Business StandardCenter·
BoB steps up cyber defences after attack, tech spend to exceed 10%
State-run Bank of Baroda has scaled up its cybersecurity framework across technology, personnel, and operational processes following a July 2026 incident, with overall IT defence spending set to exceed 10 per cent of its operating profit, a senior official said. It is very difficult to estimate the exact jump in tech spending above normal thresholds at this point in time, its managing director and chief executive Debadatta Chand told PTI, adding that the July incident involving a compromised em…
Read at Business Standard →
