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Cyber Risk Management

In: The Future of Indian Banking

Author

Listed:
  • Vasant Chintaman Joshi
  • Lalitagauri Kulkarni

    (Gokhale Institute of Politics and Economics)

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.

Suggested Citation

  • Vasant Chintaman Joshi & Lalitagauri Kulkarni, 2022. "Cyber Risk Management," Springer Books, in: The Future of Indian Banking, chapter 0, pages 71-82, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-9562-9_7
    DOI: 10.1007/978-981-16-9562-9_7
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