* As Attack Intensity Outpaces Every Other Tracked Industry
* New Financial Services Research Documents 42 million Hits Against Legacy Infrastructure, and Ransomware Families Targeting Institutions
SonicWall recently released its 2026 Financial Services Protect Brief, a vertical-specific companion to the SonicWall 2026 Cyber Protect Report, revealing that financial services organizations face more cyberattack attempts per device than any other industry SonicWall tracks, more than double the cross-sector average, and that the sophistication and persistence of those attacks reflects a deliberate targeting calculation, not random exposure.
Every year, attacks look more sophisticated. In some ways they are; AI has made them faster, cleaner, and harder to spot at a glance. But the underlying methods have not changed. Attackers are still walking through the same unlocked doors. In financial services, they have simply become more deliberate about which doors they choose, focusing effort where the payoff is highest rather than casting a wide net.
"Financial services is not the most targeted vertical because attackers are indiscriminate," said Michael Crean, SonicWall SVP of Managed Services. "It's one of the most heavily targeted industries because the incentives are obvious. Financial institutions hold some of the world's most valuable data, operate under intense regulatory scrutiny, and have virtually no tolerance for downtime. Many also depend on legacy infrastructure that hasn't kept pace with today's threat landscape. That combination doesn't just increase risk, it draws highly organized adversaries who deliberately study these environments and exploit the weaknesses they already know are there.”
SonicWall's Financial Services Protect Brief draws on data from SonicWall's global network of more than one million security sensors to document the specific attack patterns, legacy vulnerabilities, and ransomware campaigns defining the financial services threat landscape in the first half of 2026.
Key Findings from the 2026 SonicWall Financial Services Protect Brief
Financial services saw 132,378 IPS hits per device in first half of 2026—the highest attack intensity of any industry SonicWall tracks.
The GoodTech Telnet Server Buffer Overflow vulnerability generated 42.2 million detection events, pointing to legacy banking and payment systems that still expose Telnet services to active exploitation.
Log4Shell remains a major problem, generating 35.6 million detection events more than two years after disclosure as attackers continue targeting unpatched Java-based banking and payment applications.
Heartbleed hasn't disappeared either. Despite being disclosed more than a decade ago, firewalls are still detecting attempts to exploit the vulnerability.
Ten ransomware families were active against the sector, including REvil (Sodinokibi) and Prometheus, both known for targeting financial organizations.
Malware activity averaged 39,341 hits per firewall, giving financial services the second-highest per-device malware intensity of any industry, behind only healthcare.
The Architecture Problem Has a Known Solution
The vulnerabilities documented in the Financial Services Protect Brief are well understood, and the controls that address them exist. What creates the gap between known risk and resolved risk in financial services is the same as in every heavily regulated industry: legacy infrastructure that cannot be patched without business disruption, and access models built for a world in which the perimeter was a meaningful concept.
SonicWall Cloud Secure Edge addresses the architectural problem directly. Zero Trust Network Access applies verification at the application level, not the network level. A credential validates access to a specific application, not to the environment behind it. Identity and device posture are verified continuously, not just at login. A stolen credential from a phishing campaign or a credential-stuffing attack no longer unlocks the network. It unlocks a single application, with no lateral path to payment systems, transaction records, or adjacent infrastructure.
For financial institutions managing third-party vendor access, partner integrations, and remote workforce access across regulated environments, the shift from broad VPN-based access to application-level Zero Trust is not a feature upgrade. It is an architectural change that removes the conditions that make credential compromise consequential.
About SonicWall
For more than 30 years, SonicWall has championed a partner-first model that combines purpose-built technology, cloud-delivered security services and real-time threat intelligence to help businesses prevent breaches, reduce risk and stay operational in the face of evolving modern threats. We are committed to deliver the best security outcomes for our customers where others deliver features and functions. Through its unified cybersecurity portfolio and global community of over 17,000 partners, SonicWall enables managed service providers to actively manage, continuously optimize and measurably protect networks, cloud environments, endpoints and applications. The company is redefining cybersecurity around outcomes that matter to business leaders, including breach prevention, compliance achievement, cost efficiency and reduced human error, because protection is not about what a product can do but about what it actually delivers.
