RBI tests banks' cyber security... by hacking into their systems

Image Source: Article

Image Source: Article

Cyber crime, data theft and online fraud have been on the rise in the past few years globally and many experts fear that with the push on Digital India, such incidents are to happen more in the country. To make sure whether banks in India are prepared to face such challenges or not, Reserve Bank of India (RBI) has opted to use ethical hacking to test the cyber security vulnerabilities of banks and has unearthed shortcomings in four state-owned banks, reports the Economic Times.

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