The Hidden Architecture of Digital Fragility: Subsea Cables, War Zones and the 95% Problem

When tensions escalate in the Red Sea or around the Strait of Hormuz, attention predictably turns to oil cargoes, naval patrols and maritime insurance premiums. War risk surcharges rise, container vessels reroute and energy markets react within minutes. Yet beneath these waters lies infrastructure arguably more consequential to the modern economy than crude shipments: dense…

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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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