Indian banks are expected to increase cybersecurity spending due to rising online thefts and frauds. Currently, they spend significantly less on security compared to their global counterparts. The rapid digitalization, driven by the Unified Payments Interface, has unintentionally led to a surge in online frauds, making enhanced cybersecurity essential for maintaining consumer trust.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.