RBI indicates increase of cyber crime by 4.4% from 13,083 in 2014-15, to 13,653 in 2016-17
New Delhi : As per data reported by the Reserve Bank of India (RBI), the number of cyber crime pertaining to credit card, ATM, debit card and Internet banking shows a marginal increase of 4.4% from 13,083 in 2014-15, to 13,653 in 2016-17.
RBI has issued Cyber Security Framework for Banks, mandating banks to put in place a Board-approved cyber-security policy, which covers the risks from cyber threats and the measures to address/ mitigate these risks.