RBI to help banks block cybercrime threats

The Reserve Bank of India’s research wing would conduct a workshop to assist bank leaders to identify and manage cybercrime threats.

The Reserve Bank of India’s (RBI) Institute for Development and Research in Banking Technology (IDRBT) is hosting a four-day work shop focussing on empowering banks to manage cyber risks.

The workshop would see banks guided on the process of gathering and handling digital evidence, and developing cyber-resistant strategies within suitable legal frameworks.

The program follows a similar offering provided by the regulator last year, but has been relaunched to better suit India’s current financial state, including the South-East Asian nation’s problems with currency and demonetisation.

The IDRBT, headquartered in the capital of the southern Indian state of Telangana, was established in 1996 as the regulators official arm for the intersection of banking and technology across India.

 

 

 

Related Stories

Singapore to host second Fintech Festival
The Monetary Authority of Singapore (MAS), the Association of Banks in Singapore (ABS) and SingEx... Read More
ANZ has announced the implementation of a Scaled Agile approach to organise work within its Australian division and to respond to customer expectations with improved speed and efficiency.
ANZ debuts Scaled Agile approach for digital experience
ANZ is applying the leading Scaled Agile business approach used by companies including Google,... Read More
PwC has called on bank and business chief executives to consider Cybersecurity more seriously and better implement safeguarding practices.
Safeguarding against cybercrime no longer realistic
It is not possible to fully mitigate cyber-risks, and chief executives are placing their banks and... Read More
ANZ would become the first Australian bank to introduce voice biometrics on mobile devices to improve security and subsequently allow higher-value transactions.
ANZ reveals biometrics solution to increase security
Customers transferring a sum greater than $1000 through ANZ’s mobile apps will be able to use their... Read More

Comments