The National Stock Exchange of India Ltd. (NSE), India’s leading Stock exchange, has signed a Memorandum of Understanding (MoU) with IIT Kanpur, one of the premier technology institute’s in the country, to work together on industry-leading Cyber Security solutions and practices.
The NSE-IIT Kanpur partnership aims to develop and create an environment to not only negotiate and deal with the current and future cyber security challenges in the Indian financial and capital markets eco-system, but also to develop tools to further strengthen the cyber security framework. Vikram Limaye, MD & CEO, NSE commented, “This partnership will significantly bolster our established cyber security practices and defense strategies. This collaboration will also contribute immensely to the capital market ecosystem and assist our members in adopting best in class industry practices.”
IIT Kanpur has established a C3I Center (Cyber Security and Cyber Defense of Critical Infrastructures) funded by the Science and Engineering Research Board, Department of Science and Technology, Govt. of India. The center is engaged in research on cyber security and cyber defense of critical infrastructure including financial market infrastructures in the country.