Various measures have been taken by the government to strengthen cyber security in the financial sector https://www.taxtmi.com/news?id=37673 Government and financial-sector regulators have established coordinated reporting and technical controls to strengthen cybersecurity for digital financial transactions: MHA's Indian Cyber Crime Coordination Centre and national reporting portal route cybercrime reports to law enforcement; a citizen financial fraud reporting system and suspect registry have been launched with banks. RBI issued Master Directions on Digital Payment Security Controls and promoted the AI tool MuleHunter for money-mule identification. NPCI implements device binding, two-factor authentication, transaction limits and provides AI/ML fraud monitoring; banks run awareness campaigns. en-us Tue, 18 Mar 2025 17:29:41 +0530 Tue, 18 Mar 2025 17:29:40 +0530 TaxTMI RSS Generator Various measures have been taken by the government to strengthen cyber security in the financial sector https://www.taxtmi.com/news?id=37673 Government and financial-sector regulators have established coordinated reporting and technical controls to strengthen cybersecurity for digital financial transactions: MHA's Indian Cyber Crime Coordination Centre and national reporting portal route cybercrime reports to law enforcement; a citizen financial fraud reporting system and suspect registry have been launched with banks. RBI issued Master Directions on Digital Payment Security Controls and promoted the AI tool MuleHunter for money-mule identification. NPCI implements device binding, two-factor authentication, transaction limits and provides AI/ML fraud monitoring; banks run awareness campaigns. News - Tue, 18 Mar 2025 17:29:41 +0530 https://www.taxtmi.com/news?id=37673