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CYBER FRAUD IN INDIA
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...- OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
- ETtech Explainer: Why SIM-binding is a concern for consumers and businessesA new study raises alarms about the Department of Telecommunications' proposed SIM-binding requirement for messaging applications. The mand...
- 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...
- SaaS firm Capillary’s AI platform drives new customer wins, revenue grows 51%Capillary’s aiRA (AI-powered Research Assistant) is an AI agent for enterprise brands that helps connect customer data across platforms and...
- 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...
- Spandana Sphoorty Financial reports cyberattack involving its bank accountSpandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approx...
- 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...
- 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...
- 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...
- 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...
- CAIT, NASSCOM to launch nationwide campaign on AI adoption, cyber fraud prevention among traders: Praveen KhandelwalThe Confederation of All India Traders (CAIT) and NASSCOM will jointly launch a nationwide campaign to promote artificial intelligence (AI)...
- SBI launches CyRIS to strengthen cybersecurity capabilitiesSBI proudly introduces CyRIS, its new Cybersecurity Centre of Excellence, designed to elevate digital protection and competence. This centr...
- Rs 98,000 curd: Bengaluru woman orders curd on blinkit, receives damaged packet, calls customer care number found online and loses Rs 98,000A 56-year-old Bengaluru woman allegedly lost Rs 98,000 after ordering curd on Blinkit and finding the packet damaged. Her search for a cust...
- Telecom rules alone can't stop online scams, entire ecosystem must act: GSMA chiefGSMA emphasizes the need for unified regulations to effectively combat online scams and maintain public trust. Vivek Badrinath highlights t...
- WhatsApp, Telegram must be tied to an active SIM from Jan 1: DoT issues guidelinesThe Department of Telecommunications has issued guidelines for messaging apps to link accounts to active SIM cards. Users will need to ensu...
- WhatsApp and Telegram to stop working for these user from Jan 1: Govt announces new rule. What you should knowWhatsApp New Rule: WhatsApp and Telegram users may face account restrictions from January 1, 2027, under the government's proposed SIM-bind...
- PNB cautions customers of AI-led cyberattacks amid surging fraudsPunjab National Bank has alerted its customers about the escalating threat of AI-generated cyberattacks. These advanced phishing techniques...
- SBI data breach claim: Hackers allegedly access 3.75 lakh accounts"The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent...
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