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  Authors

Dr. Pawan Kumar Maurya

  Keywords

Cyber Security, Indian Banking, Challenges & Strategies, Resilience

  Abstract


The banking industry in India, crucial to the country's economic growth and stability, is experiencing a radical digital revolution, ushering in a new era of customer-friendly service. However, several new cybersecurity challenges have emerged as a result of this shift. This study digs into the core areas of cybersecurity in Indian banking, with a primary focus on identifying the primary difficulties, evaluating the solutions in place, and providing recommendations to strengthen the cybersecurity resilience of the sector. In the context of Indian banking, the importance of cybersecurity cannot be emphasized. Beyond just keeping money safe, it also ensures that personal information is kept private. Cybercriminals are drawn to the industry because of the volume of valuable financial data it stores. There is a great deal riding on customers' ability to trust digital transactions while using financial services. The study aims to shed light on the most pressing issues in banking sector cybersecurity in India. Constant attention is required due to the ever-changing nature of cyber threats. Indian banks have taken a number of proactive measures in response to these threats. The article finishes with some suggestions for strengthening Indian financial institutions' resistance to cyberattacks. The suggestions include doing things like updating old systems, creating a mindset that values cybersecurity, using strong encryption for data, joining joint efforts, and educating the public. The study highlights the essential role of Indian banks in maintaining financial assets, consumer trust, and data integrity. Increasing cybersecurity resilience is an ongoing process that calls for constant teamwork, attention, and dedication to safety in this digital age marked by a constantly shifting cyber threat scenario.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2311125

  Paper ID - 246031

  Author type - Indian Author

  Page Number(s) - b54-b58

  Pubished in - Volume 11 | Issue 11 | November 2023

  DOI (Digital Object Identifier) -   

  No Of Downloads - 131

  Author Country - India, 226002, Lucknow, Lucknow, 226002, Commerce and Management, MBA All Branch

  Publisher Name - IJPUBLICATION | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Published Paper PDF : - http://www.ijcrt.org/papers/IJCRT2311125

  Published Paper URL: : - http://ijcrt.org/viewfull.php?&p_id=IJCRT2311125

  Published Paper PDF Downlaod: - download.php?file=IJCRT2311125

  Cite this article

Dr. Pawan Kumar Maurya,   "Enhancing Cybersecurity Resilience in Indian Banking: Challenges and Strategies", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 11, pp.b54-b58, November 2023, Available at :http://www.ijcrt.org/papers/IJCRT2311125.pdf

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