NEW DELHI: A government audit of India's flagship payments processor last year found more than 40 security vulnerabilities including several it called"critical" and"high" risk, according to an internal government document seen by Reuters.
India's National Cyber Security Coordinator, Rajesh Pant, whose office coordinated the audit, also said in a statement to Reuters that"all observations raised in last year's report have been confirmed as resolved by the NPCI". In India and beyond, financial institutions are under immense pressure to mount effective defences to protect their customers as the number of malicious cyberattacks grow and hackers become more sophisticated.
There was"lack of awareness of risks and risk culture in the institution", according to a mostly redacted version of the 37-page report that was obtained by Reuters via the Right to Information Act last year. The NPCI in its statement did not comment specifically on the RBI reports, but said all observations cited by Reuters were remediated. The RBI did not comment on the reports.The March 2019 government document said a variety of card numbers were unencrypted within the NPCI database for the country's network of almost 250,000 ATMs, while unencrypted RuPay card numbers could also be seen in the organisation's server logs.
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