Artificial intelligence has seen a significant increase in the...
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Indian BFSI sector faces cyberattacks at 1.6 times global average: Report
76 per cent of CISOs now rank AI-enabled attacks among their top...
Cybersecurity & AI:Building a synchronous BFSI enterprise
Mid-size organisations face the sharpest exposure: having digitized...
IRDAI gets ready to implement Risk Based Capital norms for insurers,to publish draft regulations soon
The IRDAI's board in its recent meeting had deliberated the issue and approved drafting and publishing the draft regulations on the proposed Indian Risk Based Capital Framework for stakeholder consultation.The issues which need to be addressed before launching RBC in...
Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions
Sanjay Malhotra,Governor,Reserve Bank of India "The FSDC-SC reaffirmed its commitment to enhancing financial sector resiliencethrough inter-regulatory coordination; and keeping a close watch on emerging challenges, including those from heightened geopolitical...
Bank account can’t be frozen in absence of FIR: Delhi HC
Justice Purushaindra Kumar Kaurav, while dealing with a petition by an individual whose account in a private bank was frozen pursuant to a complaint from the Gujarat Cyber Crime Police in November 2024, stated that freezing a bank account without any justification...
I4C signs MoU with RBI Innovation Hub to use AI for detecting mule accounts, tackling cyber fraud
Union Home Minister Amit Shah said the agreement is part of the government's efforts to improve cyber security infrastructure and build stronger safeguards for citizens against online fraud. New Delhi:The Indian Cyber Crime Coordination Centre (I4C) under the Ministry...
Nagaraju launches $1.5 bn Bharat Marine Pool,hands over policies issued by New India
L to R-Sanjay Lohiya,special secretary, Department of Financial Services(DFS), M. Nagaraju,secretary, DFS, officials from Vedanta Sterlite and Balram Chini Mills, Girija Subramanian,CMD, New India Assurance, Kasturi Sengupta, secretary general, GI Council, Hitesh...
Govt to prepare a master plan to track climate, disaster impact: Amit Shah
Union Home Minister Amit Shah on Sunday reviewed country's preparedness to deal with potential floods and heat waves in a comprehensive manner during an important high-level meeting held in New Delhi. New Delhi:Union Home Minister Amit Shah said that a master plan...
Spanish health authorities move to evacuate passengers from infected ship
All passengers on the luxury cruise ship MV Hondius are considered high-risk contacts as a precautionary measure, Europe's public health agency said late on Saturday as part of its rapid scientific advice, adding that the risk to the general population remains low....
Toyota Motor Corporation flags $4.3 bn war hit on supply shocks
Toyota Motor Corporation reported a nearly 50% drop in quarterly earnings and expects full-year profit to fall about 20% as war-driven costs and supply disruptions bite.Hybrid sales are set to exceed 5 million units for the first time, reflecting strong demand for...
Firms turn to AI as cyber threats accelerate
"Attackers are moving faster and at greater scale than ever before. This report is a call to action for organizations to match that pace, with AI as a force multiplier for cyber defence," said Laurent Gobbi, Partner, Global Head of Cyber & Tech Risk, KPMG....
Pradhan Mantri Suraksha Bima Yojana̤:Expanding financial safety net nationwide
New India Assurance(NIA) has established tie-ups with 316 banks,actively servicing around 8 crore account holders under the scheme in the financial year 2025-26 alone. This massive outreach has resulted in a total underwritten premium of approximately Rs.158 crores...