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CERT-In and Mastercard India Forge MoU to Enhance India’s Cyber Resilience

Published on June 22, 2024
Current Context: On 20th June 2024, CERT-In (Indian Computer Emergency Response Team) and Mastercard India have recently signed a Memorandum of Understanding (MoU) to collaborate on enhancing India’s cyber resilience in the financial sector in New Delhi.
CERT-In and Mastercard India Forge MoU to Enhance India’s Cyber Resilience in Financial Sector
  • Here are the key points:
    • Objective: The collaboration aims to strengthen financial sector cybersecurity incident response.
    • Areas of Focus:
      • Cybersecurity Incident Response: CERT-In and Mastercard will work together to improve incident response capabilities.
      • Capacity Building: They will conduct training programs and workshops to enhance cyber capacity and share best practices.
      • Threat Intelligence: The entities will exchange relevant cyber threat trends, technical information, and vulnerability reports specific to the financial sector.
      • Advanced Malware Analysis: They’ll collaborate on analyzing sophisticated malware threats.
    • Significance: This partnership contributes to securing India’s financial digital ecosystem, which has witnessed remarkable growth.

Question:

1 What is the main objective of the MoU signed between CERT-In and Mastercard India?

  • A) To promote digital payments in India
  • B) To strengthen financial sector cybersecurity incident response
  • C) To establish a new cyber security agency
  • D) To improve customer service in the financial sector
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