Business

NPCI, IDRBT partner to secure digital payments

CityHilights

New Delhi

The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) have joined hands to boost the safety of India’s growing digital payment systems, including UPI. They signed an agreement to work together on improving cyber security and risk management.

This new partnership will focus on training people, spreading awareness, and building better systems to handle risks. NPCI’s CEO, Dilip Asbe, said the goal is to strengthen cyber resilience not only through technology but also by training people and preparing them to face challenges.

Special training programmes will be launched for experts in banking and cyber security. These will cover key areas like data privacy, cyber threats, and system strength. A new certification program approved by NPCI will help professionals learn the latest safety practices.

Dr. Deepak Kumar, Director of IDRBT, said the institute has always helped the banking sector adopt new technology. He added that this partnership will improve awareness and help create strong response systems.

IDRBT will also share its cyber threat intelligence service with NPCI and its partners. This tool will offer real-time updates on cyber threats, helping payment networks protect themselves better.

As more people use digital payment methods like UPI, it is important to ensure they are safe and secure. This new step by NPCI and IDRBT aims to protect users and make India’s digital economy stronger and safer for everyone.

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