When Airports Go Dark: Insights from the Collins Aerospace Ransomware Incident

On September 20, 2025, European air travel faced one of its most significant technology-driven crises in recent memory. A ransomware attack on Collins Aerospace, a key third-party provider of aviation software, disrupted operations across multiple major airports, including London Heathrow, Brussels, Berlin Brandenburg, Dublin, Cork and London City. The attack resulted in flight delays, cancellations,…

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Climate Risk and Indian Agriculture: Why Crop Insurance Must Evolve Into a Full Risk Management System

In July 2025, large parts of Punjab faced devastating floods that submerged paddy fields, washed away infrastructure, and disrupted rural livelihoods. For a state often described as India’s “grain bowl,” this was more than a natural disaster, it was a financial crisis. Banks and cooperative societies braced for repayment delays, traders saw working capital dry…

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Managing Reputational Risks: A Survival Blueprint for BFSI, Corporates, and SMEs

In an era where information travels faster than strategy, reputation has become the most fragile yet most valuable asset an organization possesses. Whether in banking, insurance, manufacturing or technology, reputation defines stakeholder confidence, customer loyalty, and investor trust. For India’s 6.3 crore small and medium enterprises (SMEs), as well as large corporates, reputational capital often…

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AMFI Leadership Transition Signals Next Phase of India’s Mutual Fund Revolution Amid Record Industry Growth  

The Association of Mutual Funds in India (AMFI), the industry body representing all SEBI-registered Asset Management Companies (AMCs) announced the election of its new Chairman and Vice Chairman on September 4, 2025. Mr. Sundeep Sikka, Executive Director & Chief Executive Officer, Nippon Life India Asset Management Limited, has been elected as Chairman, while Mr. Vishal…

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From Savings to Scams: How Mule Accounts Turned Deposits into BFSI’s New Operational Risk

For years, Indian banks treated deposit operations as relatively “safe” compared to the messy world of loan books. That comfort is gone. A surge in mule accounts, legitimate bank accounts commandeered or rented to launder proceeds of cybercrime has shifted operational risk from loans to deposits. Senior bankers are tightening KYC and continuous due diligence…

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SEBI’s Cybersecurity Clarifications: Raising the Bar for Financial Market Resilience

The Securities and Exchange Board of India (SEBI) has issued a crucial set of technical clarifications to its Cybersecurity and Cyber Resilience Framework (CSCRF) for regulated entities (REs), signalling a sharper focus on operational robustness, regulatory harmonization and market-wide cyber hygiene. This move is timely and necessary, given the increasing frequency of cyber incidents that…

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India’s Urban Future Hinges on $2.4 Trillion Climate Infrastructure Investment by 2050, World Bank Warns

Indian cities face a defining crossroads: invest now in resilient, low-carbon infrastructure or risk spiraling losses from climate shocks. According to a major new World Bank report, India must direct over $2.4 trillion more than ₹200 lakh crore into climate-ready urban infrastructure by 2050 to safeguard its rapidly growing cities. The report, “Towards Resilient and Prosperous Cities…

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India’s Cybersecurity Crisis: AI-Driven Threats Surge in 2025

Trend Micro’s newly released “2025 Cyber-Risk Report” paints stark picture of India’s threat landscape. Leveraging telemetry from 850,000 sensors and three trillion daily threat queries, the study finds that India has vaulted into the world’s top three targets across every major attack vector, with adversaries weaponizing generative-AI to automate phishing, create deep-fakes and mutate malware…

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