N Sitharaman Asks Banks To Ensure Uninterrupted Services Amid India-Pak Tensions

N Sitharaman Asks Banks To Ensure Uninterrupted Services Amid India-Pak Tensions

Finance Minister Nirmala Sitharaman on Friday asked banks to remain vigilant and take all steps to ensure uninterrupted services to customers in view of heightened military conflict between India and Pakistan.

Nirmala Sitharama asks banks to stay on alert amid rising Indo-Pak tensions

The directive comes a day after India successfully intercepted multiple missile and drone attacks launched from Pakistan late on May 8. While India reported no major damage, the government has since asked all critical institutions to bolster their cybersecurity infrastructure in anticipation of potential retaliatory attacks.

Achieving High Availability and Fault Tolerance in Distributed Financial Systems

In today’s hyper-digital financial landscape, moments of downtime can cascade into catastrophic losses. Krishna Chaitanya Saride, a distinguished technologist and academic, contributes a detailed exploration of the systems and innovations ensuring uninterrupted financial services. With a background steeped in research and engineering, he articulates how institutions can build infrastructure designed for resilience, agility, and trust. […] The po…

Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

Sitharaman gave banks instructions to keep offering smooth services to customers, even in isolated locations, in cooperation with authorities and security firms as needed. Finance Minister Nirmala Sitharaman received assurances from Indian banks and insurance companies on Friday that they are prepared to stop any cyberattacks by Pakistani outfitted DDoS. Distributed denial-of-service) systems. “Mock drills covering cybersecurity and disaster rec…

Finance Ministry’s strict instructions regarding ATM-UPI, RBI and banks will have to complete these tasks immediately - Business League

In view of the tension between India and Pakistan after Operation Sindoor, Finance Minister Nirmala Sitharaman has instructed RBI and NPCI to strengthen cyber security. Since Operation Sindoor, the situation between India and Pakistan is tense. Keeping this in mind, Finance Minister Nirmala Sitharaman has given strict instructions to RBI and NPCI. While reviewing banking operations and cyber security, she has asked the banks to be vigilant. Apar…

Tech: Minister apprised of cybersecurity measures

Banks told to remain alert to deal with any eventuality or crisis Cybersecurity measures have been reinforced throughout the banking system and Anti-DDoS (Distributed Denial-of-Service) systems have been implemented by banks to protect against massive cyber-attacks, heads of banks and financial institutions have apprised Finance and Corporate Affairs Minister Nirmala Sitharaman. “To guarantee institutional readiness, […] Source