Government asks banks to share IT breach info within 2 hrs

Image Source: Article

Image Source: Article

NEW DELHI: The government has sounded an alert with all the top banks, including State Bank of India, Punjab National Bank, ICICI and HDFC, and instructed them to inform about any breach in their IT systems within 120 minutes as the firewall against cyber hackers is strengthened in view of the large number of digital transactions.
Also, steps are being taken on an urgent basis to ensure that the vast amount of financial information - including confidential, personal, and financial data - is not leaked out by financial intermediaries for monetary gains, IT Secretary Aruna Sundarajan said.

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