by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
The draft cyber security rules published on June 24 proposed to create a new platform for phone number validation and also includes those entities that use phone numbers to identify customers like banks using phone numbers for UPI transactions New Delhi:The Department...
by AIP Online Bureau | May 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
“We have strengthened the cyber security mechanism… we have created a 24 hours war room to diffuse any cyber attack… we are prepared for any eventuality,” Punjab National Bank MD and CEO Ashok Chandra said New Delhi: Banks have tightened their cyber...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
With increased instances of fraud in digital payments becoming a significant concern, this initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking...
by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, Indian News, Policy
Under the rules, every telecom entity will be required to implement specified measures to ensure cyber security, including adopting a telecom cyber security policy (security safeguards, risk management approaches, actions, training, best practices and technologies, to...
by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
In an era where digital transformation is reshaping industries, cybersecurity has emerged as a paramount concern, with an alarming rise in cyber threats. There was dialogue on urgency of strengthening Information Systems (IS) security, which emerged as a critical...
