MAST Consulting provides an end-to-end approach to RBI regulatory compliance, helping regulated entities assess their current compliance posture, strengthen cybersecurity and IT governance, address identified gaps, and prepare for regulatory assessments and audits.

1. RBI Compliance Gap Assessment

We evaluate existing governance structures, policies, procedures, processes and technical controls against applicable RBI requirements. Our assessment maps each relevant RBI requirement against existing controls, compliance status, identified gaps, associated risks and recommended actions, providing management with a clear and prioritized roadmap for achieving and maintaining compliance.

2. RBI Cybersecurity Risk Assessment

We conduct comprehensive cybersecurity risk assessments across critical systems, applications, networks, cloud environments, information assets and third-party services. The assessment considers cyber threats and vulnerabilities, critical information assets, identity and privileged access, network and endpoint security, application and API security, data protection, cloud security, third-party risks, incident response, business continuity and cyber resilience to identify areas requiring additional safeguards.

3. IT Governance & Policy Development

MAST Consulting helps organizations establish and strengthen the governance framework, policies and procedures required to support RBI compliance. This includes information security and cybersecurity policies, IT governance and risk management frameworks, access control, vulnerability and patch management, change management, incident response, business continuity and disaster recovery, third-party risk management, IT outsourcing, cloud security, secure development, and backup and restoration requirements. We align documentation with the organization’s actual technology environment and applicable RBI requirements.

4. IT Outsourcing & Third-Party Risk Compliance

Reliance on technology vendors, cloud providers and other third parties can introduce significant cybersecurity, operational and regulatory risks. We help organizations assess IT outsourcing arrangements against applicable RBI requirements through vendor due diligence, risk assessments, contract and SLA reviews, cloud outsourcing assessments, data security reviews, concentration-risk assessments, ongoing vendor monitoring, exit strategy reviews and maintenance of appropriate outsourcing records.

5. Cybersecurity & Technical Control Assessment

Our consultants assess whether cybersecurity and technical controls are appropriately designed, implemented and operating effectively. The review can cover Identity and Access Management (IAM), Privileged Access Management (PAM), endpoint and network security, vulnerability and patch management, security logging and monitoring, SIEM and SOC controls, encryption, backup security, application and API security, cloud security, and incident detection and response capabilities.

6. VAPT & Security Testing Readiness

MAST Consulting helps organizations establish a structured security testing and vulnerability management approach aligned with applicable RBI requirements. Depending on the environment and regulatory scope, this may include vulnerability assessments, penetration testing, web and mobile application security testing, API security testing, network VAPT and cloud security assessments. We also support vulnerability remediation tracking, risk-based prioritization, retesting and formal closure of identified security weaknesses.

7. Business Continuity & Cyber Resilience

Cyber incidents, technology failures and service disruptions can have a significant impact on financial services and customer operations. We help organizations establish and evaluate Business Impact Analysis (BIA), Business Continuity Plans (BCP), IT Disaster Recovery Plans (DRP), Recovery Time Objectives (RTO), Recovery Point Objectives (RPO), cyber incident scenarios, backup and restoration processes, disaster recovery exercises, crisis-management procedures and resilience testing to strengthen operational and cyber resilience.

8. RBI Audit & Regulatory Assessment Readiness

Preparing for an RBI regulatory assessment or independent audit requires organizations to demonstrate not only that policies and controls exist, but also that they are implemented and operating effectively. MAST Consulting helps organizations organize compliance evidence, review control implementation, map evidence against applicable requirements, address identified gaps, develop corrective action plans, prepare management reporting and conduct mock assessments and readiness reviews before regulatory or independent assessments.