CYBER RESILIENCE
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years. Technology disruption and geopolitical tensions are identified as primary concerns for the near future. Companies are prioritizing AI and predictive analytics to enhance supply chain resilience and managing risks.
From eastern airbase, Rajnath Singh calls for highest readiness
Defence Minister Rajnath Singh addressed air warriors at Bagdogra Air Force station regarding national security threats. He highlighted the need for armed forces to maintain high operational readiness amid complex security challenges. Singh noted that adversaries may exploit vulnerabilities through misinformation instead of direct confrontation.
Warfare now extends beyond borders to cyberattacks, drone swarms and information operations: Rajnath Singh
Defence Minister Rajnath Singh addressed the Indian Air Force personnel at Bagdogra airfield recently. He highlighted the complexities of modern warfare, which now includes cyberattacks and information operations. Singh warned that adversaries exploit vulnerabilities without direct conflict and spread misleading information via social media. He urged soldiers to maintain vigilance against emerging threats while emphasizing the importance of discipline and conduct.
AI turns cyber threat into boardroom crisis
In India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s digital certificate keys exposed websites to potential attacks.
Sebi eases KYC norms for NRIs, OCIs, allows digital onboarding from December 3
SEBI has relaxed KYC requirements for NRIs, OCIs and foreign nationals, allowing eligible overseas clients in FATF-compliant countries to complete onboarding digitally. The revised framework introduces video verification, electronic documents and simplified repeat KYC, effective December 3, 2026.
70% of global business leaders report rising risk exposure amid AI, geopolitical disruptions: KPMG
According to the report, 56% of respondents said external disruptions involving geopolitical, energy, cyber, trade or climate-related factors would cause severe operational disruptions or significantly affect their organisations' costs and performance over the next three to five years.
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These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
Quad ministers pledge over $85 million for AI access, flag economic coercion and supply chain risks
Quad foreign ministers meeting in Atlanta reaffirmed their commitment to a free and open Indo-Pacific, focusing on economic security, resilient supply chains and trusted infrastructure. They announced plans to provide over $85 million in technical and financial assistance for access to trusted super intelligence (SI), while pledging action against cyber scams and transnational criminal networks.
Largescale cyberattacks test the limits of insurance cover
While businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequately cover emerging cyber risks. The biggest question insurers are policyholders seem to be confronting is: who pays when a vulnerability exposes thousands of organisations to the same threat?
Why is the US Pentagon preparing for a 'doomsday' scenario? Inside America's plan to keep military bases running for 90 days without outside help
Major military bases are expected to maintain essential operations independently for at least 90 days. The reported requirements cover electricity, water, fuel and communications. The objective is to prevent military operations from being interrupted if civilian infrastructure becomes unavailable. Pentagon spokesperson Sean Parnell said military installations should not depend on standard civilian municipal infrastructure to operate national defence.
Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit Bharat
The government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner Suresh N Patel as its chairman. RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru and former RBI Deputy Governor N S Vishwanathan are among its members.
Is the world preparing for war? Why US, UK, Japan and Europe are ringing emergency alarm bells
World War 3 coming? Is the world preparing for war? The governments across the world in the US, UK, Japan and Europe are strengthening emergency preparedness amid rising geopolitical tensions, cyber threats and fears of conflict. Here's what their plans mean and whether the world is preparing for war.
Fintechs to lay out a code for technology vendors amid rising cyberthreats and security risks
Unified Fintech Forum is developing a framework to encourage best practices among technology service providers. This initiative aims to improve cybersecurity preparedness and operational resilience in the fintech sector. Banks and fintech companies increasingly rely on third-party vendors for various services and their failures can impact regulated entities. Registration with the Forum may provide these vendors with preference during selection by financial institutions.
Regional rural banks to set up cybersecurity centres, develop threat intel
Regional rural banks are set to improve their cyber security through the establishment of cyber security operations centres. They will also develop capabilities for vulnerability assessments and incident response as part of the reform agenda. The Financial Stability and Development Council plans to enhance cyber security measures following previous ransomware attacks. New initiatives will include implementing enterprise data warehouse solutions for better data management and reporting.
UK's 'Be Ready' campaign: Is Britain preparing for war amid Wes Streeting's warning over Putin's Russia threat?
The UK government has launched its ‘Be Ready’ campaign, urging households to stock up on food, water and other essentials to survive at least 72 hours during an emergency. The initiative comes as Defence Secretary Wes Streeting warns that Britain must be prepared for a potential war by 2030 amid growing concerns over Russia’s military capabilities.
