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SBI CYBER ATTACK
SBI cyber attack update: State Bank of India says customer balances are completely safe despite data leakThe State Bank of India has acknowledged a recent data breach that resulted in the exposure of limited customer information. Assuring its c...
SBI hit by cyberattack, customer data leaked on dark web: All you need to knowA preliminary analysis found about 375,000 records on the dark web. Of these, 3,897 customer records contained personally identifiable info...
SBI probes suspected data breach after 3.75 lakh records surface on dark webState Bank of India is investigating a suspected data breach involving approximately 3.75 lakh records found online. The bank has engaged c...
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
The more AI banks deploy, the bigger the cyber battlefield getsIndian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financia...
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...
Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...
Will your SBI YONO app be blocked if you don’t update your Aadhaar? Check realityA viral WhatsApp message falsely claims SBI customers must download an APK to update Aadhaar KYC, warning of YONO app blockage. The PIB Fac...
Integration of AI, Gen AI with financial sector to foster innovation: SBI ChiefSBI Chairman C S Setty highlights the transformative potential of integrating Artificial Intelligence and Gen AI in the banking sector. He ...
Govt teams up with SBI Cards, telcos to combat OTP fraudsThe Centre is trying a solution that will allow banks to track the registered address as well as geolocation of a customer and where an OTP...
What Budget 2024 can do to strengthen the cybersecurity sector in IndiaThe budget is poised to play a pivotal role in shaping India’s economic growth and global competitiveness, particularly in the realm of cyb...
Infosys scores perfect 10 in corporate disclosures: FTI Consulting reportThe report revealed that the Nifty100 companies have an average corporate disclosure score of 6.5 out of a maximum of 10
Fintech cos need to focus on providing resilient front-ends for financial service providers: GovtFinancial service providers must not hesitate to actually collaborate with fintech innovators for beefing up cyber security and fraud preve...
Cyber chief's warning as hackers target PM's Covid fundTalking to ET Online, in a telephonic interview Lt Gen.Pant said, “In the past two months almost 4000 fraud portals related to Corona Virus...
Nepal SBI post 13 per cent growth in net profit for FY19Nepal SBI Bank, a subsidiary of State Bank of India, has posted a Rs 229.25 crore net profit for 2018-19, registering a growth of 13.29 per...
Surge in Debit card usage has banks on alert for fraudDemonetisation move has curbed cash in the circulation, a move that is seen bearing fruits over long run in terms of throttling unaccounted...
State-Run Bankers to Get Lesson on Cyber SecurityThere has been an increase in cyber-attacks on state-run financial institutions, and intelligence agencies have warned finance ministry.
Banks step up defence against cyber attacksIn the past two months, many private and public sector banks have seen a tremendous jump in cyber attacks that ranged from defacing website...
Banks still don't buy cyber fraud coversAll three banks have taken the mandatory 'bankers indemnity' insurance cover, they have not insured themselves against data breaches and cy...
- IT Act to get more teeth to fight financial frauds
With the rising popularity of web surfing, internet watchdogs are devising mechanism to check cyber crimes.