Law enforcement agencies in the country are backing RBI’s push towards data localisation by the payments industry, reported
The Economic Times.The data localisation will make it easier for agencies to track online transactions and check for any wrong doing, the report said.
It will also aid agencies in solving difficulties that they face when carrying out cross-border probes, the report added.
The security agencies have raised the issue of data localisation at the highest levels of the government several times over the past few years, senior government official aware of cyber security developments told the newspaper.
The development comes as RBI’s deadline to set up data centres in the country ends on October 15.
First Published: Oct 8, 2018 9:37 AM IST