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RBI CYBER SECURITY WARNING
AI turns cyber threat into boardroom crisisIn India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s d...
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...
Beijing says UK cybersecurity report 'smears' ChinaChina has officially countered assertions made by Britain's National Cyber Security Centre, which indicated that Chinese AI operations coul...
- Are Russia, China, Iran planning to carry out large scale cyberattacks bigger than Europe supermarket fridges hacking? Top Britain official reveals shocking details
Moscow, Beijing and Tehran have all repeatedly denied similar accusations of malevolent cyber actions in the past.
Fridge hacks and finance attacks flag AI insecurityThe growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, accor...
From SBI to Binance, how financial institutions are becoming cyberattack targetsRecent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put th...
Kaspersky flags QR code payment scams as a key cyber risk for Indians travelling to IndonesiaAs more Indian tourists move to Indonesia, Kaspersky's cybersecurity experts are sounding the alarm on rising online threats. They point ou...
UK cyber chief says the UK will face AI cyberattacks on critical infrastructure by 2028The UK's National Cyber Security Center warns of potential AI-driven cyberattacks targeting critical infrastructure by 2028. Increased soph...
IKEA store in Belgium hit by fridge cyberattack; refrigeration systems impacted as supermarkets across Europe face issuesIKEA's store in Mons experienced temperature rises in refrigeration systems due to a cyberattack. Several European supermarkets, including ...
Spandana Sphoorty reports Rs 7.8 crore cyber fraud in bank accountSpandana Sphoorty reported cyber fraud that led to unauthorized transactions of Rs 7.8 crore. The fraud was discovered on Sunday, prompting...
Government giving Rs 8,000 as diwali bonus? PIB responds to viral claimThe Press Information Bureau issued a warning about fraudulent WhatsApp messages claiming an Rs 8,000 Diwali bonus. These messages ask reci...
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...
AI’s 3-week blitz digs up 14,000 security flaws in open-source softwareGoogle Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had...
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...
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 ...
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...
Australia warns of 'unprecedented' AI threatArtificial intelligence poses an "unprecedented" threat as foreign governments turn it loose to hack computer networks and critical infrast...
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 ...
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...
‘Wars now target economies’: PM Modi warns of ‘cyber terrorists’, calls for stronger banking securityPrime Minister Narendra Modi inaugurated the Reserve Bank of India's new data centre and Cybersecurity Training Institute in Bhubaneswar. H...