Cybersecurity · By industry
Cybersecurity for banking and insurance
Financial institutions are the most targeted and most regulated businesses there are. We help you meet regulators' expectations and stop fraud before it costs customers.
At a glance
A bank, NBFC, insurer or financial services firm: what you run, and how NPLUS secures it.
Each system in the middle ring is paired with the security service that protects it.
Matching numbers show each pair. Select a service to see what it includes. Full detail is in the table below.
Banking & Insurance: A bank, NBFC, insurer or financial services firm
- Core banking and policy systems: how nplus secures it with Identity & Access Management
- Internet and mobile banking: how nplus secures it with Application Security
- Regulatory requirements: how nplus secures it with Compliance Readiness
- Vendors and fintech partners: how nplus secures it with Virtual CISO
- Cloud and data platforms: how nplus secures it with Cloud Security Review
- Fraud and cyber incidents: how nplus secures it with Incident Response Readiness
How it works
Five steps, from the first call to results.
We start
A short call
- We learn how you work today
- Written for banks, NBFCs, insurers and financial services firms
We look at
What you run
- Core banking and policy systems
- Internet and mobile banking
We secure
How NPLUS secures it
- Identity & Access Management
- Application Security
You review
Findings and plan
- Risks ranked by impact
- Owner and date for each fix
The result
What you get
- A risk register mapped to the regulations that apply to you
- Privileged and customer access protected with strong authentication
Continuous: recurring scans · quarterly access reviews · training · leadership reporting
What it is
Cybersecurity for Banks, NBFCs & Insurers, in plain language.
A security programme built around a financial institution's real systems: core banking or policy administration, internet and mobile banking, payment and claims systems, customer data, third-party vendors and staff access. We assess risk, close the gaps regulators and auditors look for, and give leadership clear reporting.
What you run
The risk
How NPLUS secures it
Core banking and policy systems
The risk: Privileged accounts and shared admin access can change records and money.
Identity & Access Management. We set up privileged access controls, strong authentication and regular access reviews.
Internet and mobile banking
The risk: App and API flaws enable account takeover and fraud.
Application Security. We test web, mobile and APIs for business-logic and fraud scenarios as well as technical flaws.
Regulatory requirements
The risk: Inspection findings and unclear controls create penalties and delays.
Compliance Readiness. We map controls to RBI, IRDAI, SEBI, FFIEC or NYDFS expectations and build the evidence.
Vendors and fintech partners
The risk: Third parties with access become the weakest link.
Virtual CISO. A virtual CISO runs third-party risk reviews and reports to your board and regulators.
Cloud and data platforms
The risk: Customer data in the cloud is over-exposed or poorly logged.
Cloud Security Review. We review cloud configuration, encryption, logging and data access.
Fraud and cyber incidents
The risk: Slow response multiplies losses and regulatory exposure.
Incident Response Readiness. A tested incident plan that meets regulator reporting timelines, rehearsed with leadership.
Who it's for
Written for banks, NBFCs, insurers and financial services firms.
Banks, NBFCs, insurers, brokers, wealth and asset managers, and credit unions. These are the people we usually work with:
- CEOs, COOs and business heads
- CISOs, CIOs and IT risk teams
- Chief compliance and risk officers
- Operations and service heads
- Marketing and distribution leaders
- Internal audit
Cybersecurity by department
Why it matters
Why this matters for banks, NBFCs, insurers and financial services firms.
Account takeover, payment fraud and ransomware cost money and trust immediately. Regulators such as the RBI, IRDAI and SEBI in India, and the FFIEC, NYDFS and state insurance regulators in the USA, set detailed cybersecurity requirements and expect evidence. Many incidents start with a vendor or a privileged account, not the core system itself.
How we work
How we work with banks, NBFCs, insurers and financial services firms.
The same four steps on every engagement, sized to your team.
- Step 01
Assess
We map your assets, data and vendors, scan for vulnerabilities and review your controls against your target framework.
- Step 02
Prioritize
Every gap is ranked by business impact and likelihood, so effort goes where risk and audit pressure are highest.
- Step 03
Remediate
We work alongside your team to harden configurations, write policies and put controls in place — documented as we go.
- Step 04
Sustain
Recurring scans, access reviews, training and reporting keep your security posture measurable and audit evidence current.
What you get
The results you can expect.
- A risk register mapped to the regulations that apply to you
- Privileged and customer access protected with strong authentication
- Digital channels tested against fraud and common attacks
- Third-party risk reviews for critical vendors
- Board-ready reporting and a rehearsed incident response plan
We do not promise fixed numbers before we have seen your systems. In the first call we agree what to measure, and we report against it.
FAQ
Cybersecurity for banking and insurance: common questions.
Which regulations do you cover?
In India we commonly work with RBI cybersecurity frameworks and IT directions, IRDAI information and cybersecurity guidelines, SEBI's cybersecurity and cyber resilience framework, CERT-In directions and the DPDP Act. In the USA we work with GLBA, FFIEC guidance, NYDFS Part 500 and state insurance data security laws. We give practical guidance, not legal advice.
Can you support our internal audit and IS audit?
Yes. We prepare evidence, remediation plans and management responses, and can work alongside your auditors.
Do you provide a virtual CISO for smaller NBFCs or brokers?
Yes. A virtual CISO gives you senior security leadership, board reporting and regulator interaction without a full-time hire.
Where should banks, NBFCs, insurers and financial services firms start with security?
Start with a short review of the systems shown in the diagram on this page. We list what you have, rank the risks by how likely and how damaging they are, and agree the first fixes. You do not need to do everything at once.
Can you guarantee we will not be breached?
No, and nobody can honestly promise that. Our work reduces the chance of an attack succeeding and limits the damage if one does, and it gives you evidence of the care you have taken.
Do you work with our existing IT team or vendor?
Yes. We work alongside your IT staff or managed service provider, give them specific tasks, and check the results. We serve clients in India and the USA.
Serving clients across the USA and India
Let's talk about what NPLUS Global can do for you.
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- We reply with practical next steps
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