Tag: Financial Crime
Indian Banking Fraud Surges as 84% of Leaders Report Higher Losses: BioCatch
A new BioCatch survey paints a stark picture of India’s banking fraud landscape, with 84% of banking leaders reporting rising fraud losses over the past year, up sharply from 57% in the previous survey. The findings suggest that AI-driven fraud, instant-payment scams and deepfakes are intensifying pressure on banks already grappling with faster and more sophisticated attacks.
The survey, which covered 100 fraud management, financial...
Trustworthy Autonomy: The Next Frontier in Enterprise Operations
By Vijeth Shivappa
Enterprises today operate with 15–30 siloed monitoring and observability tools across IT, networking, and security. Yet despite this arsenal, teams still face persistent operational failures that no amount of tooling has resolved. Alert fatigue from uncorrelated signals that overwhelm analysts without producing actionable insight.
Inaccurate CMDBs that fail to reflect real-time infrastructure state, undermining every downstream decision.
Mean Time to Resolution (MTTR)...
The Growing Importance of AML Software in Banking
By Vijeth Shivappa
In today's fast-paced financial environment, the risk of financial crimes such as money laundering has significantly increased. Financial institutions face immense pressure...
₹3 Cr Scam: Fake Trading Apps Busted in Navi Mumbai
The Navi Mumbai Cyber Police have arrested two individuals for their role in a sophisticated ₹3 crore online trading scam that defrauded victims through...
