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Key Points

The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) have joined forces to enhance digital payment security. Their collaboration focuses on comprehensive cybersecurity strategies, including specialized training programs and a new certification for payment security professionals. The partnership will leverage shared threat intelligence to protect digital payment platforms like UPI. This initiative comes at a critical time when digital payments in India are experiencing rapid growth and increasing complexity.

Key Points: NPCI and IDRBT Boost Digital Payment Security Collaboration

  • NPCI and IDRBT sign MoU to strengthen digital payment cybersecurity
  • Joint training programs for tech and security professionals
  • New payment security certification to be launched
  • Threat intelligence platform to be shared
2 min read

NPCI, IDRBT join hands to bolster security for digital payments

NPCI and IDRBT partner to enhance cybersecurity in digital payments through training, certification, and threat intelligence sharing.

"Strengthening cyber resilience is not just about technology, but also about people and preparedness - Dilip Asbe, NPCI MD & CEO"

New Delhi, June 12

The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) on Thursday signed a memorandum of understanding (MoU) to work together on strengthening cyber security and resilience in India’s fast-growing digital payments ecosystem, including UPI.

This partnership aims to improve the overall safety of digital transactions by focusing on training, awareness, and proactive risk management.

Dilip Asbe, MD and CEO of NPCI, said that this collaboration with IDRBT is a step towards enhancing cyber resilience not just through technology, but also through people and preparedness.

“Strengthening cyber resilience is not just about technology, but also about people and preparedness,” Asbe stated.

He emphasised that training, certifications, and shared intelligence will play a key role in raising security standards.

Dr. Deepak Kumar, Director of IDRBT, said the institute has always worked towards helping the banking and finance sector adopt technology.

He added that this formal partnership will boost security awareness and build strong response systems within the digital payments ecosystem.

Under the MoU, both organisations will jointly offer specialised training programmes for technology and cyber security professionals in the banking and digital payments sectors.

These programmes will cover important areas such as cyber security, data privacy, and system resiliency.

One of the key outcomes of the partnership will be the launch of a new NPCI-certified payment security certification programme.

This certification will be tailored to meet the latest industry requirements and regulatory expectations, helping professionals stay updated with emerging threats and best practices.

Additionally, IDRBT will extend its cyber threat intelligence service platform to NPCI and its partner organisations.

This service will provide real-time, contextual threat intelligence to help prevent cyber-attacks and strengthen defence mechanisms across the digital payment network.

This partnership comes at a time when India’s digital payment platforms like UPI are seeing rapid growth and increased usage.

- IANS

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Reader Comments

R
Rahul K.
Great initiative! With UPI becoming India's digital payment backbone, such security collaborations are much needed. Hope they also focus on educating small merchants about fraud prevention. 🇮🇳
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Priya M.
As someone who faced a UPI scam last month, I welcome this move. But will these trainings reach rural areas where digital literacy is low? Security measures should be inclusive for all Indians, not just urban users.
A
Arjun S.
Good step, but why only now? With so many UPI fraud cases reported daily, this partnership should have happened years ago. Better late than never though. Hope they implement things quickly.
S
Sunita T.
The certification program sounds promising! As a banking professional, I'm excited to upskill in payment security. More power to NPCI for taking concrete steps to protect our digital economy 👍
V
Vikram J.
While this is good news, I hope they don't make the security so complex that it becomes difficult for common people to use UPI. The beauty of our digital payments is their simplicity!
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Neha P.
Real-time threat intelligence is crucial! Many countries look up to India's UPI model. We must set global standards in security too. Proud of such public-private partnerships for nation building 💪

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