InfoSecBulletin Cybersecurity for mankind
The Reserve Bank of India fined Visa 24.1 million rupees (nearly $288,000) for using an unauthorized payment transfer system. The central bank made this announcement on Friday (July 26).
“It was discovered that the entity (Visa) had implemented a payment authentication solution without regulatory clearance from the RBI,” the central bank said in a statement, without providing any specifics on the violation.
DESCO faces cyber attack: Customers Data Breach
By infosecbulletin
/ Tuesday , September 17 2024
A recent dark web scan revealed that customer data from Dhaka Electric Supply Company Limited (DESCO) has been exposed. The...
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Alert! Google Fixes GCP Composer Flaw
By infosecbulletin
/ Monday , September 16 2024
Tenable Research found and fixed a remote code execution (RCE) vulnerability, called CloudImposer, in Google Cloud Platform (GCP). This flaw...
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CTF in Bangladesh: Unveiling Challenges, Opportunities and remedies
By infosecbulletin
/ Sunday , September 15 2024
In this article, we won’t dive too deep into the technical aspects of Capture The Flag (CTF) competitions. Instead, we...
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Bitdefender blog post
Medusa target Fortinet flaw (CVE-2023-48788) for Ransomware Attacks
By infosecbulletin
/ Sunday , September 15 2024
A recent Bitdefender report reveals that Medusa is still actively attacking and has created a notable presence on both the...
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Ivanti alerts ongoing exploitation of recently patched CAV
By infosecbulletin
/ Saturday , September 14 2024
Ivanti warned that a recently fixed security flaw in its Cloud Service Appliance (CSA) is being actively exploited. CVE-2024-8190 is...
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CISA unveils 25 new advisories for Industrial Control Systems
By infosecbulletin
/ Saturday , September 14 2024
CISA issued 25 ICS advisories on September 12, 2024, detailing current security issues, vulnerabilities, and exploits in Industrial Control Systems....
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Intel Issues Alert on 20+ Vulnerabilities, Urges Firmware Updates
By infosecbulletin
/ Friday , September 13 2024
Intel announced over 20 vulnerabilities in its processors and products in security advisories released on Tuesday. The chip giant has...
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Urgent: GitLab Patches flaws allowing unapproved pipeline Job Execution
By infosecbulletin
/ Friday , September 13 2024
GitLab released security updates on Wednesday to fix 17 vulnerabilities, including a critical issue that lets attackers run pipeline jobs...
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Fortinet admits data breach after hacker claims to steal 440GB
By infosecbulletin
/ Friday , September 13 2024
Fortinet confirmed a data breach after a threat actor claimed to have stolen 440GB of files from its Microsoft SharePoint...
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Gov.t issues high alert on android devices
By infosecbulletin
/ Thursday , September 12 2024
Indian Computer Emergency Response Team (CERT-In) issued a high-severity alert for android devices on September 11, 2024 highlighting the vulnerabilities...
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The statement further read, “We duly acknowledge the RBI order and remain committed to following RBI guidelines and regulations to continue providing safe and secure payment solutions in India.”
According to Reuters, the RBI ordered the credit card business in February to stop using an unauthorized method for specific commercial payments.
In February, Visa and Mastercard were reported to have paused intermediate commercial card payments in India following an RBI directive. The central bank instructed the companies to halt domestic transactions for business payment solution providers (BPSPs).
“Visa received a communication from the RBI on February 8, in what appears to be an industry-wide request for information on the role of business payment solution providers (BPSPs) in commercial and business payments,” a Visa India spokesperson told Reuters at the time.
PayU, a digital financial services provider, got approval from the RBI to operate as a payments aggregator. This means PayU can now onboard new merchants. PayU Payments offers digital payment solutions designed for the Indian market, catering to eCommerce brands, banks, and consumers.
