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Strengthening Financial Resilience: RBI’s New Data and Cyber Security Infrastructure in Bhubaneswar

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The Reserve Bank of India (RBI) is inaugurating a new data centre and a specialized cyber security training institute in Bhubaneswar to fortify the nation's digital financial architecture against emerging threats.

The establishment of a dedicated RBI data centre and a cyber security training institute in Bhubaneswar marks a critical milestone in India’s efforts to bolster its financial sector's resilience. As the Indian economy undergoes rapid digitalization—marked by the widespread adoption of Unified Payments Interface (UPI), Central Bank Digital Currency (CBDC), and real-time gross settlement systems—the surface area for potential cyber threats has expanded exponentially. This infrastructure upgrade is not merely a technological necessity but a strategic policy intervention to safeguard the stability of the national financial ecosystem. The new data centre is expected to enhance redundancy, disaster recovery capabilities, and data sovereignty, ensuring that critical financial information remains secure under the purview of the central bank. Complementing this, the cyber security training institute will focus on capacity building, addressing the acute shortage of specialized personnel trained to handle the nuances of financial sector cyber-forensics. By centralizing training and technological resources in a tier-2 city like Bhubaneswar, the RBI is also promoting a more distributed and robust institutional footprint, moving beyond traditional metropolitan hubs.

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