Spandana Sphoorty Reports ₹7.80 Crore Cyber Fraud: Unauthorised Transfers to 82 Accounts

Spandana cyberfraud

RMAI Risk Insights | 2 November 2026 Spandana Sphoorty Financial Limited, a listed microfinance institution, has disclosed a cyber fraud involving approximately ₹7.80 crore, with funds reportedly transferred from one of its bank accounts to 82 beneficiary accounts through multiple Read More …

BRICS Moves from Cyber Policy to Cyber Drills for Financial Institutions

BRICS Moves from Cyber Policy to Cyber Drills

At the BRICS Finance Ministers and Central Bank Governors meeting held in Mumbai on September 10, 2026, member countries commended the third iteration of the BRICS Cyber Exercise and Drills, conducted under the theme Resilience and Cooperation for Cyber Defence. Read More …