New Delhi, June 12 (IANS) The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) on Thursday signed a memorandum of understanding (MoU) to work together on strengthening cyber security and resilience in India’s fast-growing digital payments ecosystem, including UPI.
This partnership aims to improve the overall safety of digital transactions by focusing on training, awareness, and proactive risk management.
Dilip Asbe, MD and CEO of NPCI, said that this collaboration with IDRBT is a step towards enhancing cyber resilience not just through technology, but also through people and preparedness.
“Strengthening cyber resilience is not just about technology, but also about people and preparedness,” Asbe stated.
He emphasised that training, certifications, and shared intelligence will play a key role in raising security standards.
Dr. Deepak Kumar, Director of IDRBT, said the institute has always worked towards helping the banking and finance sector adopt technology.
He added that this formal partnership will boost security awareness and build strong response systems within the digital payments ecosystem.
Under the MoU, both organisations will jointly offer specialised training programmes for technology and cyber security professionals in the banking and digital payments sectors.
These programmes will cover important areas such as cyber security, data privacy, and system resiliency.
One of the key outcomes of the partnership will be the launch of a new NPCI-certified payment security certification programme.
This certification will be tailored to meet the latest industry requirements and regulatory expectations, helping professionals stay updated with emerging threats and best practices.
Additionally, IDRBT will extend its cyber threat intelligence service platform to NPCI and its partner organisations.
This service will provide real-time, contextual threat intelligence to help prevent cyber-attacks and strengthen defence mechanisms across the digital payment network.
This partnership comes at a time when India’s digital payment platforms like UPI are seeing rapid growth and increased usage.
–IANS
pk/na
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
