PM Modi warns of cyber terrorism, declares 'wars today aren’t fought with weapons alone' at RBI Cyber Institute inauguration
· Technology · Indian Express, Hindustan Times
Prime Minister Narendra Modi inaugurated the RBI Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha, warning that modern wars are fought not only with weapons but by attacking economies. He emphasised the need to protect India's banking system and digital infrastructure from cyber terrorists and emerging threats as the digital payments ecosystem expands. Modi stated the past decade focused on extending banking access to the deprived, while the coming decade must make banking efficient and trustworthy through robust data centres and powerful computing systems. He targeted the Congress's past banking policies, alleging they pushed the system to the brink of collapse and led to a mounting non-performing assets crisis, contrasting it with the 'phone banking' era before 2014. The prime minister stressed that the nature of cyber threats is evolving rapidly and cannot be tackled with outdated systems, traditional training methods and old tools. He asserted that modern inf
Why it matters
The warning directly impacts India's banking sector and digital payment users, as safeguarding financial infrastructure against cyber threats becomes critical for maintaining trust in the economy. The establishment of the Cybersecurity Training Institute aims to build a skilled workforce to counter evolving threats.
Read the original report — Indian Express
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