Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs) In recent years, the increasing reliance on digital payment systems has brought forth new challenges in terms of cybersecurity and data protection. To address these concerns, the Reserve Bank of India (RBI) has introduced draft master directions on cyber resilience and digital payment…
India-Israel Sign Memorandum of Understanding (MOU) for Industrial Research and Development Cooperation India and Israel have signed a Memorandum of Understanding (MOU) to strengthen cooperation in the field of industrial research and development. The MOU was signed by the Indian Minister of Commerce and Industry, Piyush Goyal, and his Israeli counterpart, Orna Barbivai, during a…
RBI’s Data Centre and Cybersecurity Training Institute to Come Up in Bhubaneswar The Reserve Bank of India (RBI) has announced plans to establish a new data centre and cybersecurity training institute in Bhubaneswar, Odisha. The proposed centre is expected to enhance the RBI’s ability to store and manage data, as well as bolster its cybersecurity…
Data Privacy Day Observed on 28th January 2023 Data Privacy Day was observed on 28th January 2023 to create awareness about the importance of safeguarding data privacy. The day aims to highlight the need to protect individuals’ personal information, which has become increasingly vulnerable to cyberattacks. With the growing dependence on digital platforms, the risk…
