IS audits for banks and financial institutions.
We audit information systems at banks, NBFCs and other regulated financial entities against RBI directions and recognised IT audit practice.
IS audits that map to RBI directions, backed by evidence.
Banks and other entities regulated by the Reserve Bank of India are expected to run information systems audits as part of their IT governance.
An information systems (IS) audit typically covers IT governance, core banking and payment systems, access and privileged account management, change management, data protection, business continuity, outsourcing and vendor risk. The RBI Master Direction on IT Governance, Risk, Controls and Assurance Practices (2023) consolidates many of these expectations.
Why IS audit for banks matters
- Regulatory alignment Findings mapped to applicable RBI directions.
- Independent assurance Evidence-based view for the board and audit committee.
- Payment system focus Covers core banking, payment and integration risks.
- Clear remediation Prioritised actions with owners and timelines.
How we deliver IS audit for banks
-
Step 1: Planning
Agree scope, applicable RBI requirements and the audit universe.
-
Step 2: Core banking review
Review application controls, data integrity and administrator activity.
-
Step 3: Channel and payment review
Assess internet and mobile banking, APIs and payment interfaces.
-
Step 4: Access and segregation
Test user access, privileged access and segregation of duties.
-
Step 5: Data protection
Review data leakage prevention, encryption and media controls.
-
Step 6: Reporting
Report findings mapped to RBI requirements and track remediation.
Trusted by
- Kavayah Cloud LLC.
- VirtueServe R&D Pvt. Ltd.
- Middleware Lab Inc.
- York IE Inc.
- Davinci Inc.
- Therapz Inc.
- Clouds Analytics Inc.
- RedKite Network LLP
- Yuva Infocare Pvt. Ltd.
- Fidelity Life Science
- Safebooks Global Pvt. Ltd.
- Xenett
- Cyfonix Pvt. Ltd.
- Interstride
- Symbion Coding Inc.