NEW DELHI — The National Payments Corporation of India (NPCI) and the
Institute for Development and Research in Banking Technology (IDRBT) on
Thursday signed a memorandum of understanding (MoU) to work together on
strengthening cyber security and resilience in India’s fast-growing digital
payments ecosystem, including UPI.
This partnership aims to improve the overall safety of
digital transactions by focusing on training, awareness, and proactive risk
management.
Dilip Asbe, MD and CEO of NPCI, said that this
collaboration with IDRBT is a step towards enhancing cyber resilience not just
through technology, but also through people and preparedness.
“Strengthening cyber resilience is not just about
technology, but also about people and preparedness,” Asbe stated.
He emphasised that training, certifications, and shared
intelligence will play a key role in raising security standards.
Dr. Deepak Kumar, Director of IDRBT, said the institute
has always worked towards helping the banking and finance sector adopt
technology.
He added that this formal partnership will boost security
awareness and build strong response systems within the digital payments
ecosystem.
Under the MoU, both organisations will jointly offer
specialised training programmes for technology and cyber security professionals
in the banking and digital payments sectors.
These programmes will cover important areas such as cyber
security, data privacy, and system resiliency.
One of the key outcomes of the partnership will be the
launch of a new NPCI-certified payment security certification programme.
This certification will be tailored to meet the latest
industry requirements and regulatory expectations, helping professionals stay
updated with emerging threats and best practices.
Additionally, IDRBT will extend its cyber threat
intelligence service platform to NPCI and its partner organisations.
This service will provide real-time, contextual threat
intelligence to help prevent cyber-attacks and strengthen defence mechanisms
across the digital payment network.
This partnership comes at a time when India’s digital
payment platforms like UPI are seeing rapid growth and increased usage.
