Banks need to build resilience against cyber threat: DFS Secretary

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Financial Services Secretary M Nagaraju urged banks to strengthen cybersecurity measures amidst rising cyber threats. The 'Code Against Malware' hackathon, a collaboration between DFS, IBA, IIT Kanpur, and PNB, challenged students to develop endpoint security solutions using AI and behavioral analysis. PNB's MD and CEO, Ashok Chandra, emphasized the bank's dedication to innovation and industry-academia collaboration.