AI is speeding up cyberattacks. How prepared are Indian banks?
The Economic Times · ET Prime ·
Official warnings about AI-driven attacks resulting in unauthorised fund transfers or access begs a question: How good is the financial sectors cyber preparedness? Spending on technology tells us how much banks have committed to this, but assessing protection needs evidence about detection, recovery, and the controls governing outside partners. For depositors and shareholders, understanding this is becoming crucial.
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