New Cybersecurity Certification Courses Launched for GIFT IFSC Professionals

The National Institute of Securities Markets has introduced two certification courses focused on cybersecurity and cyber resilience for the GIFT International Financial Services Centre. Shri Sashi Krishnan, Director of NISM, and Shri K. Rajaraman, Chairperson of the International Financial Services Centres Authority, launched the programs alongside Dr. Praveen Trivedi, Executive Director of IFSCA, and the course design teams.

Course Details

The basic program, titled NISM-IFSCA-02A, covers fundamental security concepts including cyber threats, governance, risk management, security architecture, data protection, and emerging challenges like artificial intelligence and quantum computing. This basic exam consists of 50 one-mark questions with a duration of 60 minutes, a 50 percent passing mark, and no negative marking, and it launches on November 18 with a registration fee of 1,180 rupees and a two-year validity. The advanced program, titled NISM-IFSCA-02B, is built for officers and compliance personnel to strengthen governance, risk preparedness, and regulatory compliance through practical case studies. The advanced exam includes 80 multiple-choice questions and three case-based questions over two hours, with a 60 percent passing requirement, a 25 percent negative marking rule, and a launch date of December 30 at a fee of 2,950 rupees for a three-year validity.

Context

Financial hubs like the GIFT IFSC handle sensitive data and high-value transactions, making robust digital security measures essential for market stability. Specialized professional certifications help ensure that financial sector employees stay prepared against evolving digital threats and regulatory requirements.