RBI urges banks to enhance cybersecurity amid rising attacks on financial institutions
POLICYState Bank of Indiaredteam/daily · 1 source
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What happened
The Reserve Bank of India has mandated that banks strengthen cybersecurity controls in response to rising attacks on financial institutions. The article references a data leak at State Bank of India and losses at non-bank lenders from unauthorised transactions resulting from security breaches. The RBI stresses compliance with existing regulations and addressing AI-related risks; no CVEs or technical details are given.
For security analysts · Written by AI from 1 source · Wrong?
What to do
- Banks should strengthen their cybersecurity measures and comply with existing RBI regulations.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
ETCISO (The Economic Times)
Who and what is in it
Companies