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Date: 11-Jan-2023 Category: Extra Ordinary State: Union Government Country: India

declares the computer resources relating to the Core Banking Solution, Real Time Gross Settlement, National Electronic Fund Transfer, Immediate Payment Service Switch, Automated Teller Machine Switch, Unified Payments Interface Switch and Society for Worldwide Interbank Financial Telecommunications Systems, being Critical Information Infrastructure of Canara Bank, and the computer resources of its associated dependencies, to be protected systems for the purpose of the said Act

Issued by Ministry of Electronics and Information Technology · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The gazette notification declares specific computer resources of Canara Bank and its associated dependencies as 'protected systems' under the Information Technology Act, 2000, due to their status as Critical Information Infrastructure.
  • It also authorizes specific personnel to access these protected systems.

Key Changes

  • The Central Government, using powers under Section 70(1) and 70(2) of the Information Technology Act, 2000, designates computer resources related to the following as 'protected systems': Core Banking Solution, Real Time Gross Settlement, National Electronic Fund Transfer, Immediate Payment Service Switch, Automated Teller Machine Switch, Unified Payments Interface Switch, and Society for Worldwide Interbank Financial Telecommunications Systems of Canara Bank.
  • The notification authorizes the following personnel to access the protected systems:
  • Any designated employee of Canara Bank authorized in writing by Canara Bank.
  • Any team member of contractual managed service provider or third-party vendor authorized in writing by Canara Bank for need-based access.
  • Any consultant, regulator, Government official, auditor, and stakeholder authorized in writing by Canara Bank on a case-by-case basis.
  • The notification comes into force on the date of its publication in the Official Gazette which is January 11, 2023.

Impact Analysis

Canara Bank

  • Action Item: Review and update security policies and procedures to align with the 'protected system' designation. Develop and implement a formal authorization process for accessing protected systems. Conduct training for relevant personnel on the new security protocols.

Customers of Canara Bank

  • Action Item: Communicate the enhanced security measures to customers to build trust and confidence.

Managed Service Providers and Third-Party Vendors

  • Action Item: Review existing agreements with Canara Bank to ensure compliance with the new security requirements. Implement necessary security enhancements to meet Canara Bank's standards.

Regulators and Government

  • Action Item: Ensure adequate resources and expertise to oversee and enforce the new security regulations.

Key Entities Referenced

Canara Bank: A major public sector bank in India whose specified computer resources are declared as 'protected systems'. Ministry of Electronics and Information Technology (MeitY): The government ministry responsible for issuing the notification and enforcing the Information Technology Act, 2000. Information Technology Act, 2000: The primary legislation governing information technology and cybersecurity in India. Section 70 provides the legal basis for declaring computer resources as 'protected systems'. Core Banking Solution (CBS): A centralized system that enables banks to streamline their operations and offer a wide range of services to customers. Real Time Gross Settlement (RTGS): A system for the immediate transfer of funds between banks on a real-time and gross basis. National Electronic Fund Transfer (NEFT): A system for transferring funds electronically from one bank account to another. Immediate Payment Service Switch (IMPS): A real-time payment system that allows for instant transfer of funds between bank accounts. Automated Teller Machine Switch (ATM Switch): The network that connects ATMs and allows customers to access their bank accounts. Unified Payments Interface Switch (UPI Switch): A real-time payment system that allows users to transfer money between bank accounts using a mobile app. Society for Worldwide Interbank Financial Telecommunications Systems (SWIFT): A global network that enables financial institutions to securely exchange information about financial transactions.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12012023-241907 xxxGIDHxxx CG-DL-E-12012023-241907 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 178] िई दिल्ली, बुधवार, ििवरी 11, 2023/पौि 21, 1944 No. 178] NEW DELHI, WEDNESDAY, JANUARY 11, 2023/PAUSHA 21, 1944 इलक्‍टे र ॉजिकी और सचू िा प्रौद्योजगकी मत्रं ालय अजधसचू िा िई दिल्ली, 11 ििवरी, 2023 का.आ. 186(अ).—केंद्रीय सरकार, सूचिा प्रौद्योजगकी अजधजियम, 2000 (2000 का 21) की धारा 70 की उप-धारा (1) और उप-धारा (2)द्वारा प्रित्त िजियों का प्रयोग करते हुए, केिरा बैंक और इसके सहयुि आजितताओं के कंप्यूटर संसाधिों को िािुक सूचिा अवसंरचिा होिे के कारण महत्वपणू ण बैंककारी समाधाि (कोरबैंककंग सोल्यिू ि), वास्ट्तजवक समय समग्र जिपटाि (ररयल टाइम ग्रॉस सेटलमेंट), राष्ट्रीय इलैक्‍टरोजिकी जिजध अंतरण (ििे िल इलेक्‍टरॉजिक फंड रांसफर), तुरंत भगु ताि सेवा जस्ट्वच (इमीजडएट पेमेंट सर्वणस जस्ट्वच), स्ट्वचाजलत टेलर मिीि जस्ट्वच (ऑटोमेरटड टेलर मिीि जस्ट्वच), एकीकृत भुगताि इंटर फेसजस्ट्वच (यूजिफाइड पेमेंट्स इंटरफेस जस्ट्वच) और सोसाइटी फॉर वल्डणवाइड इंटर बैंक फाइिेंजियल टेली कम्यूजिकेिि जसस्ट्टम्स स े संबंजधत कंप्यूटर संसाधिों को, उिअजधजियम के प्रयोिि के जलए एतद्द्वारा संरजित प्रणाली घोजित करती ह ै और जिम्नजलजखत कार्मणकों को संरजित प्रणाजलयों तक पहुचं बिाि े के जलए प्राजधकृत करती ह,ै अर्ाणत ् :- (क) संरजित प्रणाली तक पहुचं बिािे के जलए, केिरा बैंक द्वारा जलजखत रूप म ें प्राजधकृत केिरा बैंक का कोई अजभजहत कमणचारी; (ख) संजविात् मक प्रबंजधत सेवा-प्रिाता या तृतीय पिकार जवक्रेता के िल का कोई सिस्ट्य जिसे आवश्यकता के आधार पर पहुचं बिािे के जलए केिरा बैंक द्वारा जलजखत रूप म ें प्राजधकृत दकया गया ह;ै और 267 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (ग) मामला िर मामला के आधार पर, केिरा बैंक द्वारा जलजखत रूप म ें प्राजधकृत कोई परामिी, जवजियामक, सरकारी पिाजधकारी, संपरीिक और पणधारी। [फा. सं. 2(5)/2022-सीएल] अजमत अग्रवाल, अपर सजचव MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY NOTIFICATION New Delhi, the 11th January, 2023 S.O. 186(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 Core Banking Solution, Real Time Gross Settlement, National Electronic Fund Transfer, Immediate Payment Service Switch, Automated Teller Machine Switch, Unified Payments Interface Switch and Society for Worldwide Interbank Financial Telecommunications Systems, being Critical Information Infrastructure of Canara Bank, and the computer resources of its associated dependencies, to be protected systems for the purpose of the said Act and authorises the following personnel to access the protected systems, namely:— (a) any designated employee of the Canara Bank authorised in writing by the Canara Bank 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 Canara Bank for need-based access; and (c) any consultant, regulator, Government official, auditor and stakeholder authorised in writing by the Canara Bank 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] AMIT AGRAWAL, Addl. Secy. 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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