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CYBER FINANCIAL THREATS
Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...- CoinDCX strengthens partnership with law enforcement; conducts crypto investigation training for Mira-Bhayander, Vasai-Virar PoliceCoinDCX successfully concluded a crypto investigation and VDA awareness program for police. The initiative aimed to strengthen awareness an...
- CrimeGPT comes knocking: Illegal AI services make cybercrimes cheaper and fasterIllegal AI services are making cybercrimes cheaper and faster. The threat is escalating as state actors and rogue networks weaponise fronti...
- South Korea's women web sleuths fight AI deepfake pornUnder banners emblazoned "Solidarity" and "We stand together with victims", a group of South Korean women digital detectives dredges the in...
- Reports on cybersecurity incident involving DRDO 'incorrect, unverified': OfficialA thorough investigation into the alleged breach has been carried out by the relevant agencies at the level of the Ministry of Defence, the...
- Supreme Court pushes Centre to define 'digital arrest' as standalone crime with tougher punishment amid rising deepfakes, frauds & fake callsSC on digital arrest: The Supreme Court suggested defining digital arrests as a standalone criminal offense. Existing laws may prove insuff...
- Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...
- Psychology says people who use only free version of antivirus aren't careless: What this choice may reveal?Psychology says people who use only free version of antivirus aren't always ignoring online safety. Their choice can reflect how they evalu...
- Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email showsThe regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information s...
- Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
- AI making phishing harder to spot even for the tech savvy: CERT-In chiefSanjay Bahl says AI has amplified existing cyber threats, underscoring the need for stronger cyber hygiene, continuous monitoring and regul...
- Govt eyes uniform digital platform username rulesThe platforms, which currently rely on mobile phone numbers for user identification, had submitted their formal responses to the government...
- India must build resilient software and hardware systems to withstand cyber threats: MeitY SecretaryIndia must build strong and reliable software and hardware systems that can keep working even during cyberattacks. This resilience is impor...
- Singham vs scammers? Bandhan Bank brings Rohit Shetty for Cyber Cop missionBandhan Bank has launched Cyber Cop, a nationwide cyber fraud awareness campaign under its CSR programme with filmmaker Rohit Shetty, as cy...
- Psychology explains why scammers are so convincing and it may have more to do with language than technologyScammers use carefully engineered language to persuade and influence potential victims. They build trust with polite greetings and expressi...
- EY India launches AI-driven cyber performance management platformEY India has launched its new Cyber Performance Management platform. This integrated platform quantifies cyber risk for enterprises in real...
- Gujarat sets up Departmental Data Committee to protect farmers' personal, financial informationGujarat's Agriculture Department has formed a committee to protect farmers' personal data. This initiative aligns with the Digital Personal...
- Bank of England sees growing risks to financial stability from AIThe Bank of England identifies artificial intelligence as a growing threat to financial stability. Investors are heavily betting on AI's su...
- ECB tells banks to draw up plans against AI attacks amid disruption fearsEuropean Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This...
- Global Market: UK regulator urged to consider rules for AI chatbots in financial adviceA UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini ...
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