Centre mulls review of IT Act to strengthen cyber security
- The government is mulling to review the over 15-year old Information Technology (IT) Act to strengthen the cyber security infrastructure, following the push for digital payments post demonetisation.
- The IT Act came out in 2000. Now, as we move towards digital economy, there is review if there is a need to re-look at the IT Act architecture to make it more of a deterrent for cyber criminals.
- A “closed group”, under IT Secretary Aruna Sundarajan, has been set up look into various aspects of the Act in line with the changing times and reinforce the IT architecture.
- The Ministry of Electronics and IT (MeitY), which will issue advisories to all digital payment agencies, including banks and e-wallets providers, “to harden security walls”, has set up a separate ‘digital payments’ division under CERT-In — its cyber security arm — to monitor and strengthen cashless transactions.
- To strengthen cyber security, the ministry of electronics and information technology (IT) had recently approved 26 new posts in Indian Computer Emergency Response Team (CERT-In) and five state CERTs.
- Banks should set up an easy to access helpline dedicated for resolution of issues pertaining to digital payment transactions.