Are banks cyber-ready? RBI seeks proof of compliance amid rising attacks
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
In light of increasing cyberattacks on financial institutions, the Reserve Bank of India has shifted its focus to enhancing cybersecurity protocols. Banks are now mandated to fortify their application programming interfaces to avert potential security breaches. Alarming recent in...
In light of increasing cyberattacks on financial institutions, the Reserve Bank of India has shifted its focus to enhancing cybersecurity protocols. Banks are now mandated to fortify their application programming interfaces to avert potential security breaches. Alarming recent incidents, such as data leaks and unauthorized transactions affecting leading banks, have raised concerns.
Original Source
https://timesofindia.indiatimes.com/business/india-business/are-banks-cyber-ready-rbi-seeks-proof-of-compliance-amid-rising-attacks/articleshow/135353767.cms
