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CYBER ATTACKS ON LENDERS
AU Small Finance Bank data leak: Salesforce says no vulnerability at its endSalesforce has stated no vulnerabilities were found concerning a suspected data leak at AU Small Finance Bank. The bank is investigating cl...- Largescale cyberattacks test the limits of insurance coverWhile businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequate...
- 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-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...
- Rogue AI agents exposing India’s data law blindspotsAs companies edge closer to the May 2027 enforcement deadline for the Digital Personal Data Protection (DPDP) law, AI’s emerging cybersecur...
- Unacademy founders plan AI fund; Flipkart’s premium pushHappy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch.
- SBI investigates dark web leak of 3.8 lakh recordsState Bank of India is currently investigating a suspected data breach involving customer information found online. The breach reportedly e...
- 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...
- AI agents breach Indian firms’ systems, roam undetected for days, CERT-In warnsIndian Computer Emergency Response Team reported that AI agents attacked local organizations for unauthorized access and financial gain. Th...
- Banking watchdogs ramp up AI scrutiny as stability fears mount, sources sayBanking regulators are intensifying their oversight of AI risks that could affect financial stability and cyber security. The Federal Reser...
- RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressureSanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized tha...
- 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...
- Australia beefs up cyber defences after major breachesThe federal government said it will also subject telecommunications firms to tougher cyber reporting rules which apply to critical infrastr...
- Cyberattacks up multi-fold in current environment: India's cyber security coordinatorVulnerabilities will continue to exist and the only solution against those is personal cyber hygiene and technological steps, Pant added.
- Bank body asks lenders to get cyber insuranceWhile the larger lenders have cyber insurance covers ranging from Rs 350 crore to Rs 500 crore, many of the smaller players have only the B...
- 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.
- Raghuram Rajan asks banks to improve cyber security systems"There have been cyber incidents in the recent past. I think it would be overly complacent for anyone of us to say we are well prepared to ...
- Pakistan hacker defaced Canara Bank site, tried to block e-paymentsWithin 24 hours of the attack, RBI, in a letter marked ‘confidential’, advised bank chairmen to review funds lying in their bank’s (oversea...
- Finance ministry asks state-run banks to strengthen IT systems against cyber threatsBanks reported 16,468 cases related to cyber fraud in 2015-16, including credit card and net banking cases, according to RBI data.
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