Business News›Tech›Newsletters›Morning Dispatch›Fintechs fortify cyber defences; Logistics cos in the speed lane
Morning Dispatch |
Fintechs fortify cyber defences; Logistics cos in the speed lane
Want this newsletter delivered to your inbox?
I agree to receive newsletters and marketing communications via e-mail
Thank you for subscribing to Morning Dispatch
We'll soon meet in your inbox.
Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.
Also in the letter:
■ Electric two-wheeler sales
■ AI liability rules
■ E-consent services
Digital payments companies such as PhonePe, Razorpay, Cashfree and PayU are accelerating cybersecurity upgrades and automating defences as AI-powered attacks become faster and more sophisticated, executives told ET.
What's changing: Fintechs are shifting from preventing intrusions to detecting and containing breaches before customer data or funds are compromised. Cashfree says attempted attacks have increased at least tenfold from a year ago.
Company playbook: PhonePe assesses transaction risks within milliseconds and can hold suspicious settlements or reroute payments. Cashfree is accelerating security fixes and isolating compromised systems, while PayU uses…