Archive · 15 Jun 2025
MSC Bank Launches Cyber-Security Operations Center
MSC Bank has created a special security center called Sahakar Suraksha to protect cooperative banks from cyber threats.
This center uses AI to watch for suspicious activity around the clock and alert banks if they detect a problem.
It's like having a security system for computers.
The center is free for banks to use, and it's designed to help protect against cyber fraud that has caused financial losses.
They also offer training to help staff be aware and prepared for online threats.
MSC Bank launched India's first cyber-security operations center (C-SOC), Sahakar Suraksha, in Vashi, Navi Mumbai.
The C-SOC, costing ₹50 crore, aims to protect cooperative banks from rising cyber threats.
Services, including 24/7 surveillance, will be provided free of charge to 31 district central cooperative banks in Maharashtra.
The AI-driven platform detects real-time cyber threats, issuing immediate alerts.
The center helped avert a major cyber breach at a cooperative bank in Sindhudurg.
- Who
- Maharashtra State Cooperative Bank (MSC Bank).
- What
- MSC Bank established the first cyber-security operations center (C-SOC) in India.
- When
- The C-SOC was inaugurated on Friday.
- Where
- The facility is located in Vashi, Navi Mumbai, Maharashtra.
- Why
- To protect cooperative banks and their customers from cyber fraud and increasing cyber threats.
- Bank
- Maharashtra State Cooperative Bank (MSC Bank)
- Facility Name
- Sahakar Suraksha
- Location
- Vashi, Navi Mumbai
- Cost
- ₹50 crore
- Purpose
- Cybersecurity for cooperative banks
- Services
- 24/7 surveillance and protection
- Beneficiaries
- 31 district central cooperative banks in Maharashtra
