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Finance Minister Calls for Stronger Cybersecurity in Banks

Finance Minister Calls for Stronger Cybersecurity in Banks

Finance Minister Nirmala Sitharaman recently urged banks and insurance officials to strengthen their cybersecurity measures to protect against potential cyber attacks. In a crucial meeting, she emphasized the need for regular audits of digital systems and real-time reporting of any cyber incidents. With rising tensions between India and Pakistan, she highlighted the importance of maintaining uninterrupted banking services for citizens, especially in border areas. Banks were also directed to ensure cash availability at ATMs and smooth online banking operations. Sitharaman assured that safety protocols for bank employees in sensitive regions are prioritized, and mock drills for disaster recovery have been implemented.

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