RBI NON-BANKING FINANCIAL COMPANY (NBFC) AUDIT

RBI Issues Master directions and Guidelines for Non-Banking Financial corporations to hunt and resolve the risk and weaknesses in its operations.

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What is RBI NBFC Audit?

RBI Issues Master directions and Guidelines for Non-Banking Financial corporations to hunt and resolve the risk and weaknesses in its operations. These Master direction guidelines are mainly driven by the demand and need for mitigating the cyber threats coming out of evolving technology adopted by these corporations.

The NBFC has to follow the terms and conditions of the licence (such as customer protection,data security,audit function, grievance redressal, data security, audit control, corporate governance and risk management framework).

Overview

As CERT-In Empanelled Security Auditor, Xiarch has assisted you while knowing, complying, and manage the RBI Circulars and Guidelines that are published periodically. RBI announced the new updated information related to Information Technology Framework while proceeds with NBFC Sector and consists of specific requirements and clauses that pertaining the Cyber Security and Information, Business Continuity Planning, IT Audits and many others.

Benefits Of Audit

  • It builds confidence that the systems are suitable and operating securely as designed.
  • An independent third party opinion is obtained
  • Steer the organization’s operations to offer better services
  • Provide assurance to user organizations who outsource any IT systems performing critical operations that their service organizations have procedures and controls in place to provide constant and reliable services.
  • Security of the organisation can be improved by getting the valuable suggestions and feedback from the expert team of Xiarch.

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RBI NBFC Audit Process & Approach

Xiarch is worked with the wholesome approach that deals with RBI NBFC Compliance and we are also divided our working techniques to ensure compliance with RBI.

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Initial Assessment
  • Information is gathered about the organisation. How the organisation works is reviewed.
  • The policies, procedures and other documents of the organisation are reviewed.

Gathering of Evidences
  • Evidences of All Audit Points Are Gathered
  • The gaps are identified.
  • Areas of improvements shall be suggested wherever possible.
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3
Writing Documentation
  • The report shall be made stating the observations corresponding to the guidelines.
  • The Compliance ,Non-Compliance and Need-For-Improvement points are clearly stated.

Report Presentation
  • When the above steps are done, presentation of the report shall be done.
  • The final signed report is submitted to the client which can be shared to the regulatory body on request.
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What We Deliver ?

It’s an important practice that gives organizations visibility into real-world threats to your security. As part of a routine security check, penetration tests allow you to find the gaps in your security before a hacker does by exploiting vulnerabilities and providing steps for remediation.

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Digital Report

Our experts will furnish an itemized security evaluation report with legitimate remediation steps to be taken.

Distinguish Security Weaknesses inside your Digital Asset permitting you to proactively remediate any issues that emerge and improve your security act.


Skilled Consultants

We also assured you that your assessments are executed by Qualified Experts.

Our group of security specialists holds industry capabilities, for example, CHECK Team Member and Team Leader, CEH, ECSA, OSCP, CISA, CISSP, and many more.

Compliance & Certification

We will help you with the Compliance & Certification process that deals with the understanding of various documentation having the implementation verification.

Xiarch is worked with the wholesome approach that deals with compliance process.

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Why Xiarch ?

Xiarch is a CERT-IN Empanelled & ISO 9001:2015 | ISO 27001-2013 Licensed Cyber Security Company and IT Services Company with solutions providers in Information Security like VAPT Services, Penetration Testing Services, Vulnerability Assessment Services, Among our consumers we proudly work for Government Organizations, Fortune one thousand Companies and countless start-up companies. We are additionally Value Added Partners, Authorized Re-sellers & Distributor of Leading Web Application Security Testing Tools.

We are headquartered in Delhi and have branch presence in Gurugram and Mumbai - India

Contact our sales team @ +91-9667916333 for further clarifications on above stated service, you can also reach us by an email at [email protected]. We’ll be great full to serve you. Happy Security.

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Test the effectiveness of your own security controls before malicious parties do it for you. Our security experts are here to help — schedule a call today.

Xiarch Security is an global security firm that educates clients, identifies security risks, informs intelligent business decisions, and enables you to reduce your attack surface digitally, physically and socially.

Certified Security Experts

Our security experts are exceptionally qualified and confirmed by CEH, ECSA, OSCP, CISA, CISSP, and numerous others.

Communication & Collaboration

After surveying the code our specialists shared the best answers to correct them. Our experts will communicate with you for any further implementations.

Research-Focused Approach

We hold industry-leading certifications and dedicate part of every day to research the latest exploit techniques to ensure our clients remain protected from evolving online attacks.

Free Remediation Testing

Once your team addresses remediation recommendations, Xiarch will schedule your retest at no additional charge.