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Home»Business»India-Pakistan tensions: Nirmala Sitharaman to chair meeting with banks, financial institutions on cyber readiness | Business News
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India-Pakistan tensions: Nirmala Sitharaman to chair meeting with banks, financial institutions on cyber readiness | Business News

May 9, 2025No Comments4 Mins Read
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Nirmala Sitharaman cyber readiness
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Finance Minister Nirmala Sitharaman will chair a overview assembly on cybersecurity preparedness of banks and monetary establishments on Friday night, amid heightened issues that the nation’s important infrastructure could possibly be hit by cyber assaults amid the continued tensions between India and Pakistan.

Representatives from numerous private and non-private banks, the Reserve Financial institution of India (RBI), Nationwide Funds Company of India (NPCI), NSE, BSE, and the Indian Pc Emergency Response Group (Cert-In), amongst others are anticipated to attend the assembly. Cert-In has been coordinating with numerous important sector entities to make sure their cybersecurity preparedness.

The event comes because the Pakistan Armed Forces launched a number of assaults utilizing drones and different munitions alongside your entire Western Border of India on Thursday night time whereas additionally resorting to quite a few ceasefire hearth violations (CFVs) alongside the Line of Management in Jammu and Kashmir. The Indian Military stated that the “drone assaults had been successfully repulsed and befitting reply was given to the CFVs”. The Pakistani escalation got here a day after India carried out focused strikes on 9 websites in Pakistan and PoK.

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On Might 7, The Indian Specific had reported that following ‘Operation Sindoor,’ companies and organisations that are in command of India’s important infrastructure, such because the Energy Ministry, monetary establishments together with banks, and telecom operators had been requested to be on “excessive alert” after having confronted plenty of cyber assaults following the Pahalgam terror assault final month.

“There have been some DDoS assaults on some infrastructure, however we now have contained them. Now we’re on excessive alert as a result of such makes an attempt will definitely be made,” a senior authorities official had stated earlier. A DDoS (Distributed Denial of Service) assault is a cyberattack the place an attacker overwhelms an internet site, server, or community with malicious visitors from a number of sources, making it sluggish or inaccessible to professional customers.

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The Indian Specific had reported on Wednesday that quickly after information about Operation Sindoor broke, social media platforms akin to X had been flooded with misinformation associated to India’s strikes on 9 websites in Pakistan and Pakistan-occupied Kashmir (PoK). The ministries of IT and Data and Broadcasting sprung into motion and determined that the federal government will dip into its authorized powers of blocking any content material or account they really feel is propagating misinformation associated to the strikes.

On Thursday, social media platform X stated that it obtained govt orders from the Indian authorities requiring the corporate to dam over 8,000 accounts in India, together with these belonging to “worldwide information organisations and distinguished X customers”. It stated that falling foul of the chief orders may topic the corporate to potential penalties together with important fines and imprisonment of its native staff.

indianexpress


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Soumyarendra Barik is Particular Correspondent with The Indian Specific and experiences on the intersection of know-how, coverage and society. With over 5 years of newsroom expertise, he has reported on problems with gig employees’ rights, privateness, India’s prevalent digital divide and a spread of different coverage interventions that influence massive tech corporations. He as soon as additionally tailed a meals supply employee for over 12 hours to quantify the amount of cash they make, and the ache they undergo whereas doing so. In his free time, he likes to nerd about watches, System 1 and soccer. … Learn Extra

Aanchal Magazine


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Aanchal Journal is Senior Assistant Editor with The Indian Specific and experiences on the macro economic system and monetary coverage, with a particular deal with financial science, labour developments, taxation and income metrics. With over 13 years of newsroom expertise, she has additionally reported intimately on macroeconomic information akin to developments and coverage actions associated to inflation, GDP development and monetary arithmetic. within the historical past of her homeland, Kashmir, she likes to examine its tradition and custom in her spare time, together with making an attempt to map the journeys of displacement from there.

  … Learn Extra

© The Indian Specific Pvt Ltd



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