Centre forms inter-ministerial group for financial-sector cybersecurity strategy
India’s Centre has set up an inter-ministerial group to shape a financial cybersecurity strategy as AI-enabled fraud risks rise. The effort highlights IDPIC, an SBI- and Bank of Baroda-backed entity sharing real-time digital-payment fraud intelligence.
The Centre has formed an inter-ministerial group to develop a cybersecurity strategy for India’s financial sector amid AI-driven fraud risks. It also highlighted IDPIC, a 2025-incorporated SBI and Bank of Baroda-backed entity that shares real-time digital-payment fraud intelligence.
Why this matters
No related recent signals were supplied. The development places IDPIC at the intersection of public-sector cyber policy and real-time digital-payment fraud intelligence.
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