Maharashtra Cyber Corporation was formed to audit govt and Pvt. Firms’ preparedness for fraud
The Maharashtra government has transformed its Cyber Command Center into the Maharashtra Cyber Corporation to strengthen cybersecurity readiness. It will audit and guide government and private firms on cyber fraud prevention. On April 1, 2025, the Maharashtra government formally transformed its Maharashtra Cyber Command Center into a cyber corporation that will investigate the state’s overall readiness for cyber security. It will serve as a guide for public and commercial organizations, as well as government departments, on safe cyber practices and cyber security. At a cabinet meeting last month, the idea to turn the Maharashtra Cyber Police into a company was accepted. Maharashtra Cyber, which operated off of a floor at Cuffe Parade, received an upgrade last year when the state government invested Rs 838 crore and gave it the entire Mahape building in Navi Mumbai. An official added, “We will be guiding government and private companies in matters of cyber security. To make sure they don’t become victims of cyber fraud, this will be done. Private businesses will be subject to yearly audits and need to adhere to the security protocols established by the Corporation. According to the Government Resolution, the state government will own all of the corporation when it is formed under the Companies Act. The Corporation’s authorized share capital will be Rs 200 crore. The entire paid-up and subscribed share capital will come from the state government. This will cover the corporation’s first year’s necessary administrative costs, and any further administrative costs will be covered by the corporation’s revenue, the GR stated.