India’s BFSI sector faces major cyber threats in 2025: AI, deepfakes, quantum risks and more

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India’s Banking, Financial Services, and Insurance (BFSI) sector bore the brunt of cyberattacks in 2024, accounting for one in every five reported incidents, according to the Economic Survey 2025. And experts warn—this may only be the beginning.

A new report by the Ministry of Electronics and Information Technology (MeitY) signals a stark warning: the threats looming over the BFSI sector in 2025 will be more sophisticated, elusive, and widespread than ever before.

Launched on Monday, the Digital Threat Report 2024—prepared by CERT-In, CSIRT-Fin,…



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India’s BFSI sector faces major cyber threats in 2025: AI, deepfakes, quantum risks and more


India’s Banking, Financial Services, and Insurance (BFSI) sector bore the brunt of cyberattacks in 2024, accounting for one in every five reported incidents, according to the Economic Survey 2025. And experts warn—this may only be the beginning.

A new report by the Ministry of Electronics and Information Technology (MeitY) signals a stark warning: the threats looming over the BFSI sector in 2025 will be more sophisticated, elusive, and widespread than ever before.

Launched on Monday, the Digital Threat Report 2024—prepared by CERT-In, CSIRT-Fin,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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