The speedy digitization of services and transactions have made cybersecurity a top priority for India's banking and government sectors. This study looks at these industries' cybersecurity issues and suggests ways to strengthen their defenses against online attacks. This paper emphasizes the urgent need for strong cybersecurity measures through a thorough review of the present landscape, regulatory framework, and case studies of recent cyber-attacks. India can preserve sensitive data, maintain national security, and increase confidence in its digital infrastructure by successfully tackling these issues