As the country moves towards a cashless economy, companies operating in the financial services domain will have to develop preventive control mechanisms and significantly invest in reactive capabilities to keep cyber attackers at bay, a study has suggested.
The PwC had issued a statement, rejecting the allegations. "We deny the allegations made. PwC has always complied and will continue to comply with applicable laws and regulations and any suggestion to the contrary is merely speculative."
The study, undertaken as part of Mumbai Urban Transport Project-2A, was tabled before Central and Western Railway, state government and state development agencies Thursday by Mumbai Rail Vikas Corporation.