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RBI asks Indian banks to probe alleged data leak of 1.3 million cards

by AIP Online Bureau | Oct 31, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

  Mumbai: The Reserve Bank of India (RBI) has asked banks to ensure customers' debit and credit card data is secure and investigate reports that say data of 1.3 million accounts was available online, a notice seen by Reuters showed.   Banks should secure...

Rising sea level puts Mumbai at risk of being submerged by 2050: Study

by AIP Online Bureau | Oct 30, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Risk Management

  Washington:  India's financial capital Mumbai, one of the largest and most densely populated cities in the world, is at risk of being submerged by 2050, according to a study that gives new estimates on the impact of rising sea levels.   India and...

1.3 Million Indian Payment Card Details Up For Sale On Dark Web

by AIP Online Bureau | Oct 30, 2019 | Eco/Invest/Demography, Indian News, Risk Management

   NEW DELHI: Nearly 1.3 million debit and credit card data of Indian banking customers that can fetch up to $130 million for cybercriminals are available on Dark Web for open sale.   According to ZDNet, the cards' details is available on...

Orange alert in 4 districts in Kerala

by AIP Online Bureau | Oct 30, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  THIRUVANANTHAPURAM: An orange alert was issued on Wednesday for four districts in Kerala by the Met department following formation of a deep depression in the Arabian sea. The Orange alert, indicating heavy to very rainfall of between 6 CM to 20 CM, was for...

Reliance General Insurance scraps IPO plan; withdraws offer documents

by AIP Online Bureau | Oct 30, 2019 | Indian News, Non-Life

  Mumbai: Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer.   The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale...
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