India, May 9 -- Indian banks and insurance firms on Friday assured finance minister Nirmala Sitharaman that they were prepared to thwart any cyber-attacks by Pakistani hackers, and fully-equipped with systems such as anti-DDoS (distributed denial-of-service).

Top executives of public sector and private banks and insurance companies who attended a meeting convened by Sitharaman on Friday, assured her that "mock drills have been held encompassing cybersecurity and disaster recovery scenarios at the highest levels."

The financial institutions (FIs) are vigilant and actively watching phishing attempts, they said.

Sitharaman directed banks to continue providing seamless services to people even in remote areas in coordination with regulators...