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COOPERATIVE BANKING CYBERSECURITY
India's coastal security to see serious action in next two years: Amit Shah says MHA will move forward 'very seriously'Amit Shah emphasised the need to strengthen coastal security over the next two years. He called on Western states to take the lead in imple...- Union Minister Piyush Goyal discusses scaling up retail investment with Nippon Life India AMC CEO Sundeep SikkaUnion Minister Piyush Goyal met with Nippon Life India Asset Management's CEO to discuss retail investment growth. They explored avenues fo...
- SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil AnandSIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...
- Digital arrests: SC tells RBI to frame SOP on mule A/CsThe Supreme Court has directed the RBI to create a standard operating procedure for mule accounts. States and Union Territories must operat...
- Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
- AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
- Mid-tier entities in Indian BFSI under-invested in security, most exposed to cyberattacks: ReportIndian mid-tier banks and financial firms face significant cyber risks. They have embraced digital technology but lag in cybersecurity spen...
- China, Pakistan vow closer ties in trade, finance, security: XinhuaChina and Pakistan are set to boost collaboration across industry, agriculture, and mining. They will also expand trade, investment, and IT...
- MSC Bank sets up country's first cyber security operations centreMaharashtra State Cooperative Bank has launched India's first cyber-security operation centre, 'Sahakar Suraksha,' in Navi Mumbai, costing ...
- Technological cooperation as the basis of digital sovereigntyPositive Hack Days, a major cybersecurity festival in Moscow, addressed digital sovereignty and international cooperation. The event, suppo...
- Industry groups urge quick adoption of EU cybersecurity label that favours Big TechThe call came amid signs that the European Commission may delay adopting or even scrap the proposal, which has gone through several changes...
- Urban cooperative banks need to evolve digitally: RBI Deputy Governor SwaminathanRBI Deputy Governor Swaminathan J urged urban cooperative banks to embrace digitalization and strengthen cybersecurity, emphasizing the nee...
- RBI tells small finance bank directors to ensure business sustainability by addressing emerging risksThe Reserve Bank of India has urged directors of small finance banks to address emerging operational risks, particularly in cybersecurity. ...
- Govt wants sponsor banks to help RRBs upgrade technologyThe government has directed state-run banks to help regional rural banks (RRBs) upgrade their technology and join the National Payment Corp...
- 'Catastrophic event': A global pandemic-level threat has just emergedA global Microsoft outage has caused disruptions in various sectors, leading to unexpected computer shutdowns and flight cancellations. Cyb...
- As we rely more on software & cloud systems, so does the need to address cyber vulnerabilitiesMicrosoft's Windows OS faced major outages globally, impacting various sectors like aviation, banking, and hospitals. The disruptions were ...
- Need proactive risk mitigation measures to tackle cyberattacks: RBI DGRBI deputy governor Swaminathan J emphasized proactive risk mitigation strategies in the face of cyberattacks and emerging banking risks, a...
- India takes the lead in setting up Bimstec cyber-response teamAt the Bimstec meeting, India offered to train experts from countries in the Bay of Bengal region to prevent and deal with cybersecurity br...
- RBI prescribes five-pillared approach to deal with cybersecurity issues in UCBsThe five-pillared strategic approach 'GUARD' comprises Governance Oversight, Utile Technology Investment, Appropriate Regulation and Superv...
- Cisco signs deal with CERT-In to man the doors at Digital IndiaAccording to Cisco, cyberattacks cost the world $575 billion in 2016, and numbered 90 million. In these attacks, 38% of the systems were co...
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