The Ministry of Electronics and IT (MeitY) announced the IT resources of ICICI Bank, HDFC Bank and UPI managing entity NPCI as critical infrastructure under Section 70 of the IT Act, 2000.
- It implies that any harm to them can have an impact on national security and any unauthorised person accessing these resources may be jailed for up to 10 years.
- The Ministry of Electronics and IT (MeitY), in the notification dated June 16, declared the IT resources of ICICI Bank as critical infrastructure under Section 70 of the IT Act, 2000.
- Meity identified IT resources of HDFC bank and UPI controlling organisation National Payments Corporation of India (NPCI) as critical infrastructure in two other notifications.
About critical information infrastructure
- The Act defines ‘critical information infrastructure’ as a computer resource whose inefficiency or loss has a devastating impact on national security, the economy, public health, or safety.
- According to the Act, anybody who secures or attempts to secure access to a protected system in violation of the requirements will face imprisonment for a term of up to ten years as well as a penalty.
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