The rise in digitisation has increased the risk of cyber attacks and digital frauds, data breaches and operational failures, according to the Reserve Bank of India (RBI). In a report, the RBI called on banks and financial companies to improve risk management and tighten IT governance. The regulator warned of the use of mule bank accounts for digital fraud, which risk financial and reputational damage to banks.
Dangerous WhatsApp image scam: Cybercriminals hide malware, hack phone for OTP to empty bank account
A steganography scam has left a man from Jabalpur, India, 2 lakh rupees poorer after he downloaded an image sent to his WhatsApp. The scammers