Tuesday, July 14, 2026
Tata Motors And UCO Bank Partner To Strengthen India's Commercial Vehicle Financing Ecosystem
Under this collaboration, customers will have access to attractive interest rates designed to minimise the cost of ownership, along with quick loan approvals and fast-tracked processing that ensure rapid vehicle delivery. The partnership also brings simplified, customer-friendly documentation for a seamless buying experience, high loan-to-value funding options that lower upfront capital requirements for businesses, and flexible, structured repayment tenures tailored to the cash flow needs of fleet operators. Both organisations will work in close alignment across branches, dealerships, and market outreach to ensure that this competitive financing reaches customers wherever they are, particularly in underserved urban and rural markets.
Speaking on this occasion, Mr. Shashikant Kumar, General Manager & Zonal Head – Mumbai, UCO Bank, said, “The signing of this Memorandum of Understanding with Tata Motors Limited marks another significant milestone in UCO Bank’s commitment to delivering innovative and customer centric financing solutions. Through this strategic partnership, we aim to provide seamless, competitive and timely financing for TATA motors commercial vehicles, enabling entrepreneurs, fleet operators and businesses to expand with confidence.”
Commenting on the initiative, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Ltd., said, “We are pleased to partner with UCO Bank to further strengthen the financing ecosystem for our commercial vehicle customers. Access to organised and competitive financing is a key enabler for our customers' growth, and UCO Bank's strong nationwide presence makes them an ideal partner in this endeavour. This MoU reinforces our commitment to delivering end-to-end solutions, from world-class vehicles to organised financing that empower our customers to grow their businesses with greater confidence and convenience.”
Tata Motors offers the widest commercial vehicle portfolio spanning from sub-1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions. These robustly engineered vehicles are complemented by a range of value-added services for comprehensive vehicle lifecycle management through its Sampoorna Seva 2.0 initiative. Fleet Edge, Tata Motors' connected vehicle platform for optimal fleet management enabling operators to maximise uptime and reduce total cost of ownership, and 24×7 support from a nationwide network of over 4,500 sales and service touchpoints, Tata Motors continues to set new benchmarks in end-to-end transportation solutions.
About Tata Motors Ltd (Formerly TML Commercial Vehicles Ltd):
Part of the USD 180 billion Tata Group, Tata Motors Ltd., (BSE: Scrip code 544569; NSE: Scrip code TMCV) is India’s largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. With over eight decades of leadership in commercial mobility, the company is known for its innovation, reliability, and performance. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applications—from last-mile delivery to public transport while seamlessly driving the wheels of the nation’s economy. Guided by its brand promise Better Always, Tata Motors delivers future-ready solutions that enhance customer experience and drive sustainable growth. The company operates in India and South Korea, with a global presence across Africa, the Middle East, Latin America, Southeast Asia, and SAARC countries.
As per the Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench—amongst Tata Motors Limited, TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited—the Company’s name was changed to Tata Motors Limited from TML Commercial Vehicles Limited (effective 29 October 2025), and its equity shares are listed on the BSE Ltd and the National Stock Exchange of India Limited.
About UCO Bank: UCO Bank, established in 1943, is a leading Government of India Undertaking. Headquartered in Kolkata, it offers a wide range of banking products and services, including retail banking, corporate banking, international banking, rural banking and various digital services. With a vast network of branches and ATMs across India, UCO Bank is committed to delivering innovative financial solutions and honouring its core value of customer trust.
