Cyber Risk Management

Vasant Chintaman Joshi () and Lalitagauri Kulkarni ()
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Lalitagauri Kulkarni: Gokhale Institute of Politics and Economics

Chapter Chapter 7 in The Future of Indian Banking, 2022, pp 71-82 from Springer

Abstract: Abstract The rise in mobile banking and use of online services has increased the risk of cyber crimes. Having legal remedies facilitates bringing in the state machinery for dealing with such crimes. The various acts do work to some extent in preventing the nefarious acts. The race to develop security measures and being ahead of the perpetrators is one kind of challenge the banks have to meet. On the other hand, through periodic tests, being vigilant about employee discontent and learning from experience of others are the steps that banks can take to build up their resilience.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-9562-9_7

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DOI: 10.1007/978-981-16-9562-9_7

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