RBI sets up panel to review cyber threats

The Reserve Bank announced setting up of the inter-disciplinary standing committee on cyber security to review the threats inherent in the existing and emerging technology.

The 11-member committee will also study adoption of various security standards and protocols, interface with stakeholders and suggest appropriate policy interventions to strengthen cyber security and resilience, the central bank said.

Going forward, the committee headed by Meena Hemchandra, Executive Director, RBI, can co-opt more experts and also operate through a framework of sub-committees to examine specific issues, it said.