Checkmate Bengaluru: Bhartiya Mall Of Bengaluru Hosts Week-Long Chess Festival With Arena Grandmaster Praveen Sagar
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The tournament will begin with a Chess Free Play Zone from 13–16 July, open to participants of all ages and skill levels. Visitors can register on BookMyShow or on the spot and play casual chess games in an interactive setting designed for learning, practice, and friendly competition.
A key highlight of Battle of the Boards is the participation of Arena Grandmaster (AGM) Praveen Sagar, who will lead a series of exclusive chess sessions. On 17 July, participants can attend the Masters Showcase & Workshop, an exclusive, interactive chess workshop led by Arena Grandmaster (AGM) Praveen Sagar. The AGM will conduct simultaneous walk-throughs across every board, interacting directly with young minds and providing live strategic guidance. The workshop will be conducted in two batches, from 5:00 PM–6:00 PM and 7:00 PM–8:00 PM.
On 18 July, chess enthusiasts will have the opportunity to challenge Arena Grandmaster (AGM) Praveen Sagar during the Challenge the Arena Grandmaster event. A thrilling public attraction, the event will give pre-registered players a rare opportunity to match wits with one of the game's accomplished players in a friendly yet competitive setting.
The programme will feature a simultaneous chess game from 3:00 PM to 5:00 PM, where AGM Praveen Sagar will play multiple opponents at the same time. This will be followed by the Face the Master Challenge from 5:30 PM to 8:00 PM, giving participants another chance to test their skills against the grandmaster in individual games.
The tournament will culminate on 19 July with the Grand Chess Tournament, for a day of competitive play, strategic thinking and sportsmanship open to all.
Open to children, students, families, chess clubs, academies and competitive players, Battle of the Boards aims to make chess more accessible while fostering a vibrant community of players and enthusiasts.
Through initiatives such as Battle of the Boards, Bhartiya Mall of Bengaluru continues to strengthen its position as a destination for experiences that bring communities and families together. By curating engaging events that combine learning, recreation and meaningful social interaction, the mall continues to create opportunities for people of all ages to connect, participate and make lasting memories.
Event Details
Monday, July 13, 2026
Goldmedal Electricals Won Red Dot Award 2026 For Two Exceptional Design Innovations
* ROOTS Modular Lighting System and VOID BLDC Fan Receive Global Recognition for Design Excellence
Goldmedal Electricals, one of India’s leading Fast Moving Electrical Goods (FMEG) companies, has been honoured with the prestigious Red Dot Award 2026 for two standout design innovations, the ROOTS Modular Lighting System and the VOID BLDC Fan. This global recognition celebrates the highest standards of product design, innovation, and aesthetic excellence.
The Red Dot Award is one of the most respected design accolades worldwide. Winning this honour underscores Goldmedal’s commitment to creating products that seamlessly blend intelligent functionality, nature-inspired aesthetics, and contemporary design.
ROOTS Modular Lighting System
The ROOTS Modular Lighting System impressed the jury with its nature-inspired modular design and intelligent responsiveness. It redefines lighting by actively responding to indoor air quality, creating a more harmonious and adaptive living environment. The ROOTS Modular Lighting System has also won the iF Design Award 2026.
VOID BLDC Fan
The VOID BLDC Fan was recognised for its distinctive sculptural design that masterfully combines innovation, functionality, and modern aesthetics. It transforms a functional ceiling fan into a bold design statement, reflecting Goldmedal’s design-forward philosophy.
Speaking on the recognition, Kishan Jain, Director, Goldmedal Electricals said, “Winning the Red Dot Award is a proud moment for us and reinforces our belief in the strength of the Make in India movement. It's incredibly encouraging to see products designed and manufactured in India being recognised on the global stage. Awards like these reaffirm our commitment to creating products that combine innovation, functionality, and a superior user experience, while showcasing India's growing capabilities in product development and manufacturing.”
Bishan Jain, Director, Goldmedal Electricals added, “At Goldmedal, our focus is on creating products that bring greater ease, intelligence, and beauty to everyday living while maintaining the highest standards of design and innovation. Winning the Red Dot Award 2026 for ROOTS and VOID is a proud validation of this commitment and reflects our team’s dedication to excellence.”
