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The Times of India

Politics / The Times of India

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Are banks cyber-ready? RBI seeks proof of compliance amid rising attacks

In light of increasing cyberattacks on financial institutions, the Reserve Bank of India has shifted its focus to enhancing cybersecurity protocols. Banks are now mandated to fortify their application programming interfaces to avert potential security breaches. Alarming recent incidents, such as data leaks and unauthorized transactions affecting leading banks, have raised concerns.

30 Oct 2026 3:54 pm