows. |
| Access control and audit evidence | ADAudit Plus + AD360 | Continuous AD access audit trail. Access reviews for systems holding customer financial data. Compliance reports produced on schedule for audit review. |
| Vulnerability and patch management | Endpoint Central | Patch management across banking IT endpoints. Vulnerability scanning and remediation tracking. Patch compliance reporting for IT governance. |
Privileged access management for critical systems
PAM360
Privileged credential vaulting for core banking system admin accounts. Session recording for every privileged access event. Just-in-time access with approval workflows.
Change management governance documentation
ServiceDesk Plus
Change management workflow with approval chains for IT changes to regulated systems. Every change has a documented request, approval record, and implementation evidence.
Security incident monitoring and detection
Log360
SIEM deployed with log collection from core banking and critical systems. Correlation rules for financial sector threat patterns. Incident documentation and escalation workflows.
Access control and audit evidence
ADAudit Plus + AD360
Continuous AD access audit trail. Access reviews for systems holding customer financial data. Compliance reports produced on schedule for audit review.
Vulnerability and patch management
Endpoint Central
Patch management across banking IT endpoints. Vulnerability scanning and remediation tracking. Patch compliance reporting for IT governance.
Three RBI requirements with the deepest ManageEngine coverage.
Privileged Access Management
RBI IT framework requires privileged access management for regulated entities. PAM360 vaults privileged credentials, records every privileged session, and enforces just-in-time access for core banking system administration.
Change Management Documentation
RBI requires documented change governance for IT changes to regulated systems. ServiceDesk Plus change management provides approval workflows, implementation documentation, and audit trails for every production change.
Cybersecurity Monitoring
RBI IT framework and RBI cybersecurity framework require continuous security monitoring. Log360 provides SIEM capability with log collection from banking systems, threat detection, and incident documentation.
Get a free RBI IT framework technical controls review.
We review your current ManageEngine deployment against the RBI IT framework requirements, identify the configuration gaps, and tell you what a compliant implementation requires.