After the UCO Bank incident, the Finance Minister gave advice to PSU banks, suggested further strengthen cyber security
Union Finance Minister Nirmala Sitharaman has asked all public sector banks of the country to review the systems and processes related to their digital activities. This statement of the Finance Minister is related to the recent incident that happened at UKO Bank. Let us tell you that UCO Bank had recently credited Rs 820 crore to the accounts of some of its account holders by mistake.
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