MHA red flags vulnerabilities, asks e-commerce companies to beef up cyber security
Amid an exponential increase in number of digital transactions post demonetization, the Ministry of Home Affairs has asked digital payment and e-commerce companies to beef up their cyber security. Deputy National Security Advisor Arvind Gupta had recently red-flagged the vulnerability of banking industry which has rapidly gone digital over the years. "Cyber security issues are now top of the national security agenda and such issues are given more importance than even the nuclear issues that used to top the international security agenda," Gupta had said. "Now, with India going towards less cash economy, major thrust for the government is to promote digital transactions, banking industry must make a robust infrastructure so that digital transactions are secured," the Deputy NSA had said.
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