Dhaka, Feb. 28 -- A security bulwark is being built around Bangladesh's burgeoning digital activity under a Tk 6.7-billion project to ensure cybersecurity against threats, hacks and heists, officials say.

The Information and Communication Technology Division (ICTD) under the Ministry of Posts, Telecommunications and Information Technology has initiated the project to bolster national cybersecurity infrastructure, they say.

The ICTD recently submitted a Preliminary Development Project Proposal (PDPP) to the Planning Commission for policy approval to secure support from the Asian Development Bank (ADB) for conducting a feasibility study and to mobilise $55 million in project financing.

The National Cyber Security Agency (NCSA) will imple...