Artificial intelligence adoption in Indian banks is growing rapidly, enabling efficiencies in customer onboarding, credit assessment, fraud detection, and operational decision-making. However, these AI systems introduce new cybersecurity and operational risks. Recognizing this, the Reserve Bank of India released the Read More …
Tag: fintech security
RBI Mythos AI Cybersecurity Advisory: Risk Team Checklist for Indian Banks
Cyber Fraudsters Exploit New Techniques to Bypass UPI Security
Cyber fraudsters are increasingly deploying advanced techniques to bypass security mechanisms in Unified Payments Interface (UPI) transactions, raising concerns over the resilience of India’s fast-growing digital payments ecosystem. The evolving tactics highlight the need for stronger safeguards and greater user Read More …