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PAYMENT OUTAGE RISK
NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...- OSM under fire as CBSE battles data leak claimsEthical hackers and students have raised concerns about the CBSE's On Screen Marking system, alleging unauthenticated public access to scan...
- Cyberattacks surge across UAE amid Iran conflict, businesses face disruptions and rising risksCyberattacks are surging across UAE and Gulf. Financial services, government platforms, and utilities face a sustained wave of breaches. Cy...
- Pakistan: Karachi brought to halt as power failures, mismanagement spark protestIn the bustling heart of Karachi, commuters found their daily routines thrown into chaos as prolonged power outages struck Railway Colony. ...
- The year the cloud went dark: Inside 2025’s biggest tech outagesThe year 2025 saw widespread internet disruptions. Major cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud experi...
- Venmo down? Downdetector and users report outage. Here's when will it be back up and how to fix Venmo app not working issuesVenmo down? Thousands of users reported venmo outage, venmo not working, and is venmo down right now issues on Wednesday. Reports rose shar...
- Amazon's AWS struggles to recover after major outage disrupts apps, services worldwideA major outage hit Amazon Web Services, impacting popular apps like Snapchat and Reddit. Thousands of websites and businesses faced disrupt...
- PhonePe UPI payments disrupted as new data centre fails to handle rushThe glitch also impacted other unified payments interface (UPI) apps like Paytm and Google Pay. Thousands of users reported issues with UPI...
- UPI hit by another outage, thousands of users report issues in paymentsUPI services surged were over 1,000 as of noon, with payments and fund transfers being the most reported problems. Banks cite surge in tran...
- Five Indian power companies face over $1 billion payment outage risk in BangladeshBangladesh owes over $1 billion to five Indian power companies, with Adani Power leading the list at $800 million for its Jharkhand-based p...
- RBI Deputy Governor M Rajeshwar Rao flags risks of relying on single vendor for servicesDeputy RBI Governor Rao highlighted the risks of single-vendor dependency at a CareEdge event, citing the Microsoft outage. An RBI survey r...
- Microsoft outage cause explained: What is CrowdStrike and why users are getting Windows' blue screen of death?Microsoft experienced a global outage on Thursday due to an issue with CrowdStrike's Falcon Sensor software, causing widespread disruptions...
- Indian banks to step up IT spends as regulatory scrutiny risesBanks were earlier spending between 6%-8% of total operating expenditure on technology, sharply below the global average of 10%-12%.
- HDFC Bank faces intermittent glitches with payments platformIt could not be immediately determined what caused the problem, but an HDFC Bank spokesperson said it was not widespread.
- RBI intervention may increase to check bank system outages: ReportEmkay feels that the RBIs overall audit process and post-audit approval and implementation process at HDFC Bank may take 3 to 6 months.
- Suspension of new digital initiatives, credit cards negative for HDFC Bank: MoodysLast week, banking sector regulator Reserve Bank of India (RBI) had asked the bank to temporarily stop all launches under its digital 2.0 i...
- Not a tangled web we must weave, RBI tells banks & their proxiesCustomer protection and complaints resolution become key policy action items for the central bank as frequent service outages at top lender...
- Governor Shaktikanta Das wants banks to improve corporate governance and risk standardsIn March this year the regulator imposed a moratorium on Yes Bank and quickly stitched a reconstruction plan with SBI and nine other domest...
- RBI to come out with digital payment security control directions: Shaktikanta DasThe announcement comes a day after the RBI temporarily barred largest private sector lender HDFC Bank from selling new credit cards or laun...
- DERC issues notice to discoms, special hearing on ThursdayDelhi's power regulator DERC has served notices on two BSES discoms following recommendation by the Delhi Government to revoke their licens...
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