Muthoot Microfin Increases IT Spending by 40% Amid AI-Driven Cyber Threats, Transforming Rural Demand | Today’s news
The investment comes at a time of heightened concerns about cyber security. On November 4, India’s Cyber Crime Coordination Center (I4C), under the Union Ministry of Home Affairs, and India’s Cyber Threat Response Team (CERT-In), under the Ministry of Electronics and Information Technology (MeitY), warned banks, non-banking financial companies (NBFCs) and fintech firms of escalating AI-assisted cyber attacks.
