Wednesday, 4 November 2026
Economy

India plans stringent digital locks to secure banking data

India is looking to strengthen the digital safeguards protecting sensitive banking information and transactions. The Bureau of Indian Standards plans to update the rules for protecting, storing and transferring encryption keys in line with the latest international norms

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India plans stringent digital locks to secure banking data

Dhirendra Kumar

India is looking to strengthen the digital safeguards protecting sensitive banking information and transactions. The Bureau of Indian Standards plans to update the rules for protecting, storing and transferring encryption keys in line with the latest international norms

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New Delhi: As cyber threats grow more sophisticated, India is looking to strengthen the digital safeguards protecting sensitive banking information and transactions. The Bureau of Indian Standards (BIS) plans to update the rules for protecting, storing and transferring encryption keys in line with the latest international norms, said two government officials in the know.

About the Author

Dhirendra Kumar

Dhirendra Kumar is a seasoned policy reporter with about 20 years of experience in deep, on-ground reporting across key economic and governance sectors. His work spans finance, public expenditure, disinvestment, public sector enterprises, textiles, trade, consumer affairs, and agriculture, with a strong focus on uncovering structural policy shifts and their real-world impact.<br><br>Kumar has been awarded the Chaudhary Charan Singh Award for Excellence in Journalism in Agricultural Research and Development, recognising his contribution to reporting on critical issues in the farm sector.

He has also been a recipient of a fellowship in international trade from the National Press Foundation, which has further strengthened his coverage of global trade dynamics and their implications for India.<br><br>Kumar is known for breaking complex policy developments into clear, accessible stories. His reporting focuses on uncovering under-reported trends, explaining policy shifts, and helping readers stay informed about developments that shape India’s economic landscape.

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Topics

#cyber threats#pwc survey#global digital trust insights 2026#indian businesses#cybersecurity budgets#cybersecurity

Source: Mint Economy

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