Daijiworld Media Network - New Delhi
New Delhi, Jun 12: The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) signed a memorandum of understanding (MoU) on Thursday to collaborate on strengthening cybersecurity and resilience within India’s rapidly growing digital payments ecosystem, particularly platforms like UPI.
The partnership focuses on enhancing digital transaction safety by investing in training, awareness, and proactive risk management. NPCI’s MD and CEO, Dilip Asbe, emphasized that true cyber resilience is built not only through advanced technology but also through preparedness and skilled people. He noted that certifications, professional training, and intelligence sharing will be key pillars of this initiative.
IDRBT Director Dr. Deepak Kumar highlighted the institute’s longstanding commitment to helping the banking and finance sectors adopt and secure digital technologies. He added that the formal collaboration with NPCI would significantly boost awareness and preparedness across the ecosystem.
As part of the agreement, both organisations will offer specialized training for cybersecurity and technology professionals working in banking and digital payment sectors. These programmes will address core topics such as cybersecurity, data privacy, and system resilience.
A central outcome of the partnership will be the introduction of a new NPCI-certified payment security certification programme. Tailored to align with current industry needs and regulatory frameworks, the certification aims to keep professionals informed of emerging threats and best practices.
In addition, IDRBT will make its cyber threat intelligence service platform available to NPCI and its affiliates. This platform will deliver real-time and contextual intelligence to help identify and prevent cyber threats more effectively.
The collaboration comes at a crucial moment, as digital payment platforms in India continue to scale at an accelerated pace. With user adoption of services like UPI reaching record levels, the initiative seeks to ensure that this growth is underpinned by robust cybersecurity infrastructure and preparedness.