#Security Breach

As AI reshapes payments, security needs the industry in the room

Bank of Baroda faces alleged 1TB data leak

The bank has not issued a statement of any breach yet but the scale of the claim has triggered alarm among cybersecurity watchers.

Capillary Technologies hit by cyber fraud at overseas subsidiary

Capillary added it has recovered around Rs 4.9 crore and has identified additional funds while securing the freezing of related bank accounts.

India working on tighter regulations for VPN providers

The proposed framework could require VPN companies to establish a local presence in India, appoint compliance officers and designate officials to coordinate with government agencies.

Money & Machines: Federal's shift from co-brands to control; When AI turns hacker

The card strategy of the fintech-friendly Federal Bank; and on the AI front we write, as AI systems begin to autonomously find and exploit vulnerabilities, cybersecurity is entering a new phase.

India's payments boom meets a growing cybersecurity talent gap

As digital transactions hit record highs, a yawning cybersecurity skills gap threatens the infrastructure that hundreds of millions of Indians now depend on.

SEBI forms cyber task force amid concerns over AI vulnerability tools

The urgency to form the task force comes in the wake of Anthropic's controlled rollout of Mythos under a programme called Project Glasswing.

Exfinity Venture Partners books 13x returns with partial exit from CloudSEK

The partial exit was facilitated through a secondary sale to the company's existing investors.

PCI Security Standards Council ramps up India focus in first annual report

Indian and South Asian firms now have a more direct channel into how future PCI standards are drafted and revised.

How software security standards are reshaping India's payments landscape

The PCI Software Security Framework (SSF) – the global successor to legacy standard PA-DSS - helps organizations scale securely in fast-evolving payment ecosystems.

A payments scare and an AI funding reality check

In this Money & Machines edition, we write on how payments are scaling faster than the defences protecting them; and India AI ambitions looks skewed as homegrown VCs look west for conviction.

The Economics of Gandhi

In this edition of Money & Machines, we look to our Father of our Nation Mahatma Gandhi as the country remembered him on his birth anniversary on October 2.

Matters.ai bags seed funding led by Kalaari Capital, Endiya Partners

Better Capital, Carya Venture Partners, and major cybersecurity angel investors also participated in the funding round.

India's payments revolution faces a new test: Securing a growing ecosystem

The country has proven its ability to build and scale payment infrastructure at record speed. The bigger test now is whether it can replicate that success in security...

Rs 40 crore fraud due to technical glitch, not cybersecurity breach: MobiKwik

MobiKwik has already recovered Rs 14 crore. An FIR has been filed and over 2,000 merchant bank accounts have been frozen.

NPCI, Cred join PCI Security Standards Council's first India-South Asia regional engagement board

About 27 organisations, including NPCI, Cred, Axis Bank, HDFC Bank, SBI Cards, Google, and Zeta have joined as members of the 2025-26 board.

Crypto exchange CoinDCX loses $44 million in hack

The incident comes almost exactly a year after WazirX, then India’s largest crypto exchange, suffered a massive breach resulting in the loss of $230 million.

Razorpay partners MHA to boost cyber security around digital payments

Recent data from the National Cybercrime Reporting Portal reveals a sharp increase in digital fraud incidents across India, with over 7,000 complaints reported daily...

Timeline: WazirX’s Volatile Journey

The Head and Tale looks back at the volatile journey of WazirX and its founder Shetty to get a sense of how far the company has come and where it currently stands.