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NBFC CYBERATTACKS
Central cyber security agency warns banks, NBFCs of AI attacks; I4C reveals how hackers are executing multi-crore fraudsI4C has warned banks, NBFCs and fintech firms about AI-powered cyberattacks that enable hackers to execute fraudulent transactions at machi...- Cyberattacks hit NBFCs; Pine Labs Q2 profit zoomsCyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
- AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two monthsRecent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted ...
- Post Chandrasekaran, the head that wears the Tata crown won't rest easyAs N. Chandras ekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairman will take the reins of iconic b...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Tata Investment Corp shares surge over 45% in 7 sessions. Should you book profit or accumulate?Tata Investment Corporation shares have surged over 45% in seven sessions, hitting a record Rs 10,611 on strong technical momentum and expe...
- Data breach exposes 2.73 lakh bank recordsAn unsecured cloud server exposed hundreds of thousands of bank transfer records, revealing names, bank account details, and contact inform...
- 23 going on 24: Making sense of a chaotic yet colourful year for India's tech sectorFrom 15.4 billion downloaded games to 138.08 crore people covered by Aadhar, India's tech sector had an eventful 2023. ET takes a look at t...
- RBI flags contagion risk, says stress in NBFC sector assessed to be higher than in March 2023The Reserve Bank of India (RBI) stated in its Financial Stability Report that while macro stress tests show banks would comply with minimum...
- Sam Altman’s AI regulation pitch, and other top stories this weekOver the last month, Altman has met heads of states and governments of several countries. The latest halt on his whistlestop tour was India...
- Indian fintech faces tough 2023; PayU India lays off 6% of employeesThe operating environment is expected to get tougher for Indian fintech startups next year amid a worsening funding winter and regulatory c...
- Truecaller fine-tunes algorithms to catch frauds real time: CEOWith rampant phishing calls preying on the vulnerable during the ongoing period of uncertainty, Truecaller, arguably the world’s largest mo...
- Lack of robust IT security system key reason behind rising cyberattacks: ReportAccording to US-based Software Company Symantec's Internet Security Threat Report, India is the second worst cybercrime affected country in...
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