BNM RMiT Compliance Review
Independent Assessment Against Risk Management in Technology
Bank Negara Malaysia's Risk Management in Technology (RMiT) framework defines the minimum requirements for all financial institutions to manage technology risk, strengthen cybersecurity, and build operational resilience. The latest version — issued 28 November 2025 — introduces enhanced requirements across cloud services, digital fraud management, cryptographic controls, and service availability.
AKATI Sekurity provides independent, third-party compliance reviews against the full scope of RMiT — from board governance through to SOC operations, VAPT, cloud risk management, and external party assurance. We identify gaps, prioritise remediation, and prepare your institution for BNM scrutiny.
Applicable Financial Institutions
RMiT applies to all financial institutions regulated by BNM. The scope, intensity, and specific paragraph applicability vary by institution type and complexity.
11 Compliance Domains
RMiT spans 11 core compliance domains — each with mandatory "S" standards enforceable by BNM. Click any domain to explore the key requirements AKATI Sekurity assesses during an independent compliance review.
- Board must approve technology risk appetite aligned with enterprise risk appetite statement
- Designated board-level committee with at least one member with technology competencies
- Board must participate in cybersecurity awareness and training programmes
- BAC responsible for technology audit effectiveness and competence of audit staff
- Senior management must establish cross-functional committee for technology oversight
- Crisis management plan must provide for timely escalation considering customer impact
- TRMF must be integral part of enterprise risk management framework
- Designated CISO must be independent from day-to-day technology operations
- CISO must have requisite technical skills, audit/governance expertise, and certifications
- Risk classification of all information assets and systems based on criticality
- Scenario analysis to strengthen readiness to resume critical systems under severe conditions
- Independent enterprise-wide technology risk management function required
- Cryptography policy must address post-quantum readiness and annual review of all algorithms
- Critical systems: max 4 hours cumulative unplanned downtime per rolling 12 months
- Stand-in processing arrangement required by 30 September 2027 for digital services
- Service availability disclosure on quarterly basis from 15 October 2027
- Cloud adoption: comprehensive risk assessment per para 10.50 and Appendix 10
- Multi-factor authentication for critical systems must defend against social engineering
- Network device logs and user activity logs retained for at least three years
- CRF must support Identify, Protect, Detect, Respond, and Recover (IPDRR) across all systems
- Red team simulation attack on infrastructure at least once every three years
- SOC must operate 24x7 with competent resources and proactive monitoring tools
- Annual cyber drill exercise involving board, senior management, and third-party providers
- NCII-designated entities must comply with NACSA requirements and additional directives
- Cyber threat intelligence must include dark web monitoring and misinformation detection
- MFA for financial transactions must be resistant to phishing — OTP from customer device, not server
- Secure device binding: default one device per account holder for authentication
- Fraud detection must operate in real-time with behavioural analytics per Appendix 11
- Kill switch and 24/7 contact centre for customers to report and suspend accounts
- Cryptographic key-based authentication (e.g. passwordless) must be offered as alternative
- Default transfer limit for new customers set conservatively low (e.g. RM1,000/day)
- Dedicated technology audit resources with specialised competencies and certifications
- Annual review of technology audit plan covering critical services and third-party providers
- Must include post-implementation review of new or material technology enhancements
- Coverage of delayed or prematurely terminated critical technology projects
- DCRA by external provider at least once every three years or upon material data centre changes
- NRA by external provider at least once every three years or upon material network changes
- Both assessments must be deliberated by the designated board-level technology committee
- AKATI Sekurity is qualified to deliver both DCRA and NRA assessments
- Annual cybersecurity awareness education for all staff reflecting evolving threats
- Continuous training for technology, cybersecurity, and risk management staff
- Board members must receive regular training on technology developments
- Third-party service providers to be included in relevant training programmes
- Cloud risk management framework integrated into ERM, TRMF, and CRF
- Shared responsibility model clearly defined for each cloud service model (SaaS/PaaS/IaaS)
- Zero-trust architecture with micro-segmentation and deny-by-default for cloud
- Financial institution must retain ownership and control of encryption keys
- Exit strategy must be developed during planning phase with multi-cloud options
- First-time public cloud adoption for critical systems requires BNM consultation
- Customer risk profiles based on demographics, geography, transaction, and behavioural patterns
- Real-time detection and blocking of suspicious transactions based on individual profiles
- Contact affected customers within 30 minutes of blocking suspicious transactions
- Higher risk scoring for vulnerable customers (seniors, previous fraud victims)
- Detect AI-powered account takeover attempts defeating authentication controls
- Fraud management playbook validated at least annually against emerging modus operandi
Compliance Timeline
RMiT introduces specific implementation deadlines. Missing these dates puts your institution at risk of enforcement action.
How We Help You Comply
AKATI Sekurity delivers the independent assessments, testing, and advisory services that financial institutions need to demonstrate compliance with RMiT's mandatory standards.
Data Centre Resilience Assessment
Independent DCRA covering resilience, redundancy, physical security, and business recovery objectives as required by para 14.1 — at least once every three years.
Network Resilience Assessment
Independent NRA covering network design, redundancy, segmentation, and security controls as required by para 14.2 — at least once every three years.
VAPT & Red Team Exercises
Quarterly vulnerability assessments, annual intelligence-led penetration testing, and triennial red team simulation attacks per para 11.6 and Appendix 5.
RMiT Gap Analysis
Comprehensive assessment of existing practices against all RMiT requirements, with prioritised action plan and timeline for the 90-day BNM submission.
24/7 SOC & Managed Security
Security Operations Centre with SIEM, threat hunting, vulnerability management, and incident coordination per Appendix 5 Part C requirements.
Cloud & Third-Party Risk Advisory
Cloud risk assessment per para 10.50 and Appendix 10. Third-party service provider due diligence and continuous monitoring framework design.
Independent. Qualified. Trusted.
RMiT requires technically competent external providers for critical assessments. AKATI Sekurity meets every qualification standard — with deep experience across Malaysia's regulated financial sector.
Technically Competent
QSA, ASV, CREST-approved, and ISO 27001 certified — meeting RMiT's requirements for external party competence and accreditation.
Full RMiT Coverage
From DCRA and NRA through VAPT, red team, SOC, cloud advisory, and gap analysis — every domain under one engagement partner.
Financial Sector Experience
Deep experience with banks, insurers, takaful operators, payment systems, and e-money issuers across Malaysia and the region.
Actionable Reporting
Every finding mapped to specific RMiT paragraphs with practical remediation steps — not vague recommendations. BNM-ready documentation.
Secure Your RMiT Compliance
The 90-day clock is ticking. Whether you need a full gap analysis, external assurance assessments, or ongoing SOC services, AKATI Sekurity is ready to support your institution's compliance journey.