India’s Yes Bank says it is investigating thousands of unauthorised overseas transactions on Indian customer’s foreign exchange cards that inflicted losses of about $280,000 on 5000 customers.
The U.S. treasury has designated six Russia-linked individuals and entities for stealing and distributing proprietary hacking tools developed exclusively for use by U.S. government agencies.
The EU’s Digital Operational Resilience Act, better known as DORA, is more than a regulatory milestone for financial services. For chief information security officers, it represents a shift in accountability, visibility and operational expectations.