RBI is again worried about cyber attack...
RBI is again worried about cyber attack...
For the millions of people who own bank accounts nationwide, there is bad news. Cyberattacks on indian bank accounts are a possibility. In response to this threat, RBI has released a notice. The possibility of cyberattacks on bank accounts has prompted the Central bank to request that all banks be ready.
directives to banks to be available 24/7
The Reserve bank has instructed all banks to take proactive measures to detect and neutralize the danger at all times. The Reserve bank claims to have learned about the cyberattack via sources. The Central bank sent a letter on june 24 to all banks and financial institutions alerting them about this. As to the advisory, banks are requested to enhance their surveillance capabilities to promptly detect potential threats and expedite preventive measures.
This hacker group poses a threat.
The warning and caution from the Reserve bank coincide with a recent social media post alerting people to the risk to indian bank account holders. On june 24, the Reserve bank released the warning, and the same day, a social media post stated that a LulzSec cyber gang was planning to attack indian banks. Previously, LulzSec has been implicated in numerous well-publicized cyberattacks. The hacker collective LulzSec was thought to have dissolved, but new material has surdata-faced suggesting that it is once again active.
This amount of loss is sustained annually.
The risks associated with cyberattacks are likewise steadily rising in the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital economy. In the last 20 years, the financial industry has recorded more than 20,000 cyberattacks, resulting in the loss of more than 20 billion dollars, according to the Financial Stability Report the Reserve bank released this week. It can be inferred that there are approximately 1000 recorded occurrences of cyberattacks annually, resulting in an average loss of $1 billion.
For the millions of people who own bank accounts nationwide, there is bad news. Cyberattacks on indian bank accounts are a possibility. In response to this threat, RBI has released a notice. The possibility of cyberattacks on bank accounts has prompted the Central bank to request that all banks be ready.
directives to banks to be available 24/7
The Reserve bank has instructed all banks to take proactive measures to detect and neutralize the danger at all times. The Reserve bank claims to have learned about the cyberattack via sources. The Central bank sent a letter on june 24 to all banks and financial institutions alerting them about this. As to the advisory, banks are requested to enhance their surveillance capabilities to promptly detect potential threats and expedite preventive measures.
This hacker group poses a threat.
The warning and caution from the Reserve bank coincide with a recent social media post alerting people to the risk to indian bank account holders. On june 24, the Reserve bank released the warning, and the same day, a social media post stated that a LulzSec cyber gang was planning to attack indian banks. Previously, LulzSec has been implicated in numerous well-publicized cyberattacks. The hacker collective LulzSec was thought to have dissolved, but new material has surdata-faced suggesting that it is once again active.
This amount of loss is sustained annually.
The risks associated with cyberattacks are likewise steadily rising in the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital economy. In the last 20 years, the financial industry has recorded more than 20,000 cyberattacks, resulting in the loss of more than 20 billion dollars, according to the Financial Stability Report the Reserve bank released this week. It can be inferred that there are approximately 1000 recorded occurrences of cyberattacks annually, resulting in an average loss of $1 billion.