India and the US inked a pact on cybersecurity to intensify information exchange on threats to computers and networks and initiate joint work on technologies against cyber-attacks. The two countries also plan to develop a software platform to make available non-sensitive government data to the public and to award $3 million each year to entrepreneurial projects that commercialise technologies to improve health. India already has cybersecurity pacts, primarily for the exchange of information, with Japan and Korea and is planning to develop one with Finland. The latest monthly security bulletin from India’s CERT says 151 computer security-related incidents were reported during May 2011.
Source: https://thehackernews.com/2011/07/india-us-sign-cyber-shield-deal.html