RBI Tightens Cyber Checks on Lenders
India's central bank has warned lenders of rising cyberattacks and demanded proof of compliance with security rules. The increased vigilance follows a surge in security incidents involving APIs and AI-related threats.
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India's central bank has demanded stricter cybersecurity compliance from lenders, pressing institutions for proof of readiness against AI-driven threats. The Reserve Bank of India stepped up its oversight as financial institutions face an escalating wave of cyberattacks globally. Regulators worldwide are racing to contain vulnerabilities in digital infrastructure as hackers deploy advanced AI tools.
