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RBI CYBER SECURITY MEASURES
Mistral AI publicly releases Large 4, targets cybersecurity usersMistral said the released version was an upgrade from the one unveiled three weeks ago, following testing with governments and corporate us...- Washington set to cut wire connecting Chinese companies to US phone numbersThe US Federal Communications Commission intends to vote on banning Chinese telecom firms from accessing US phone numbers. Concerns around ...
- Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit BharatThe government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner ...
- RBI tightens cyber checks on lenders after spate of hacksIndia's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents inc...
- US plans to ban Chinese telecom firms from direct access to US phone numbersThe United States will soon prohibit Chinese telecom companies from having direct access to American phone numbers. This action aims to enh...
- SC cracks down on banks, seeks mandatory payouts to cyber fraud victimsThe Supreme Court has questioned the Reserve Bank of India's effectiveness in preventing digital fraud. Financial institutions must be held...
- Fintechs to lay out a code for technology vendors amid rising cyberthreats and security risksUnified Fintech Forum is developing a framework to encourage best practices among technology service providers. This initiative aims to imp...
- SC calls for compensation to digital fraud victims if banks fail due diligenceThe Supreme Court has highlighted banks' accountability regarding digital fraud, asserting that victims deserve compensation for losses due...
- Regional rural banks to set up cybersecurity centres, develop threat intelRegional rural banks are set to improve their cyber security through the establishment of cyber security operations centres. They will also...
- Rupee slips below to 95.18 against dollar on elevated oil pricesOn Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite incr...
- Wary of RBI, banks back off from forex dealsThe banks, using the easy rupee liquidity created after the inflow of deposits from the diaspora, bought dollars and invested the funds in ...
- Japan PM vows swift response to wave of cyberattacksJapan is preparing an emergency cybersecurity package in response to increasing hacking incidents affecting various businesses. Prime Minis...
- Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
- Banks seek relief from sustainable lending norms for FCNR(B) loansBanks have approached the International Financial Services Centres Authority regarding sustainable lending targets for international bankin...
- Moonshot curbs hacking ability in new Kimi model as fears grow over AI-powered cyberattacksBeijing-based Moonshot announced the curbs while introducing Kimi K3.1 Pro, which it describes as its most capable 3-trillion-parameter-cla...
- Centre recognises AI needs more regulation: IT SecretaryReferring to a series of cyber incidents whereby AI agents escaping sandboxes and running rogue, Krishnan said many ways by which agents ex...
- FSDC stresses on vigilance, reforms amid global uncertainty & AI boomFinance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining fi...
- RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economyIndia's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures hav...
- RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: GovernorRBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measure...
- SBI weighs data leak impact, alerts cyber cover providerSBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, peo...
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