After US's FORTRESS plan and UK's 'Be Ready' campaign, Japan issues advisory for households to prepare for emergencies. Here's all we know
In light of potential natural disasters such as earthquakes, Japan's government encourages its citizens to stock essential supplies for up to three days, emphasizing self-sufficiency during emergencies. Simultaneously, the UK has reintroduced its 'Be Ready' campaign to raise awareness about preparedness for various crises. The US Pentagon is also accordingly planning military bases for 90 days of self-sustainability, highlighting the crucial need for household readiness in unpredictable situations.
PayPal raises 2026 profit forecast as turnaround gains traction
PayPal has raised its annual profit forecast as a multi-year turnaround begins to take effect. The company anticipates achieving significant cost savings through workforce reductions and operational efficiencies. Consumer spending remains strong despite economic challenges, aiding growth in payment volume. Additionally, PayPal expects adjusted profits in the upcoming holiday quarter to exceed Wall Street expectations. The focus on transformation under new leadership aims for sustainable profitability.
Rogue AI agents exposing India’s data law blindspots
As companies edge closer to the May 2027 enforcement deadline for the Digital Personal Data Protection (DPDP) law, AI’s emerging cybersecurity risks are creating tension over what might constitute adequate compliance just six to seven months from now.
RBI data centre to strengthen payment systems, cyber resilience
The Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on third-party cloud providers. Prime Minister Narendra Modi also inaugurated a cybersecurity training institute, which will develop expertise in emerging technologies. The data centre will support critical systems like RTGS and NEFT for efficient financial transactions.
Operation Sindoor proved no target beyond IAF' s reach; air power remains India's primary responder, says Air Chief Marshal AP Singh
Air Chief Marshal AP Singh detailed the Indian Air Force's Operation Sindoor in a recent interview. The operation involved precision strikes responding to a terror attack, showcasing effective capability and integration. Singh emphasized the importance of maintaining multiple operational options and adapting to enemy tactics. He outlined future enhancements needed in various military domains for sustained effectiveness.
eMudhra’s security lapse highlights need for homegrown technology to meet global standards
eMudhra's private-key leak reveals serious vulnerabilities within India's digital trust architecture and certification processes. The incident exposes weaknesses in the handling of cryptographic keys and compliance audits, raising trust issues. Many Indian citizens use outdated devices that may not receive necessary security updates for compromised certificates. As digital infrastructure evolves, the country must ensure stronger competitive practices and resilience against future threats.
FSDC stresses on vigilance, reforms amid global uncertainty & AI boom
Finance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining financial stability amidst looming geopolitical tensions and fluctuating global bond yields. Key topics included fostering a robust domestic investment climate, ensuring effective capital movement for reform, and addressing cybersecurity needs within the financial sector.
RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economy
India's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures have intensified due to geopolitical tensions and supply-side bottlenecks. The RBI reported an increase in both industry and services indicators, showcasing economic strength. The IMF has revised India's growth projection for 2026-27 to 7% based on resilient domestic demand. Global financial volatility has increased amid global challenges and rising inflation risks.
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor
RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.
India to build vibrant Civil Defence network with first-of-its-kind joint training initiative with Indian Army
India is set to develop a Civil Defence network with a joint training program involving the Indian Army. This initiative will initially provide specialised training for 600 Master Trainers across 12 states and Union Territories. The training will focus on threat awareness, emergency response, and communication modules. Following this, Master Trainers will train 100 Civil Defence volunteers each in their areas.
PSBs step up AI adoption, cyber resilience under EASE₹ise 8.0 reforms
Public sector banks in India are focusing on adopting artificial intelligence and enhancing cyber security measures. They are modernizing their banking systems to ensure better customer service and financial inclusion. The efforts outlined in the EASE₹ise 8.0 Annual Report aim to strengthen the resilience of these banks. Additionally, banks are developing frameworks to assess climate-related risks and improve accessibility for various groups.
European Donald on a mission to mould ties with India
Poland's Prime Minister Donald Tusk is visiting India to enhance strategic partnerships in trade and technology. The visit includes talks with Prime Minister Narendra Modi regarding security and economic collaborations. Business programs in New Delhi and Bengaluru are planned to stimulate investment and innovation. Both countries aim to develop a trade roadmap targeting $10 billion and address market barriers.
Cognizant, Google Cloud expand partnership to drive agentic AI adoption
The group brings together a dedicated global workforce that pairs Google's full-stack, enterprise-ready AI platform with Cognizant's domain, industry and engineering expertise as an AI-builder, according to a release.
Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warns
Cyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine market confidence, the International Monetary Fund (IMF) has warned, identifying cyber threats as a growing systemic risk as financial services become increasingly digital and interconnected.
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