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FINANCIAL INSTITUTIONS DATA SECURITY
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience frameworkAccording to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile e...
Revolut will cover costs for customers hit by data hack, Western Europe CEO saysRevolut, Europe's most valuable startup, said it had sent the customers' personal data to hackers who had taken control of an Italian gover...
Soon, FD details will be part of your CAS statement; Here’s how it helps youSoon you will get to see your fixed deposit (FD) details in CAS statements. CAS stands for consolidated account statements and it is usuall...
Bharti Airtel shares defy weak markets, rise over 2% after launch of new plansBharti Airtel shares gained after the telecom major launched new postpaid plans offering additional benefits, including free international ...
RBI opens up Account Aggregator network, making financial data sharing easier for consumersThe Reserve Bank of India has introduced inter-operability among various Account Aggregators to simplify information sharing. Customers wil...
Agentic AI in financial services: How banks are rethinking lending, risk and decision-makingFrom loan processing and credit assessment to fraud detection and regulatory compliance, agentic AI is changing how financial institutions ...
Policy Dialogue: RBI builds financial market platform to debate and discussThe Reserve Bank of India is forming a Financial Market Consultative Committee for better engagement with market participants. This committ...
One Dashboard Is Enough: RBI allows account aggregator interoperabilityMove seen easing customer acquisition across the financial system – pensions, stocks, insurance, loans, or plain-vanilla banking
ASOS hacked? A threatning 'we will leak it' alert has shoppers checking their accounts; is their data at risk and should customers delete the app?An alarming notification appeared through the ASOS app. However, the broader claim behind the message has not been verified. Someone appear...
UN ‘largely irrelevant’ to major global conflicts, Jaishankar says, calls for reformS Jaishankar addressed the need for reform in the United Nations during the 5th Kautilya Economic Conclave. He pointed out the UN's irrelev...
US warns foreign financial institutions not to do business with IranOn October 5, 2026, the US Treasury issued a warning to foreign financial institutions regarding transactions with Iran. It stated that suc...
Accenture contractor removed from FBI following damaging data breach, sources sayA data breach involving the FBI resulted in the exposure of sensitive information about employees. The breach occurred due to a failure by ...
Sebi launches awareness campaign to help investors in informed decision makingSebi has launched the ‘Samajh Se Investing Simple’ campaign under Project Jagrook to simplify investing, promote informed decisions and pre...
Australia's Firmus to allocate half of up to $5.5 billion IPO to existing investors, sources sayFirmus, the Australian data centre operator, is gearing up for a noteworthy initial public offering worth $5.5 billion. In a strategic move...
AI compute financing needs bankable contracts, lender exit rules: industryThey highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaA...
South Korean president orders probe into data leaks across financial industryFinancial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators an...
Next financial crisis may stem from cyberattack or geopolitical shock, RBI governor saysRBI Governor Sanjay Malhotra said the next financial crisis may be triggered by geopolitical shocks, cyberattacks or technology failures ra...
AI tools suspected in Korea’s Shinhan Bank hack, Yonhap SaysAttackers probably used sophisticated AI agents to probe for vulnerabilities and gain unauthorized access to a service used by loan recruit...
Books, coffee and banking: Anup Bagchi the ICICI lifer set to lead HDFC BankAnup Bagchi, who has spent 34 years at ICICI Group, will join HDFC Bank as managing director. He has held various leadership roles, oversee...
AI boom raises ‘too-big-to-fail’ concerns as ecosystem expands, says Kansas Fed's Jeff SchmidKansas City Federal Reserve President Jeff Schmid has expressed concerns about the interconnectedness of the artificial intelligence indust...