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Need to firewall systems to counter cyber risks around GST

Goods and Services Tax - GST - Dated:- 19-6-2017 - New Delhi, Jun 18 (PTI) As the country is gearing up to usher in the Goods and Services Tax (GST) from next month, experts have cautioned that the government as well as firms should firewall their systems to deal with increasingly more complex cyber threats. Billed as the country's biggest taxation reform since independence, the Goods and Service Tax (GST) is expected to kick off from July 1. Experts opined there could be a rise in the numbe .....

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s need to modify their IT architecture with a focus on the GST. Hardening and security configurations of the systems that will be used in the end-to-end technology landscape will be required, he said. Ansh Bhargava, Senior Consultant, Taxmann.com, was of the view that since the GST Network (GSTN) will be recording the data of 8 million taxpayers each month, it is imperative that this sensitive financial information be safeguarded against malicious attacks or security breaches in every possible w .....

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