Cybersecurity

    Reporting on regulatory requirements, enforcement actions, and best practices to safeguard financial institutions and markets against cyber threats, data breaches, and vulnerabilities through proactive measures.

    Payments & Settlements

    India, Israel Explore UPI Linkage, Deepen Cooperation in AI and Cybersecurity

    By Nithya Subramanian | 02/03/2026

    The two countries agree to examine interoperability between India’s UPI and Israel’s fast payment system, while accelerating collaboration in AI, cybersecurity and free trade talks.

    AI Risk & Governance

    Financial Services Fundamentally Shifting to Agentic AI - Report

    By Manesh Samtani | 01/03/2026

    Report from Google Cloud says new protocols will enable agent-to-agent communication and payments, transforming compliance, security, and customer service.

    Cybersecurity

    RBI Scrutinises YES Bank Over Forex Card Security Breach

    By Nithya Subramanian | 27/02/2026

    The RBI has summoned senior executives after unauthorised transactions linked to a data security lapse which affected about 5,000 prepaid forex card customers.

    Cybersecurity

    BSP to Mandate Annual Cybersecurity Self-Assessments for Banks

    By Sanday Chongo Kabange | 27/02/2026

    New rules will require financial institutions to measure their cyber maturity against a new framework and report annually to the BSP.

    Payments & Settlements

    Apple in Talks with Indian Banks for Mid-2026 Payments Launch

    By Manesh Samtani | 27/02/2026

    The move would see Apple Pay integrate with India's UPI payments system, following new central bank rules on biometric authentication.

    Fraud, Scams & Cybercrime

    AI-Powered Tools Are Supercharging Asian Scam Networks: C4ADS

    By Nithya Subramanian | 27/02/2026

    Criminal networks are leveraging advanced AI translation, chatbot and monitoring tools to expand and streamline global scam operations, a new report by C4ADS warns.

    Operational Risk

    New Zealand FMA Flags Resilience Gaps in Crowdfunding Sector

    By Sanday Chongo Kabange | 27/02/2026

    New Zealand’s FMA has called for stronger governance and risk management following a thematic review of crowdfunding service providers.

    Cybersecurity

    Cybersecurity Researchers Discover Publicly-Exposed KYC Data at ID Verification Firm

    By Sanday Chongo Kabange | 27/02/2026

    An unsecured database linked to a global digital identity verification provider has exposed sensitive customer data from 26 countries.

    Fraud, Scams & Cybercrime

    Korea Reports Voice Phishing Decline, Pivots to Fight New Digital Scams

    By Nithya Subramanian | 27/02/2026

    For four consecutive months, financial losses have dropped, but authorities are now targeting fraud on social media and messaging apps.

    Emerging Prudential Risks

    BCBS Consults on New Consolidated Framework for Banking Guidelines

    By Manesh Samtani | 27/02/2026

    The move aims to consolidate and streamline existing materials, cutting volume by 75%, without introducing new prudential expectations for banks.

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