India is considering a new strategy to strengthen cybersecurity amid allegations that Chinese intrusions could have hit operations at the National Stock Exchange (NSE) last month and disrupted power supply in Mumbai late last year.
The plan envisages coordinating responses across ministries, including Home, Information Technology, Defence and the National Critical Information Infrastructure Protection Centre in case of an attack and set audit procedures, former Lieutenant General Rajesh Pant, India’s National Cyber Security Coordinator said in an interview, reports Bloomberg. It will be approved by the cabinet committee on security headed by Prime Minister Narendra Modi.
On February 24, trading was shut for over four hours at the NSE due to a technical glitch. Stock market regulator SEBI will submit a detailed report after its technical advisory committee goes through the details, Finance Minister Nirmala Sitharaman has said.
The new cybersecurity strategy will set protocols for prevention and audit to secure the government’s critical and supercritical infrastructure, said Pant.