BUSINESSEconomic Times Industry ยท 15 hours agoLive
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.
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