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Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

Evolve Bank & Trust Data Breach: Customer Info Exposed
Evolve Bank & Trust Data Breach: Customer Info Exposed

Excerpt from Mercury Bank Article, Published on July 29, 2024. Evolve Bank & Trust recently experienced a data breach that compromised customer information. Over the past several weeks, an investigation has been conducted to understand the extent of the security...

Healthcare Data Breach Risk: 25% Files Exposed
Healthcare Data Breach Risk: 25% Files Exposed

Excerpt from India Technology News Article, Published on July 31st, 2024 Healthcare organizations are increasingly at risk of data breaches, as revealed by Metomic’s latest report, "Healthcare Data Crisis – Uncovering the Alarming Gaps in Data Security and...

NSE Warns Suzlon for Non-Compliance with Disclosure Norms
NSE Warns Suzlon for Non-Compliance with Disclosure Norms

Excerpt from Business Standard Article, Published on July 31st, 2024 The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure norms. The letter, dated July 29, 2023, highlights that Suzlon...

TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026
TOP 9 RISK ASSESSMENT TOOLS FOR BUSINESSES IN 2026

Risk assessment helps businesses improve their security and see potential threats to their compliance systems. It also figures out how bad the risk is and how it can affect business processes. Risk assessment tools allow a group to look at and deal with risks. So, it...

India Data Breaches Cost $2.18M in 2023: RBI Report

Excerpt from Business Standard Article, Published on July 29, 2024 In 2023, the average cost of data breaches in India reached $2.18 million, reflecting a 28% increase since 2020, as reported in the Reserve Bank of India's (RBI) Currency and Finance report for...

RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance
RBI Fines Ola, Visa, Manappuram Finance for Non-Compliance

Excerpt from Mint Article, Published on July 29, 2024 The Reserve Bank of India (RBI) has imposed significant fines on payment system operators Visa Worldwide, Ola Financial Services, and Manappuram Finance for deficiencies in regulatory compliance. The central bank...

BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong
BMW Data Breach Exposes 14,000 Customers’ Info in Hong Kong

Excerpt from The Cyber Express Article, Published on July 26, 2024 In a significant blow to data privacy, BMW has reported a major data breach affecting approximately 14,000 customers in Hong Kong. The BMW data breach, first flagged to the Office of the Privacy...

RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance
RBI Cancels Mahabhairab Cooperative Bank Licence for Non-Compliance

Excerpt from Live Law Article, Published on July 26, 2024 The Reserve Bank of India (RBI) has cancelled the banking licence of Mahabhairab Cooperative Urban Bank Ltd., based in Tezpur, Assam, due to financial non-compliance. Effective from the close of business on...

SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)
SECURITY AND COMPLIANCE: WHAT EVERY BUSINESS NEEDS TO KNOW (2026)

These days, businesses mostly talk about security and safety. Because cyber threats are becoming more common, companies must ensure security and follow the rules. Even though we used to talk about these two ideas together, they are not the same. To sum up, security...

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