%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(10).png "MeitY Launched 1st Digital Threat Report 2024 to Support Cyber Security in BFSI Sector")
- This initiative, led by the Ministry of Electronics and Information Technology (MeitY), CERT-In, CSIRT-Fin, and global cybersecurity firm SISA, addresses the growing risks in the BFSI ecosystem.
- Unified Cybersecurity Framework: The report identifies sector-wide security gaps and provides strategies to mitigate emerging cyber threats.
- Focus on AI-Driven Risks: It emphasizes countering sophisticated attacks, including those powered by artificial intelligence.
- Economic Importance: With digital payments projected to reach $3.1 trillion by 2028, the report underscores the critical need for robust defenses to ensure financial stability.
- Collaborative Approach: It advocates for intelligence-sharing and coordinated efforts among stakeholders to tackle systemic risks.
Question:
Q.1 Which organization led the launch of India's first-ever Digital Threat Report 2024?a) Reserve Bank of India (RBI)
b) Ministry of Electronics and Information Technology (MeitY)
c) National Cyber Coordination Centre (NCCC)
d) National Payments Corporation of India (NPCI)
Answer: b) The report was launched under the leadership of Ministry of Electronics and Information Technology (MeitY), CERT-In, CSIRT-Fin, and global cybersecurity firm SISA, addresses the growing risks in the BFSI ecosystem.
