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CYBER RISK PWC SURVEY
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...11 Jun, 2026, 08.35 AM IST- Delhi police arrests bank deputy manager in Rs 67.92 crore mule account case linked to 159 cyber fraud complaintsDelhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...10 Jun, 2026, 02.13 PM IST
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...10 Jun, 2026, 01.40 PM IST
- AI anxiety, increased benefit costs, inadequate cyber threat literacy among India's top workplace challenges: ReportA new report reveals that increased health costs, AI adoption barriers, regulatory shifts, and poor cyber threat literacy are top HR and ri...10 Jun, 2026, 12.04 PM IST
- Importers fret over China's new critical mineral frameworkNew Chinese regulations on mineral resources are causing worry for Indian businesses. Beijing is linking vital mineral supplies to its nati...10 Jun, 2026, 09.33 AM IST
- Extreme heat dents productivity at India garment factories supplying global brandsIndia's garment factories face severe heat challenges. Productivity drops up to 10% affect global brands like Uniqlo and Marks & Spencer. H...09 Jun, 2026, 10.39 AM IST
- India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with PakIndia emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nu...08 Jun, 2026, 10.32 PM IST
- 5,300 of 36,000 Indian SIMs used in Cambodia for Rs 100-crore cyber fraud in IndiaEnforcement Directorate uncovered a massive cyber fraud network. Thousands of Indian SIM cards were activated fraudulently. These SIMs were...08 Jun, 2026, 09.25 PM IST
- YouTuber Maridhas detained for posting 'critical' videos against TVK govtChennai Police have taken YouTuber Maridhas into custody in Madurai due to his critical commentary on the Tamil Nadu government. The Cyber ...08 Jun, 2026, 01.29 PM IST
- Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactionsCiti is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...08 Jun, 2026, 12.36 AM IST
- PNG gas scam: Man clicked on bill link & kept losing money until Rs 31 lakh was drained; 21 others fell for the same fraudFake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages,...06 Jun, 2026, 08.11 PM IST
- RBI says fully prepared to tackle ‘Mythos’ cyber threat; advisories issued to banksWith the looming cybersecurity risks posed by the Mythos platform, the Reserve Bank of India is taking significant precautions. They've alr...05 Jun, 2026, 06.31 PM IST
- RBI says fully prepared for 'Mythos' cyber threat; advisories issued to regulated entitiesThe Reserve Bank of India is ready for cyber threats from the Mythos platform. Advisories have been sent to financial entities. The RBI is ...05 Jun, 2026, 06.03 PM IST
- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...04 Jun, 2026, 11.56 PM IST
- 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...02 Jun, 2026, 06.00 AM IST
- 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...28 May, 2026, 08.08 PM IST
- Mythos alert: Banks, telcos take test to check cybersecurity scoreMythos cyber audit: Companies are testing their public-facing assets using existing AI models such as Opus 4.7 and GPT 5.5 and have also as...28 May, 2026, 01.37 PM IST
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