Govt plans cyber security system for financial sector

“The combination of a sudden pandemic, quarantine and unconventional work from home situations has exacerbated this security threat,” said GV Anand Bhushan, partner at law firm Shardul Amarchand Mangaldas & Co.
“India was ranked 23rd in the UN Cyber Security Index amongst 165 nations. We need to view India as a ‘maturing’ and ‘evolving’ category of countries which are continually trying to improve cyber security measures,” he added.
Bhushan described CERT-Fin as a grand vision. Unfortunately, till date there has been no budgetary allocation for setting up such a body, he said, adding that it was however clear that CERT-In alone would not be able to meet the emerging challenges in the space.

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