In view of the several hacking incidents in the country by the so-called hacker group ‘Legion’, the ministry of electronics and IT has ordered a series of measures including audit of the financial sector starting immediately with the National Payment Corporation of India (NPCI), review of the IT Act to make it stronger and setting up a crack team to respond to unusual incidents on a war footing. A digital payment section has been created in CERT-In, an agency which monitors the Internet traffic on a real time basis given the ongoing momentum in cashless payments in the country. Under the IT Act it is mandatory for all institutions to report a cyber  incident to CERT-In. India is going towards digital payments and we need to reinforce the entire architecture. Two major initiatives to curb cyber-crime – the BotNet Centre and the National Cyber Coordination Centre will also be expedited and are expected to come up before the end of this financial year.

(Economic Times)