Indian Banks Bolster Cybersecurity and Security Measures Amid Rising Tensions with Pakistan
Banks and financial institutions implement 24-hour war rooms, enhance branch security, and restrict international access as India-Pakistan hostilities escalate.
Overview
- Punjab National Bank and other financial institutions have activated 24-hour cyber war rooms to defend against potential cyberattacks following India's missile strikes under Operation Sindoor.
- Banks have fortified security at branches near border areas and ensured the safety of staff in response to heightened risks of counterattacks.
- ATMs in border regions have been stocked with additional cash to prevent shortages for customers during the escalating tensions.
- Leading stock exchanges BSE and NSE have restricted international website access as a precautionary measure against cyber threats.
- The Indian military's Operation Sindoor targeted nine terror camps in Pakistan and Pakistan-occupied Kashmir, intensifying geopolitical and financial sector vigilance.