E-Banking and Cyber Crimes in Indiae-bankingm-bankingE-banking is one of the paramount booms in the last 15 years for the Indian economy. Indian banking sector is undergoing plethora of reforms including legal, fiCharan, AmitaSocial Science Electronic Publishing...
He added that cyber related crimes are relatively a new phenomenon in Rwanda, saying that the existing cases remain a threat to the national economy and development. The governor said that Rwandan banking sector is working on creating a secure investment environment for financial sector to thrive a...
Ultimately, the motivation behind attacks has been money and in minority of the cases geo-political disruption. Also, cyber criminals are becoming more knowledgeable with the mechanics the financial sector operates in, and subsequently are utilizing specialist tools and services to conduct their crimes....
Financial technology in the Finnish banking sector and its impact on stakeholders in the wake of COVID-19 Nonetheless, the unpredictable factors, such as the ongoing COVID-19, can influence the future innovation and adoption of FinTech.doi:10.22495/rgcv11i1p1Shab HundalTaisiia ZinakovaRisk Gove...
Generative AI can lead to rise in threats to cybersecurity: Flipkart to Parliament Committee On the other hand, RBI informed the Committee that AI is being used in the banking sector to monitor the “volume, value and velocity of each transaction” for fraud detection. ...
NAIROBI, Dec. 11 (Xinhua) -- Kenyan authorities on Tuesday called on all stakeholders in financial and banking sector institutions to join efforts to strengthen the fight against mobile money fraud and cybercrime. Noordin Haji, director of Public Prosecutions said collaborative efforts are crucial ...
A number of countries base their mutual legal assistance regime on the principle of “dual criminality”.63 Investigations on a global level are generally limited to those crimes that are criminalized in all participating countries. Although there are a number of offences – such as the distribution...
The incident stressed the importance of securing financial networks and highlighted the potential for significant financial loss in the banking sector. The Marriott International Breach (2018): This incident exposed the data of approximately 500 million guests. Hackers had unauthorized access to the ...
Cyber crime is an evolving field of study, and unfortunately, there is no dearth of people interested in perpetrating cyber crimes. In the United States, there are numerous federal and state agencies that may deal with cyber crimes, depending on factors such as the suspected originating location...
The banking sector, government agencies, financial institutions, military, and other authorized institutions possess sensitive information that is stored on computers and transmitted via networks. With the rise in cyberattacks and future cyber security threats, it has become imperative to protect these da...