Networking giant Cisco will set up cyber security centres in Gurgaon and Pune to help monitor threats in real-time as well as train people, including government officials to combat these challenges.
The US-based company has inked a pact with CERT-In for strategic cyber security cooperation, which will focus on skilling and sharing of information and best practices to enhance awareness and digital security readiness.
"In light of rapidly evolving cyber tactics and shared risks in cyberspace, the need to work side-by-side with industry partners on pressing cyber challenges becomes increasingly important," Minister of Electronics and IT Ravi Shankar Prasad said.
He added that collaboration with Cisco will help enhance the security of India's digital infrastructure and speed up digitalisation of India.
"I am very happy to know they are setting up fund to ecnourage start-ups who are working in the field of cyber security. We are encouraging cyber payment in a big way. We all need to work together to plug the cyber security gaps in existence," he said.
Cisco president India and SAARC Dinesh Malkani said these efforts are part of company's $100 million investment commitment to India.
"These efforts are more important in the light of government's push towards digital transactions. By 2020, India's digital payments industry is expected to grow 10X to reach $500 billion," he said.
Cisco will launch a Security Operations Centre (SOC) in Pune to provide a broad range of services, including monitoring of threats and its end-to-end management for enterprise needs. It will be linked to other Cisco SOCs across the world.