PFRDA sets up panel for advice on cyber safety

PFRDA sets up panel for advice on cyber safety

FPJ BureauUpdated: Wednesday, May 29, 2019, 06:56 AM IST
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New Delhi : Pension fund regulator PFRDA has set up a standing committee to suggest steps to deal with cyber security challenges with a view to protect the interest of subscribers.

The committee has been constituted by the Pension Fund and Regulatory Development Authority (PFRDA) to keep an eye on the technological changes.

“As a regulator of the pension sector and to safegurad the interest of pension subscribers, it is essential to keep an eye on the technological changes and cyber security challenges,” said the regulator while announcing its decision to set up the panel.

The committee on ‘Information Systems and Technology and Cyber Security’ will suggest steps to align PFRDA’s technology with best industry practices.

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