Cyber Security

Global professional services firm Deloitte has launched a state-of-the-art cybersecurity facility in Bengaluru aimed at helping organizations address rapidly evolving digital threats. The new center is designed to provide advanced cyber risk management, threat intelligence and incident response capabilities for enterprises operating in an increasingly complex digital environment. As businesses accelerate digital transformation and cloud adoption, cybersecurity risks have intensified across industries.

Cybersecurity researchers have raised alarms over the misuse of advanced artificial intelligence tools, revealing that attackers are exploiting popular AI systems as indirect malware proxies. Investigations indicate that platforms such as Microsoft Copilot and Grok have been manipulated to assist malicious workflows, not by design but through creative abuse of their capabilities.

Amid the escalating digitization of financial services, the Department of Financial Services (DFS) has raised an urgent red flag regarding the growing frequency and sophistication of cyberattacks targeting the Indian banking sector. Citing a marked rise in ransomware, phishing, and data breach incidents, the agency has urged banks and non-banking financial institutions to fortify their cybersecurity infrastructure.

Apple has once again prioritized user safety and privacy by introducing enhanced parental controls with the launch of iOS 26, iPadOS 26, macOS Tahoe 26, and other system updates. These new features are designed to give parents greater control over their children’s online experience, ensuring age-appropriate content and safeguarding their privacy. The company has built upon its existing tools, such as Screen Time and App Store parental controls, while also simplifying the management of Child Accounts.

India's social security coverage has seen a remarkable increase, rising to 64.3% in 2025 from just 19% in 2015, according to data from the International Labour Organization (ILO). This rapid expansion, covering over 94 crore citizens, has positioned India as the second-largest social protection provider globally. The government’s commitment to inclusive welfare policies, particularly under the 'Antyodaya' initiative, has been instrumental in this achievement.

The Securities and Exchange Board of India (Sebi) has introduced a new Unified Payments Interface (UPI) payment mechanism to strengthen the security and transparency of financial transactions within the securities market. Effective from October 1, 2025, all registered intermediaries will be required to implement this system, which aims to address rising concerns over fraudulent activities and impersonation. The new framework will include a revamped UPI address structure and a feature called "Sebi Check," allowing investors to authenticate intermediaries through verified UPI IDs.

In a bold stride toward safeguarding digital finance, India’s Department of Telecommunications (DoT) has rolled out the Financial Fraud Risk Indicator (FRI)—a data-driven, multi-stakeholder intelligence tool designed to proactively flag and mitigate mobile-linked cyber fraud. Embedded within the Digital Intelligence Platform (DIP), this initiative enables real-time sharing of risk assessments with banks, NBFCs, and UPI service providers.

TAC InfoSec Limited, a leading cybersecurity firm, has reported an impressive performance for the financial year 2024-25, with net profits more than doubling to Rs 14.8 crore, driven by a robust 160 percent year-on-year revenue increase. The company’s growth trajectory has been bolstered by strategic acquisitions, an expanding client base, and innovative solutions. With a presence in over 100 countries and over 3,000 clients, TAC InfoSec is positioning itself as a formidable player in the global cybersecurity space.

In an effort to enhance cybersecurity and cyber resilience within India's financial markets, the Securities and Exchange Board of India (Sebi) has categorized registered entities (REs) into four distinct groups based on their size and risk levels. This new framework, introduced in August 2024, aims to ensure better protection against cyber threats by imposing varying obligations on different entities.

Eugene Kaspersky, the cybersecurity pioneer and founder of Kaspersky Lab, has issued a grave warning about the growing threat of cybercriminals leveraging artificial intelligence (AI) to outpace defenders in the digital arena. Kaspersky highlighted that AI is enabling cyber attackers to innovate and collaborate at unprecedented speeds, making it increasingly difficult for traditional security measures to keep up.