Mumbai: In a major step towards strengthening cybersecurity, the Maharashtra Cyber Cell is set to transform into the Cyber Security Corporation. Once the transition is complete, all corporate entities in Maharashtra will be required to undergo a mandatory annual cyber audit conducted by government-approved firms.

The audit will assess potential cyber threats, ensuring businesses implement advanced security measures. Companies failing to comply within the given timeframe will face a ₹25,000 fine per day. With rising cyber-attacks on corporate entities, this move aims to protect sensitive business data and prevent cyber fraud. The Maharashtra government’s initiative is expected to set a precedent for cybersecurity regulations nationwide.

The Maharashtra Cyber Cell, headquartered in Mahape, currently operates with 18 police inspectors, two Superintendents of Police (SPs), and around 12 personnel. Given the increased workload, the department has requested additional staff from the state government.

In a bid to enhance cybercrime investigation, the Maharashtra government recently inaugurated the Cybercrime Investigation Capacity Centre in Mahape, Navi Mumbai. This state-of-the-art facility aims to strengthen cyber policing, conduct corporate cyber audits, and tackle rising cyber threats.

The state cabinet approved the project last year, allocating a budget of ₹837 crore. With increasing corporate accountability, the Maharashtra Cyber Cell is now preparing to expand its workforce and enforce robust cybersecurity measures across industries.

However, cybersecurity expert Ritesh Bhatia raised concerns about the initiative, stating:
"Most corporates are governed by regulators, especially listed companies or those in the BFSI sector. The focus should be on assisting individuals facing cyber fraud rather than auditing companies. Corporate cybersecurity audits require specialized skills, which the department may lack. CERT-In should step in to establish guidelines for unregulated sectors like manufacturing."