Pension Fund and Regulatory Development Authority (PFRDA) has set up a standing committee to suggest steps to deal with cybersecurity challenges to protect the interest of subscribers.
“As a regulator of the pension sector and to safeguard the interest of pension subscribers, it is essential to keep an eye on the technological changes and cybersecurity challenges,” the regulator said 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.