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

ACSC assumes control of key cybersecurity agency
  Both agencies fall under the wider Australian Signals Directorate (ASD) umbrella agency.  The... Read More
Going local: Defence Innovation Hub awards key contracts to Australian businesses
  Three local manufacturers will be contracted to deliver specialist military hardware to the... Read More
Govt backs blockchain tech to support Govpass scheme websites
A publication from the DTA reveals an estimated 2.8 million transactions will be moved online as... Read More
Small Business Taskforce submits digital readiness report, reveals ongoing ‘cybersecurity concerns’
  In light of its findings, the Taskforce has recommended the establishment of an independent body... Read More

Comments