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.
SonicWall patched SSLVPN Vuln Allowing Firewall Crashing
By infosecbulletin
/ Thursday , April 24 2025
SonicWall has revealed a vulnerability in its SonicOS SSLVPN Virtual Office interface that could let remote attackers crash firewall appliances....
Read More
GitLab Releases Security Update For Multiple Vulns
By infosecbulletin
/ Thursday , April 24 2025
GitLab has announced a security advisory urging users to upgrade their self-managed installations right away. Versions 17.11.1, 17.10.5, and 17.9.7...
Read More
ISPAB president “whatsapp” got hacked via phishing link
By infosecbulletin
/ Wednesday , April 23 2025
Imdadul Haque, the president of Internet Service Provider of Bangladesh (ISPAB) said, I automatically got back my WhatsApp account. What...
Read More
Zyxel released patches 2 vulns in its USG FLEX H series firewalls
By infosecbulletin
/ Wednesday , April 23 2025
Zyxel Networks has issued critical security patches for two high-severity vulnerabilities in its USG FLEX H series firewalls. These flaws...
Read More
South Korea’s largest SK Telecom Hit by Malware: SIM-related info leaked
By infosecbulletin
/ Wednesday , April 23 2025
South Korea's largest mobile operator, SK Telecom, is warning that a malware infection allowed threat actors to access sensitive USIM-related...
Read More
ChatGPT Develops Exploit for CVEs Before Public PoCs Share
By infosecbulletin
/ Wednesday , April 23 2025
Security researcher Matt Keeley showed that artificial intelligence can now develop working exploits for critical vulnerabilities before public proof-of-concept (PoC)...
Read More
TP-Link Router Vulns Allow to Execute Malicious SQL Commands
By infosecbulletin
/ Tuesday , April 22 2025
Several vulnerabilities have been found in TP-Link routers, exposing users to serious security risks from SQL injection flaws in their...
Read More
SSL.com’s domain validation system’s bug found: Hacker exploited
By infosecbulletin
/ Tuesday , April 22 2025
SSL.com has revealed a major security flaw in its domain validation system, which could enable attackers to acquire fake SSL...
Read More
Amazon Follows Microsoft’s Lead, Halts Some Data Center Deals
By infosecbulletin
/ Tuesday , April 22 2025
Amazon has paused some data center lease negotiations for its cloud division, particularly in international markets, according to Wells Fargo...
Read More
Hackers Exploit Zoom’s Remote Control Feature for System Access
By infosecbulletin
/ Monday , April 21 2025
ELUSIVE COMET is a threat actor conducting a sophisticated attack campaign that uses Zoom's remote control feature to access victims'...
Read More
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.
