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Naharlagun, Dec 18: NABARD Regional Office, Arunachal Pradesh organised a one-day Workshop on Cyber Security today at Naharlagun, as part of its mandate of institutional development aimed at strengthening Regional Rural Banks and State Cooperative Banks and bringing them at par with Scheduled Commercial Banks. Officials from Arunachal Pradesh Rural Bank and Arunachal Pradesh State Cooperative Bank participated in the programme.
The workshop was inaugurated by Chief General Manager, Department of Supervision NABARD Head Office, who highlighted the importance of cyber security in the banking sector and shared real-life experiences from the cyber security domain.
In his keynote address, S. V. Ranga Rao, General Manager/OiC, NABARD Regional Office, Itanagar, highlighted how the transition from manual banking processes to technology-driven digital banking has transformed service delivery while simultaneously exposing banks to newer and more complex cyber security risks, underscoring the need for heightened vigilance and robust cyber risk management frameworks.
Technical sessions were conducted by experts from DOS CSITE NABARD Head Office, Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) and Indian Computer Emergency Response Team (CERT-In). The sessions covered cyber threat awareness, impact of cyber-attacks, fraud prevention measures, NABARD and RBI cyber security frameworks, CKYCR processes and national-level cyber incident response mechanisms.
The workshop helped enhance awareness and preparedness of bank officials in dealing with emerging cyber risks and regulatory expectations. The programme was found to be timely and useful in the context of increasing digitalisation of banking services.