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National Cyber Security Coordinator of India to Address IAMAI’s Pursuit 2021

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National Cyber Security Coordinator of India to Address IAMAI’s Pursuit  2021  

New Delhi, 06 July: Lt General (Dr) Rajesh Pant, the National Cyber Security Coordinator of India,  would be addressing Pursuit 2021, a conference to technologically reduce online financial frauds. Pursuit  2021 is being organised by the Internet and Mobile Association of India (IAMAI) and is likely to be  attended by 2000 delegates. 

The Covid-19 pandemic has led to a sharp rise in cybercrimes. A recent assessment of the impact of  Covid-19 on cybercrime has shown a significant target shift from individuals and small businesses to  major corporations, governments and critical infrastructure. The two-day virtual conference will  deliberate upon issues pertaining to cybercrimes and emerging technologies leveraged by regulators and  enforcement agencies to have an edge over the cyber criminals. 

Speaking on the rising number of cybercrimes, India’s First Cyber Security Coordinator  Dr Gulshan Rai, who is also a speaker at the event, said: “With penetration of digitalisation, application of  technology and use of digital platforms for online applications in our day-to-day life, the misuse of  technology has also increased. Adversaries are exploiting glitches in the technology particularly software  and stealing data and vital information relating to financial transactions which an individual performs through computing devices. The information so gathered is monetised. Attacks in the financial sector  have increased more than 2,000 times during the pandemic period.”  

Cybercrimes have turned out to be one of the most challenging aspects for the Indian financial sector today. With a rise in the number of such crimes, the industry stakeholders are increasingly leveraging  various technologies to keep certain threats at bay. Technology is helping in the prevention of financial  crime all across the world. Artificial Intelligence (AI), Machine Learning (ML) and Data Analytics are at  various stages of technology evolution and are being applied to safeguard infrastructure. 

The virtual conference will provide attendees an opportunity to directly hear from the Regulators,  Enforcement Agencies, Industry experts, CXO of Large Financial Institutions and heads of tech  companies, founders of Regtech startups, etc, on their perspective and how they are contributing towards  the fight against cybercrimes. 

Few of the interesting topics covered are – New Fraud Trends and Cybercrime Threats, Financial Crime  Risks During Covid-19, Digital Solutions to Address Financial Frauds and Market Abuse, Due Diligence  in the Era of Digital KYC & Consumer Awareness, Striking the Balance Between Privacy Law and  Financial Crime, Cybersecurity Laws and Compliance Regulations – ASEAN Perspective, Building Cyber  Resilience. 

The event will see over 50 sessions and workshops and attendees will get a chance to meet a host of  Regtech and Compliance companies from India and overseas.  

Some of the eminent speakers at the event are — Shri Sanjay Kumar, Commissioner of Police, Kerala  Police; Dr Balsingh Rajput, Deputy Commissioner of Police, Technology and Crime Prevention, Mumbai  Police; Kiran Sivakumar, Superintendent of Police, Government of India; David Carlisle, Director of  Policy & Regulatory Affairs, Elliptic; Mona Zoet, Founder & CEO, RegPac Revolution. 

About IAMAI 

The Internet and Mobile Association of India [IAMAI] is a young and vibrant association with ambitions  of representing the entire gamut of digital businesses in India. It was established in 2004 by the leading  online publishers, and in the last 16 years has come to effectively address the challenges facing the digital  and online industry including mobile content and services, online publishing, mobile advertising, online  advertising, digital entertainment, ecommerce and mobile & digital payments among others. Sixteen years  after its establishment, the association is still the only professional industry body representing the online  industry in India. The association is registered under the Societies Act and is a recognized charity in  Maharashtra. With a membership of nearly 300 Indian and overseas companies, and with offices in Delhi and Mumbai the association is well placed to work towards charting a growth path for the digital industry  in India. 

Pandemic has brought in additional challenges, An INTERPOL assessment of the impact of COVID-19  on cybercrime has shown a significant target shift from individuals and small businesses to major  corporations, governments and critical infrastructure. A further increase in cybercrime is highly likely in  the near future. 

This two-day conference will provide attendees an opportunity to directly hear from the Regulators,  Enforcement Agencies, Industry experts, CXO of Larger Financial Institutions. 

The event will also have opportunities to host closed-door sessions. This first edition of “Pursuit” looks  forward to creating meaningful thought leadership content for combating financial crimes 

Pandemic has brought in additional challenges, An INTERPOL assessment of the impact of COVID-19  on cybercrime has shown a significant target shift from individuals and small businesses to major  corporations, governments and critical infrastructure. A further increase in cybercrime is highly likely in  the near future. 

This two-day conference will provide attendees an opportunity to directly hear from the Regulators,  Enforcement Agencies, Industry experts, CXO of Larger Financial Institutions. 

The event will also have opportunities to host closed-door sessions. This first edition of “Pursuit” looks  forward to creating meaningful thought leadership content for combating financial crimes.

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