The Reserve Bank of India is requiring that payment system operators store all their data domestically. Many security practitioners and payment companies in India have lauded the move, stating that the mandate could lead to quicker resolution of breach cases.
Despite early indications that India would not use technology from Chinese telecom giant Huawei in its program to build a 5G network, because of security concerns, many security experts now predict the government likely will reverse itself and allow the use of that technology to help hold down costs.
Retired Lt. Gen, Rajesh Pant apparently will be India's next national cybersecurity coordinator, government sources say. Dr. Gulshan Rai, India's first cybersecurity chief, confirms he'll be stepping down at the end of his four-year term.
In the wake of a cyberattack against BankIslami Pakistan, the State Bank of Pakistan, the nation's central bank, is asking all banks to step up their security efforts and make sure that security measures on all IT systems are continuously updated.
With the Cosmos bank attack still fresh in memory, some security experts are urging the Reserve Bank of India to take immediate steps to upgrade the security capabilities of banks. For example, they want banks to do away with user-based one-time passwords delivered via text messages.
Security leaders in India are sizing up a Ministry of Health and Family Welfare proposal to roll out a digital information security law for the healthcare sector that includes a breach notification requirement.
While there is little doubt about the potential use cases of blockchain technology in the information security space, many security practitioners have yet to fully understand its practical applicability in the right areas.
The defacing of the website of Jamia Millia Islamia, a public central university in Delhi, is the latest example of how academic websites in India are vulnerable to hackers. But the hacking incidents had a humorous twist that generated many comments on twitter.