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.

Singapore: Health Sciences Authority launches public consultation on the Best Practices Guide for Medical Device Cybersecurity
The Health Sciences Authority (HSA) has revealed its Best Practices Guide for Medical Device Cybersecurity. The guide provides advice for pre-market and post-market stages of