The Reserve Bank of India (RBI) has issued RBI audit requirements for cybersecurity to enhance the resilience of financial institutions against cyber threats. These guidelines are crucial for safeguarding sensitive data and maintaining trust in the banking system. With cyber risks growing more sophisticated, the RBI’s framework serves as a blueprint for robust protection. This
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In 2020, a major automotive company faced a massive cyberattack that disrupted its production for days. The attackers exploited vulnerabilities in the company’s systems and deployed ransomware that halted manufacturing lines. The company suffered millions of dollars in losses and reputational damage. This case was not isolated. As vehicles become more connected, the automotive industry
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In an era where digital banking is the norm, the financial sector faces unprecedented cybersecurity challenges. With increasing reliance on technology, banks must prioritize the protection of sensitive customer data and their own operational integrity. Regular cybersecurity audits for banks are essential for identifying vulnerabilities and ensuring compliance with regulatory standards. As cyber threats become
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