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.

Sonatype reports rise in open source malware to 17,954
The 1Q 2025 Open Source Malware Index from Sonatype revealed that open source malware packages doubled compared to the same period last year, with 56%