bad

Risks from ‘bad bots’ rising for banks

Risks from ‘bad bots’ rising for banks

by

Financial services was one of the worst-affected industries by sophisticated bot traffic last year, according to US cyber security software company Imperva, which released its annual bad-bot report in April. Bad bots — software applications running automated tasks with malicious intent over the internet — accounted for 25.6% of all website traffic in 2020, according to … Read more

India plans ‘bad bank’ to tidy up struggling banking sector

India plans ‘bad bank’ to tidy up struggling banking sector

by

Indian finance minister Nirmala Sitharaman announced a huge $500bn budget on February 1, focused on healthcare and infrastructure and aimed at boosting the country’s Covid-19 ravaged economy. During her speech, she also committed the Indian government to forming a ‘bad bank’, in an attempt to tidy up the country’s struggling banking sector. India’s banks entered … Read more