Last week, the government released a report of the working group for setting up the Computer Emergency Response Team in Financial Sector (Cert-Fin) in the country. During the FY2017-18 Union Budget speech, the finance minister had proposed to establish a Cert-Fin. We tell you what it is and why it is important for you:
Cert-Fin will act as an umbrella Cert for the financial sector and report to Indian Computer Emergency Response Team (Cert-In) at the national level, in accordance with the information technology Act and rules. Cert-Fin will work closely with all financial-sector regulators and stakeholders on issues of cyber security.