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RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities
"We have issued the required advisories. We remain fully prepared...
Kiwi General Insurance launches operations
“Indian consumers have a real trust deficit in insurance. With...
Swasth Bharat Portal:Powering digital health transformation by unifying fragmented health systems
The SBP has brought multiple national health programmes onto a single interface, eliminating the need for multiple logins and repetitive data entry, and significantly reducing the administrative burden on healthcare providers while enhancing efficiency at all levels....
Data standardisation key prerequisite for insures to effectively leverage AI:Accord study
While AI is accelerating the industry's ambitions, digital maturity is what determines whether those ambitions translate into durable advantage Study shows a widening gap between digital leaders and laggards because of how effectively they convert digital...
EV adoption gains momentum in April amid West Asia uncertainty, sector outlook cautious for May: FADA
The data showed that the transition towards EVs continued to deepen across categories. In the three-wheeler segment, EV penetration rose significantly, with EV share reaching 60.38 per cent. In passenger vehicles, EV share improved to 5.77 per cent, while in the...
DFS secretary reviews vision strategy of LIC and GIC Re
M.Nagaraju, Secretary, DFS Nagaraju underscored the need to expand insurance coverage to a wider segment of the population,advising that companies should prioritise inclusion of more individuals under the ambit of insurance rather than concentrating predominantly on...
PSU banks looks to scale up IT spend in view of cyber threat posed by Anthropic Mythos
Mythos’ advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns that it could be used to disrupt banking systems. New Delhi:Public sector banks are bracing up to increase...
Scindia launches nationwide mobile alert system for disaster emergencies
Jyotiraditya Scindia,Union Minister of Communications Cell Broadcast Solution (CBS) is a telecom-enabled public warning system that enables authorities to broadcast simultaneous, geo-targeted alerts to mobile devices within a defined area. Integrated with the...
Amit Shah to launch mobile-based disaster communication systems on May 2
The system has been extensively utilized by disaster management authorities, enabling the dissemination of over 134 billion SMS alerts, till date, in more than 19 Indian languages during natural disasters, weather warnings, and cyclonic events.To further strengthen...
FinMin asks banks to adopt MuleHunter AI tool of RBI to check cyber frauds
M Nagaraju, Secretary, DFS During the meeting he also advised State Level Bankers' Committee to sensitise the State Police Authorities about the steps taken by the banks for prevention of cyber financial frauds and undertake greater public awareness initiatives, the...
Fraudsters now exploiting e-Commerce sector at a scale similar to Jamtara banking scams: Report
An analysis of 70 million marketplace users by AI- powered risk decisioning platform Bureau, revealed that coordinated groups are now exploiting online systems at a scale similar to the Jamtara banking scams. Organised fraud networks are now systematically targeting...
EPFO to launch Aadhaar-based portal to unlock dormant PF accounts
Mansukh Mandaviya,Labour & Employment Minister The portal, E-PRAAPTI, will provide a streamlined Aadhaar-based authentication mechanism that will enable a member to access an old EPF account, which may not have a UAN (universal account number), and update their...