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RBI slaps Rs 65 lakh penalty on bank for hacking breach | Hyderabad News

HYDERABAD: Reserve Bank of India (RBI) has imposed 65 lakh penalty on AP Mahesh Cooperative Urban Bank (APMCUB) for non-compliance of the Cyber Security Framework for Primary (Urban) Cooperative Banks. In January 2022, hackers had breached security systems of APMCUB and siphoned off 12.48 crore….

Source: m.timesofindia.comRead more

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