Science/Tech / The Economic Times
The Reserve Bank of India advocates for risk-based supervision and AI-aware defenses to combat escalating online fraud and bolster cybersecurity within the financial sector. The increasing reliance on digital services and third-party providers amplifies cyberattack risks, necessitating robust security measures. Strengthening Security Operations Centers and adopting zero-trust approaches are crucial for maintaining financial stability and trust.
Honda has achieved a successful launch and landing test of its reusable rocket prototype. This marks a significant step towards their goal of suborbital spaceflight by 2029. The test took place at Honda's facility in Taiki, Japan. Honda aims to contribute to satellite launches and related services. Other companies like SpaceX and Toyota are also investing in reusable rocket technology.
The Enforcement Directorate (ED) is poised to investigate Gensol Engineering Ltd's promoters for alleged fund diversion and financial misconduct, following a SEBI report detailing violations and misuse of loan funds. The ED has also frozen additional shares linked to the Mahadev betting app scam, tracing them to a Dubai-based hawala operator.
Indian Institute of Science proposes developing 'angstrom-scale' chips using 2D materials like graphene, aiming to surpass current silicon-based technologies. Submitted to the government, the project seeks 500 crore over five years to establish indigenous next-generation semiconductor technology. With global interest growing in 2D materials, India aims to secure a leadership position in this post-silicon era.