Cyber-heist spotlights India IT sector

Cyber-heist spotlights India IT sector

Reuters: A breach of security at two payment card processing companies in India has reopened questions on the risks of outsourcing financial services to the Asian nation.

Global banks that ship work to be processed in India, either in-house or to big IT services vendors, were already under pressure to step up oversight of back-office functions after a series of scandals last year.

 

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