The RBI has instructed banks and payment institutions to incorporate the telecom department's (DoT) financial fraud risk indicator (FRI) into their systems in light of the increasing number of cybercrimes. The RBI guideline, released on June 30, seeks to use cutting-edge technologies to combat cybercrime. The DoT hailed
According to cybersecurity researchers, they have recently discovered a vast database that contains over 16 billion usernames and passwords, rendering it the most significant data exposure in history. As per recent reports, the passwords that were revealed were probably created by several thieves who stole usernames and passwords using different
A memorandum of understanding (MoU) has been struck by the US and India to strengthen collaboration in cybercrime investigations. The MoU would enable the two nations to "step up" collaboration and training with relation to employing digital forensics and cyber threat intelligence for criminal investigations, according to a
As per the recent media reports, the Reserve Bank of India (RBI) is developing an AI-enabled system that will alert people in real time about financial scams. An AI-based warning system would identify suspicious transactions as they are going to be made, and individual banks will access a central bank
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The digital world has made our life easier and faster. Nowadays, anything is possible with just a click or a touch. It wouldn't be wrong to say, that our life revolves around the internet. Every business, organisations, and companies are on the internet. However, with the increase in
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One of the major reasons for the growth of the world economy as a whole throughout this 21st century is the East Asian countries. Comprising mainly of countries like China, Taiwan, and South Korea, these countries have revolutionized the world through their innovative processes in the world of manufacturing and