
BS editorial on the growing cyber risks–[1] But for customers, the concern is different. Such [ leaked ] information can make impersonation, phishing and other frauds more credible. [2] The risks extend beyond data theft. [3] RBI data shows digital payment frauds account for the largest number of cases of bank frauds. [4] India’s digital financial architecture has expanded rapidly. Its security framework must now evolve at the same pace.
