BitSave completes Cyber Security Audit mandated by FIU-IND from Grant Thornton
- 4 days ago
- 1 min read
Kochi, India, 5th March 2026
BitSave has completed the cyber security audit mandated for Virtual Digital Asset Service Providers under the circular issued by Financial Intelligence Unit – India (FIU-IND) dated 15 September 2025.
The independent review was conducted by Grant Thornton Bharat LLP and evaluated BitSave’s cyber security posture, operational controls, and incident reporting preparedness in line with the directions issued by Indian Computer Emergency Response Team.
The engagement included a detailed gap assessment, remediation planning, implementation review, and validation of security controls across 26 cyber security domains relevant to digital asset service providers. These covered areas such as incident monitoring, infrastructure security, access management, logging systems, and regulatory reporting procedures.
The assessment was conducted between November 2025 and February 2026 and concluded with confirmation of the implemented security and compliance measures.
“As the regulatory framework for digital assets continues to evolve in India, operating with strong cyber security and compliance standards is essential,” said Zakhil Suresh, Founder & CEO of BitSave. “Completing this audit is an important milestone in ensuring that BitSave remains aligned with the reporting, monitoring, and cyber security expectations applicable to Virtual Digital Asset Service Providers.”
For BitSave, the completion of this review forms part of its broader regulatory readiness efforts as India continues to formalise oversight of the digital asset sector. The platform remains committed to operating as a compliant and transparent platform within the current reporting and cyber security framework applicable to digital asset service providers.
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