![RBI Warns of License Cancellation for Non-Banking PSOs Lacking Robust Cybersecurity Measures](https://securitydive.in/wp-content/uploads/2024/07/secu-600x400.jpg)
RBI Warns of License Cancellation for Non-Banking PSOs Lacking Robust Cybersecurity Measures
The Reserve Bank of India (RBI) has unveiled new master directions on cyber resilience and digital payment security controls specifically for non-bank payment system operators (PSOs). According to the RBI circular, PSOs must establish a board-approved information security policy to address potential information security risks across all applications and payment system products. This policy is…