“Shieldbyte Infosec’s vision is to create a digitally fortified world where individuals, businesses, and governments thrive with the utmost confidence in cyber resilience.”

Shieldbyte Infosec is a cybersecurity firm that deals with offering holistic and cutting-edge solutions to secure organizations against cyber threats. With integrity, expertise, and customer-centric principles as its core values, the company provides services to assist businesses in coping with ever-changing cyber threats and challenges. Shieldbyte Infosec's mission is to build a secure digital space in which individuals, companies, and governments can act with confidence. Shieldbyte Infosec creates proactive defense measures, risk assessments, and threat intelligence solutions to strengthen cyber resilience.

With the use of cutting-edge security technologies, Shieldbyte Infosec aspires to prevent cyber threats and protect confidential information. Its products are meant to eliminate the growing sophistication of cybersecurity, guaranteeing organizations are safe from evolving threats. Committed to security greatness, Shieldbyte Infosec keeps delivering customized cybersecurity solutions that meet the requirements of different industries, enabling long-term digital security and operational security.

Shieldbyte Infosec: Comprehensive Cybersecurity & Compliance Solutions

RBI Payment and Settlement Systems

India's Payment and Settlement Systems are integral to financial operations and are regulated by the Payment and Settlement Systems Act of 2007 (PSS Act). To provide security, efficiency, and regulatory compliance, audits are carried out to evaluate the level of technological advancement and risk mitigation steps taken. The Reserve Bank of India (RBI) has initiated various programs to enhance the digital payment infrastructure of the nation with the continued public trust and the security of financial transactions against cyber-attacks.  The RBI Payment and Settlement Systems Security Audit emphasizes assessing digital payment systems like UPI, NEFT, RTGS, and other electronic payment systems.

This audit ensures financial institutions follow RBI directions, keep security measures in place, and counter risks that would undermine payment integrity. The major goals are to sustain public trust, ensure secure and effective payment mechanisms, supervise and regulate payment systems, promote financial market infrastructure, and promote the safe uptake of electronic transactions. For this purpose, the audit is a systematic process. It starts with audit scope and information gathering, determining important security issues and compliance needs.

It is followed by a business process and control assessment, in which risk management models and operation security controls are assessed. After that, documentation review is carried out to examine security policies and compliance reports. A preliminary audit is subsequently conducted to evaluate the effectiveness of cybersecurity. If weaknesses are detected, a corrective action consultation is offered to close security loopholes. The process is followed by a final audit and verification of evidence, ensuring compliance with required security standards, and an audit report and compliance letter, recording the results. Through this audit process, financial institutions can secure their payment infrastructures, reduce cybersecurity threats, and meet regulatory requirements, and thus have a secure and stable financial system.

ISNP Security Audit

ISNP Security Audit is formulated with the purpose of adhering to the new guidelines on information and cyber security framed by the Insurance Regulatory and Development Authority (IRDA). These guidelines, issued in April 2023, require organizations that deal with insurance-related digital platforms to put in place robust security measures to safeguard key information assets. This involves embracing sophisticated security mechanisms to prevent threats, around-the-clock monitoring, and employee awareness. The audit process examines different information assets such as business information, system logs, desktops, network devices, storage media, and other important factors that make an organization's security infrastructure complete.  The Information and Cyber Security Policy (ICSP) establishes responsibilities to protect key data and provide uniform security measures.

Through this policy, organizations can minimize the risks associated with unauthorized access, data breach, and system disruptions. ISNP Security Audit has a structured process that starts with audit scope assessment and information gathering, and then proceeds to business process evaluation and review of documents. There is an initial audit that determines vulnerabilities, followed by a consultation stage for remediation. The last audit phase is evidence verification, which leads to a compliance letter and an audit report. Some of the main compliance standards of the ISNP Security Audit are information protection, user authentication, accountability, regulatory compliance, cybersecurity resilience, and system continuity. Adherence to these security guidelines helps organizations build trust, uphold operational integrity, and assure secure handling of sensitive insurance information in line with regulatory requirements.

Vaishali Mutalik - CEO

Vaishali Mutalik is the CEO of Shieldbyte Infosec and an acclaimed cybersecurity industry leader. Holding a robust academic foundation and more than two decades of experience, she has the ability to integrate technical proficiency with business expertise to spur cyber defense innovation. Under her stewardship, Shieldbyte Infosec has entered new geographies, providing state-of-the-art security solutions to global customers. Her strategic vision has positioned the company at the forefront of cybersecurity, helping businesses combat evolving threats. Ms. Vaishali’s commitment to excellence and innovation continues to shape the future of digital security, making her a respected figure in the industry.

“Shieldbyte Infosec’s mission is to provide our clients unparalleled protection and peace of mind through cutting-edge technology, expert knowledge and unwavering commitment to safeguarding their digital assets.”