The Management Development Institute (MDI), Gurgaon, has established a new Centre of Excellence on Digital Economy, Cryptocurrencies, and Cyber Security (DECCS) with the objective of fostering academic debate and advancing research in emerging technology domains.
The top B-School states that the Center’s mission is to explore the social, economic, organisational, managerial, and political ramifications of the digital economy. It will serve as a think tank on topics relating to the digital economy, cybersecurity, and cryptocurrency, with a focus on India.
“The timing is ideal for establishing DECCS because October is National Cybersecurity Awareness Month,” Lt Gen (Dr) Rajesh Pant, the Prime Minister’s National Cybersecurity Coordinator, said during the Centre’s virtual inauguration.
Pant stated during his presentation on the topic “Challenges for Cyber Security Post-Pandemic” that the Covid pandemic had flipped the security architecture on its head.
“The pandemic came as a radical uncertainty… There was no control and there was no information on the way it was going. The case study of India should be seen around the world as a classic whole of nation approach and the manner in which we invoked our National Disaster Management Authority Act of 2005,” he said.
Dark web monitoring, he added, has become a priority, as a large portion of cryptocurrency transactions occur on the dark web.