News for 'cyber risk'

Cybersecurity Expert Warns of AI-Driven Cyber Risk in New Book

Cybersecurity Expert Warns of AI-Driven Cyber Risk in New Book

Rediff.com10 Mar 2026

A new book by cybersecurity expert Durga Prasad Dube explores how artificial intelligence is reshaping the global digital landscape and creating new cyber risks.

RBI deputy governor flags cyber risk over volume of personal data with FIs

RBI deputy governor flags cyber risk over volume of personal data with FIs

Rediff.com21 Jan 2026

The increasing use of models, algorithms, and code across the financial industry is reshaping how outcomes are generated. However, their limitations, such as explainability, embedded bias, and model drift may not be immediately apparent and may emerge only as these technologies gain scale, warns RBI deputy governor Shirish Chandra Murmu.

Telangana Police To Focus On Cyber Crime, Road Safety

Telangana Police To Focus On Cyber Crime, Road Safety

Rediff.com4 days ago

Telangana's newly appointed DGP C V Anand announced that the state police will implement measures to address cyber crimes, drug issues, and road accidents, involving district-level officials. He also mentioned reviewing the phone-tapping case linked to the previous BRS regime and prioritising rehabilitation programmes for surrendered Naxals.

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Gulf War: Nasscom Warns Firms Of Cyber Threat Surge

Gulf War: Nasscom Warns Firms Of Cyber Threat Surge

Rediff.com17 Mar 2026

'Periods of geopolitical uncertainty often see a rise in coordinated cyber threats, disinformation campaigns, and infrastructure targeting.'

Kerala's KITE Launches 'Cyber Safety Protocol 2026' for Schools

Kerala's KITE Launches 'Cyber Safety Protocol 2026' for Schools

Rediff.com8 Mar 2026

Kerala Infrastructure and Technology for Education (KITE) has published the 'Cyber Safety Protocol 2026' to ensure a secure digital learning environment and robust cyber defences for students in Kerala's public school system.

Beware: 'Digital Lutera' toolkit targets UPI users, warns cyber firm

Beware: 'Digital Lutera' toolkit targets UPI users, warns cyber firm

Rediff.com12 Mar 2026

Cyber intelligence firm CloudSEK reports that online fraudsters are using a new toolkit called 'Digital Lutera' to bypass security features of UPI apps and carry out fraudulent financial transactions.

Cybersecurity biggest risk for enterprises: Ficci-EY report

Cybersecurity biggest risk for enterprises: Ficci-EY report

Rediff.com9 Feb 2026

Cybersecurity breaches have emerged as the top risk shaping organisational performance, with 61 per cent of respondents identifying it as the primary risk, said a Ficci and EY report.

Online Gambling Scam Uses Impersonated Mangaluru Police Website

Online Gambling Scam Uses Impersonated Mangaluru Police Website

Rediff.com27 Mar 2026

A fraudulent website impersonating the Mangaluru city police was used to deceive individuals into online gambling schemes, prompting a police investigation and public warnings.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 days ago

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

These Cyber Scams Are Happening Around You

These Cyber Scams Are Happening Around You

Rediff.com5 Mar 2026

Cyber threats aren't always invisible -- sometimes they're right beside you.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

Mumbai Man Arrested In Cryptocurrency Investment Scam

Mumbai Man Arrested In Cryptocurrency Investment Scam

Rediff.com7 days ago

Mumbai Police have arrested a man for allegedly defrauding a senior executive of over Rs 60 lakh under the guise of cryptocurrency investment.

Ex-Bank Employees Arrested In Gurugram Loan Fraud Case

Ex-Bank Employees Arrested In Gurugram Loan Fraud Case

Rediff.com27 Apr 2026

Gurugram Police have arrested two former bank employees for allegedly fraudulently obtaining loans by accessing data of pre-approved accounts.

Gujarat DGP Stresses Proactive Measures to Combat Cybercrime

Gujarat DGP Stresses Proactive Measures to Combat Cybercrime

Rediff.com9 Apr 2026

Gujarat's Director General of Police, KLN Rao, has emphasised the importance of a proactive approach in combating cybercrime, focusing on technology, coordination, and public awareness.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Rediff.com28 Mar 2026

A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com4 days ago

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Police Constable Faces Charges for Alleged Vehicle Auction Scam

Police Constable Faces Charges for Alleged Vehicle Auction Scam

Rediff.com11 Apr 2026

A police constable in Jharkhand is under investigation for allegedly defrauding people of Rs 39.60 lakh by promising cheap auctions of seized vehicles.

India second-most preferred investment destination for CEOs: PwC survey

India second-most preferred investment destination for CEOs: PwC survey

Rediff.com21 Jan 2026

India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.

