Cybersecurity has become a critical component of digital banking, as customers increasingly depend on mobile applications, internet banking, digital payments and other technology-enabled financial services. The expansion of digital channels has improved convenience and accessibility, but it has also increased Read More …
Tag: Banking Risk Management
Cybersecurity in Digital Banking: Building Consumer Trust
Banks Build Coordinated Response to Rising Cyber Risks
Indian banks are working on a coordinated industry response to rising cyber risks, with the Indian Banks’ Association (IBA) developing mechanisms for faster information sharing on cyber incidents and an industry-level sandbox for testing emerging artificial intelligence models. State Bank Read More …
RMAI Introduces Model Risk Management in Banking & Financial Institutions Online Training Program
Course Enrolment Link A Professional Programme Covering RBI’s 2026 Framework, Model Validation and AI/ML Risks 17-Hour Specialised Learning Programme | 10 Modules | 52 Lectures | Global Case Studies The Risk Management Association of India (RMAI) is introducing a specialised Read More …
Certificate Course in IT Risk & Technology Governance for Financial Institutions
Course Link This certification programme covers RBI regulatory expectations, technology risk assessment, operational resilience, IT outsourcing, audit, cloud governance and AI risks, supported by 40+ industry case studies and 20 practical toolkits. The Risk Management Association of India (RMAI) has Read More …
UK Banking Regulator to Review Impact of Prudential Rules on Economic Growth and Competitiveness
The United Kingdom’s Prudential Regulation Authority (PRA) has announced plans to assess how financial regulations influence investment, capital availability, economic growth and international competitiveness, while maintaining financial stability and operational resilience as its primary supervisory priorities. Katharine Braddick, Chief Executive Read More …
RBI Governor Warns Banks of Emerging AI-Driven Cyber Threats, Calls for Stronger Cybersecurity and IT Resilience
Reserve Bank of India (RBI) Governor Sanjay Malhotra has cautioned banks and financial institutions about emerging cybersecurity threats associated with artificial intelligence (AI), emphasising the need to strengthen IT infrastructure, safeguard customer information and promptly address technological vulnerabilities. Speaking at Read More …
RBI Reaffirms Mandatory Stock Market Listing for Upper-Layer NBFCs, Emphasises Financial Stability and Governance
The Reserve Bank of India (RBI) has reaffirmed that non-banking financial companies (NBFCs) classified under its Upper Layer regulatory framework must be listed on stock exchanges, reinforcing its commitment to transparency, corporate governance and financial stability within India’s non-banking financial Read More …
Major US Banks Block Unauthorised AI Agents Amid Growing Concerns Over Customer Account Security
Leading US financial institutions, including Morgan Stanley, JPMorgan Chase and Charles Schwab, have begun restricting unauthorised third-party artificial intelligence (AI) agents from accessing customer accounts and conducting financial transactions. The measures reflect growing concerns over autonomous AI systems operating within Read More …
RBI Directs Banks and Payment Firms to Strengthen Cybersecurity Amid Rising AI-Driven Threats
The Reserve Bank of India (RBI) has called for stronger cybersecurity safeguards across banks, payment system operators and other regulated financial institutions in response to emerging threats involving artificial intelligence (AI)-enabled cyberattacks. According to an advisory issued on 19 October Read More …
RMAI Risk Insights October 2026 Newsletter
Risk Management Association of India · Est. 1997 rmaindia.org · info@rmaindia.org Risk Management Association of India RMAI RISK INSIGHTS Actionable Risk Intelligence for Professionals Vol 01 · Issue 10 October 2026 Inside This Issue · Jump to Any Section 01Editor’s Read More …