HDFC Bank and Times Of India present 'Cyber Security Summit' to prevent cyber frauds in the financial sector

HDFC Bank , in partnership with The Times of India , will hold a Cyber Security Summit to address increasing cases of cyber fraud. The summit will be held at ITC Maurya in New Delhi on November 14, 2024.

This event marks the fifth year of HDFC Bank's participation in International Fraud Awareness Week. The summit will bring together experts, policymakers, and industry professionals to discuss cybersecurity, especially in finance.

"In today’s deeply interconnected digital world, cybersecurity has become an absolute necessity. With the Cybersecurity Summit, our goal is to provide individuals and businesses with critical insights and strategies to effectively safeguard their digital presence, enabling them to navigate the internet with safety and confidence," said Puneet Gupt, COO of Times Internet.

"Creating awareness is essential to combat this growing threat. Awareness coupled with self-vigilance will help build robust safeguards against fraudulent schemes," said Prashant Mehra, Group Head of Retail Portfolio Management and Fraud Control at HDFC Bank.

At the summit, HDFC Bank will announce a new system that connects its systems directly with the Cyber Crime Portal (1930). This will make it easier and faster for the bank to report cybercrime.

The summit also aims to educate individuals and businesses on protecting their digital information. HDFC Bank has been working to raise awareness about cybercrime through various initiatives. In the last financial year, it held over 17,000 workshops on cyber fraud awareness.

The bank has also launched campaigns like “Mooh Bandh Rakho” and “Vigil Aunty” to educate the public about identifying and avoiding online scams .