Karnataka unveils draft policy to address digital addiction in students

Karnataka unveils draft policy to address digital addiction in students

Rediff.com1 Apr 2026

The Karnataka government has introduced a draft policy to address the growing concerns surrounding excessive and unsafe digital technology use among students, focusing on mental health, cyber safety, and responsible digital behaviour.

How AI Will Enhance Crime Tracking and Criminal Profiling in India

How AI Will Enhance Crime Tracking and Criminal Profiling in India

Rediff.com31 Mar 2026

The Indian government is integrating artificial intelligence into the Crime and Criminal Tracking Network & Systems (CCTNS) 2.0 to enhance crime tracking, criminal profiling, and predictive policing across the country.

No cash, crypto payments to Iran for Hormuz passage: India

No cash, crypto payments to Iran for Hormuz passage: India

Rediff.com22 Apr 2026

India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.

Govt Extends SIM-Binding Deadline for WhatsApp, Telegram Till Dec 31

Govt Extends SIM-Binding Deadline for WhatsApp, Telegram Till Dec 31

Rediff.com2 Apr 2026

The Indian government has extended the deadline for implementing SIM-binding rules for mobile messaging apps like WhatsApp and Telegram to December 31, following requests from the industry. The Department of Telecom has also relaxed the mandatory six-hour log-out rule for web versions of these apps.

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

Rediff.com25 Mar 2026

The 515 Army Base Workshop (ABW) in Bengaluru has signed multiple MoUs to strengthen indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Rediff.com25 Mar 2026

The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

UP Police Inspector Dies Suddenly While on Duty in Etah

UP Police Inspector Dies Suddenly While on Duty in Etah

Rediff.com24 Mar 2026

A police inspector in Etah, Uttar Pradesh, died suddenly while on duty, with officials suspecting a cardiac arrest. The inspector was deployed for examination duty at the police lines when he fell ill and was declared dead at a medical college.

Pune Doctor Duped of 12.31 Crore in Online Share Trading Fraud

Pune Doctor Duped of 12.31 Crore in Online Share Trading Fraud

Rediff.com8 Apr 2026

A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Rediff.com17 Mar 2026

Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Banks 'resilient' but face stiff fund mobilisation competition

Banks 'resilient' but face stiff fund mobilisation competition

Rediff.com30 Dec 2025

The country's banking system, while remaining "resilient" with bad loans at over a decade low and strong capital buffers, will continue to face intense competition from non-bank sources for resource mobilisation, said the Reserve Bank of India's (RBI's) Trend and Progress of Banking in India 2024-25 report.

'India's Mettle Will Be Tested In Gulf War'

'India's Mettle Will Be Tested In Gulf War'

Rediff.com30 Mar 2026

'India's ties with Israel have to do with defence and general technology.' 'The war changes nothing in what India and Israel hope to get from the relationship.' 'It's not as though India will get significantly more benefits from Iran if India abandons Israel at this time.'

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

Interpol Warns of Soaring Financial Fraud Fueled by AI

Interpol Warns of Soaring Financial Fraud Fueled by AI

Rediff.com16 Mar 2026

Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.

Compensation: What Digital Fraud Victims Must Know

Compensation: What Digital Fraud Victims Must Know

Rediff.com23 Mar 2026

Customers will qualify for compensation even if they mistakenly share the OTP.

Can't treat compliance as a quarter-end activity: RBI DG

Can't treat compliance as a quarter-end activity: RBI DG

Rediff.com13 Jan 2026

Banks cannot treat compliance as a quarter-end activity, and must have stronger operational discipline and data governance throughout the year, Reserve Bank of India (RBI) Deputy Governor Swaminathan J said in a speech at the Third Annual Global Conference of the College of Supervisors.

Iran launches fresh strikes on US bases

Iran launches fresh strikes on US bases

Rediff.com7 Mar 2026

The IRGC said the barrage targeted several US military facilities in the region, including bases at Sheikh Isa in Bahrain, Juffair in Bahrain, Ali al-Salem in Kuwait and Al Azraq in Jordan.

Karnataka bans social media for children under 16

Karnataka bans social media for children under 16

Rediff.com6 Mar 2026

Karnataka Chief Minister announces a ban on social media for children under 16 and increased measures to prevent drug abuse in schools, colleges, and universities, alongside investments in education infrastructure and mental health support.

India unveils 'Prahaar', first national counter-terror policy

India unveils 'Prahaar', first national counter-terror policy

Rediff.com23 Feb 2026

The policy unveiled by the home ministry is based on seven key pillars to counter the terror threats emanating from India or abroad -- prevention, responses, aggregating internal capacities, human rights and "Rule of Law"-based processes.