SF Prep Notes

CERT-In, CSIRT-Fin and SISA launch Digital Threat Report 2024 for the BFSI sector

On 7 April 2025, the Digital Threat Report 2024 for the Banking, Financial Services and Insurance (BFSI) sector, prepared by CERT-In, CSIRT-Fin and cybersecurity company SISA, was launched in New Delhi.

Summary

To strengthen cybersecurity resilience in the Banking, Financial Services and Insurance (BFSI) sector, CERT-In (Ministry of Electronics and IT), CSIRT-Fin and SISA, a global cybersecurity company, collaborated to launch the Digital Threat Report 2024 for the BFSI sector. It was launched by M. Nagaraju, Secretary, Department of Financial Services, and S. Krishnan, Secretary, MeitY, along with Dr Sanjay Bahl, Director General, CERT-In, and Dharshan Shanthamurthy, Founder and CEO of SISA. The report integrates cyber intelligence from SISA's forensic investigations, CERT-In's cybersecurity oversight and CSIRT-Fin's financial-sector incident response expertise.

Key facts

Report
Digital Threat Report 2024 (BFSI sector)
Prepared by
CERT-In, CSIRT-Fin and SISA
Launched by
M. Nagaraju (Secretary, DFS) and S. Krishnan (Secretary, MeitY)
DG, CERT-In
Dr Sanjay Bahl

Practice MCQs 3 questions

Q1

The Digital Threat Report 2024 launched on 7 April 2025 by CERT-In, CSIRT-Fin and SISA focuses on which sector?

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Correct answer: D — Banking, Financial Services and Insurance (BFSI)

Banking, Financial Services and Insurance (BFSI); it aims to strengthen cybersecurity resilience in the sector.

Q2 Advanced

Consider the following statements about the Digital Threat Report 2024 for the BFSI sector: 1. It was prepared by CERT-In alone, without any private-sector partner. 2. It was launched by the Secretaries of the Department of Financial Services and the Ministry of Electronics and IT. Which of the statements given above is/are correct?

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Correct answer: B — 2 only

Only 2 is correct. The report was a collaboration of CERT-In, CSIRT-Fin and the cybersecurity company SISA; it was launched by M. Nagaraju (DFS) and S. Krishnan (MeitY).

Q3 Advanced

Who was the Director General of CERT-In at the launch of the Digital Threat Report 2024 in April 2025?

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Correct answer: C — Dr Sanjay Bahl

Dr Sanjay Bahl; S. Krishnan is Secretary, MeitY, M. Nagaraju is Secretary, DFS, and Dharshan Shanthamurthy is Founder and CEO of SISA.

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