The Reserve Bank of India’s (RBI) cybersecurity report reveals that the average data breach cost in India reached $2.18m in 2023, up 28% since 2020. Phishing and stolen credentials were the predominant forms of attack, with the automotive sector most vulnerable. Measures to increase India’s digital security were also highlighted, including two-factor authentication and more customer control over card usage. Despite this, the digitalisation’s ‘invisible risks’ were noted.
M&S issues update as crippling nationwide IT outage still ongoing – The Sun
Marks & Spencer (M&S) halted online orders in the UK and Ireland following a cyber attack, leading to a 5% drop in share price. Physical
