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Date: 02-Feb-2024 Category: Extra Ordinary State: Union Government Country: India

Declaration of certain computer resources relating to identified Critical Information Infrastructure(CIIs) of the KFin Technologies Private Limited (KFintech)

Issued by Ministry of Electronics and Information Technology · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The Central Government, under the powers conferred by the Information Technology Act, 2000, declares the computer resources related to the Mutual Fund System and its Database of KFin Technologies Private Limited as 'protected systems'. This includes associated dependencies, designating them as Critical Information Infrastructure.

Key Changes

  • KFin Technologies Private Limited's Mutual Fund System and its Database are now designated as protected systems under the Information Technology Act, 2000.
  • Access to these protected systems is authorized for specific individuals:
  • Designated employees of KFin Technologies Private Limited authorized in writing.
  • Team members of contractual managed service providers or third-party vendors authorized in writing by KFin Technologies Private Limited for need-based access.
  • Consultants, regulators, Government officials, auditors, and stakeholders authorized in writing by KFin Technologies Private Limited on a case-by-case basis.
  • The notification is effective from February 2, 2024.

Impact Analysis

KFin Technologies Private Limited

  • Potential need to review and update existing security protocols to comply with the protected system designation.

Mutual Fund Industry

  • May require mutual fund companies to ensure their service providers, like KFin Technologies, have adequate security measures in place.

Contractual Managed Service Providers and Third-Party Vendors

  • Potential need for enhanced security training for team members.

Regulators, Government Officials, Auditors, and Stakeholders

  • Must adhere to KFin Technologies Private Limited's security protocols during access.

Suggested Action Items

  • Mutual fund companies should assess the security measures implemented by their service providers, including KFin Technologies Private Limited.

Key Entities Referenced

KFin Technologies Private Limited: An entity whose Mutual Fund System and Database are designated as Critical Information Infrastructure and protected systems. Information Technology Act, 2000: The legal framework under which the Central Government is authorized to declare computer resources as protected systems. Central Government: The authority issuing the notification and responsible for enforcing the Information Technology Act, 2000.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-02022024-251738 CG-DxLx-xEG-I0D2H0x2x2x0 24-251738 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 397] नई ददल्ली, िुक्रवार, फरवरी 2, 2024/माघ 13, 1945 No. 397] NEW DELHI, FRIDAY, FEBRUARY 2, 2024/MAGHA 13, 1945 इलक्‍टे र ॉजनक ूर सपू ना प्रोगिकीजगक मलं ालय अजधसपू ना नई ददल्ली, 1 फरवरी, 2024 का.आ. 421(अ).—केंद्रीय सरकार, सूपना प्रोगिकीजगक अजधजनयम, 2000 (2000 का21) क धारा 70 क उप- धारा (1) ूर उप-धारा (2) द्वारा प्रदत्त िजियों का प्रयीग करत े हुए, केदफन टेक्नीलॉिीि प्राइवेट जलजमटेड क नािुक सूपना अवसंरपना हीन े के कारण म्युपुअल फंड प्रणाली ूर उसका डटे ाबेस स े संबंजधत कंप्यूटर संसाधनों एव ं उनस े सहयुि आजितताओं के कंप्यूटर संसाधनों की उि अजधजनयम के प्रयीिनों के जलए एतद्द्वारा सरं जित प्रणाली घीजित करती ह ैूर जनम्नजलजखत व्यजियों की संरजित प्रणाजलयों तक पहुपं बनान ेके जलए प्राजधकृत करती ह,ै अथाात:्- (क) संरजित प्रणाली तक पहुपं बनान े के जलए, केदफन टेक्नीलॉिीि प्राइवेट जलजमटेड द्वारा जलजखत रूप म ें प्राजधकृत केदफन टेक्नीलॉिीि प्राइवेट जलजमटेड का कीई अजभजहत कमपा ारी; (ख) संजवदा मक प्रबंजधत सेवा-प्रदाता या तृतीय पिकार जवक्रेता के दल का कीई सदस्ट्य जिस े आवश्यकता के आधार पर पहुपं बनान े के जलए केदफन टेक्नीलॉिीि प्राइवेट जलजमटेड द्वारा जलजखत रूप म ें प्राजधकृत दकया गया ह;ैूर (ग) मामला दर मामला के आधार पर, केदफन टेक्नीलॉिीि प्राइवेट जलजमटेड द्वारा जलजखत रूप म ें प्राजधकृत कीई परामिी, जवजनयामक, सरकारी पदाजधकारी, संपरीिक ूर पणधारी। 2. यह अजधसूपना रािपल में इसके प्रकािन क जतजथ से प्रभावी हीगी। [फा. सं. 2(5)/2022-सीएल-भाग(2)] संदीप पटिी, वैज्ञाजनक िी 674 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY NOTIFICATION New Delhi, the 1st February, 2024 S.O. 421(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 70 of the Information Technology Act, 2000 (21 of 2000), the Central Government hereby declares the computer resources relating to the Mutual Fund System and its Database, being Critical Information Infrastructure of the KFin Technologies Private Limited, and the computer resources of their associated dependencies, to be protected systems for the purposes of the said Act and authorises the following persons to access the protected systems, namely:— (a) any designated employee of the KFin Technologies Private Limited authorised in writing by the KFin Technologies Private Limited to access the protected system; (b) any team member of contractual managed service provider or third-party vendor who have been authorised in writing by the KFin Technologies Private Limited for need-based access; and (c) any consultant, regulator, Government official, auditor and stakeholder authorised in writing by the KFin Technologies Private Limited on case to case basis. 2. This notification shall come into force on the date of its publication in the Official Gazette. [F. No. 2(5)/2022-CL-Part(2)] SANDIP CHATTERJEE, Scientist G Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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