This double win further strengthens Goldmedal Electricals’ reputation for delivering thoughtfully designed, high-quality electrical and lifestyle products.
Air India Goes Digital To Manage Its Widebody Boeing Fleet Of Aircrafts
* ELT to boost operational performance, enhance sustainability with paperless documentation
Air India has taken yet another step forward in its transformation journey with the Directorate General of Civil Aviation (DGCA) approving the use of Electronic Technical Logbooks (ETL) as the primary technical document for its Boeing 787 fleet and authorising parallel implementation across the Boeing 777 fleet. This will boost Air India’s commitment to leveraging technology to strengthen operational performance, safety, reliability, and sustainability and position it as a technology-enabled, modern global airline.
With this approval, Air India has now become one of the first airlines to adopt fleet-wide Electronic Technical Logbooks across its entire B787 widebody fleet, to achieve a complete fleet-wide ETL implementation.
The Electronic Technical Logbook replaces traditional paper-based maintenance records with a secure digital platform, enabling faster, more accurate, and more efficient management of aircraft maintenance and engineering activities. The digital system provides real-time information sharing between maintenance engineers, and operational teams, improving coordination, accelerating defect reporting and rectification, and enhancing aircraft dispatch reliability.
The ETL platform also delivers enhanced data integrity, traceability, and regulatory compliance while providing advanced analytics that support predictive maintenance and informed engineering decision-making. In addition, the paperless system significantly reduces paper consumption, supporting Air India’s sustainability objectives.
Commenting on the development, Jeremy Yew Jin Kit, Senior Vice President – Engineering & Maintenance, Air India, said: “The implementation of Electronic Technical Logbooks across our widebody Boeing fleet reaffirms the collaborative work involving engineering, flight operations, digital technology teams, OEM partners and the regulator. Replacing paper-based processes with real-time digital information, we are improving operational efficiency, strengthening maintenance governance, enhancing regulatory compliance and enabling faster decision-making across our engineering and operations teams.”
The achievement reflects Air India’s continued investment in digital technologies to modernise engineering and maintenance operations while maintaining the highest standards of safety and regulatory compliance. It is a key step in the airline’s broader vision of building a world-class, data-driven aviation business that excels in operational performance and customer service.
About Air India Group:
The Air India Group – comprising full-service global airline, Air India, and value carrier, Air India Express – is spearheading a new era of Indian aviation. The Air India story began in 1932 when JRD Tata piloted the airline’s inaugural flight and opened the skies for aviation in India. Today, Air India Group employs more than 30,000 people, operates over 300 aircraft and carries travellers to 60 domestic and 51 international destinations across five continents.
Returning to Tata Sons in 2022 following 70 years under Government ownership, Air India Group is in the midst of a five-year transformation programme, Vihaan.AI. As part of the transformation, Air India has placed orders for 600 new aircraft. In addition to taking new aircraft deliveries, Air India is progressively retrofitting all its legacy aircraft. The Air India Group operates South Asia’s largest aviation training academy in Gurugram, India. The construction of a new flying school and a greenfield maintenance base is in progress.
With transformation underway across all facets of the business and India’s rich legacy of hospitality, Air India is committed to being a world class global airline with an Indian heart.
For more news on Air India, visit http://www.airindia.com/newsroom
Godrej Capital Launches Supply Chain Finance Business To Strengthen Working Capital Access For India’s MSMEs
Godrej Capital, the financial services arm of the Godrej Industries Group, through its subsidiary Godrej Finance, today announced the launch of its Supply Chain Finance (SCF) business, marking a strategic expansion of its MSME lending franchise. Through a comprehensive suite of working capital financing offerings, the business will support anchor corporates, dealers, vendors and suppliers with faster, technology-enabled access to credit. The company aims to build a ₹6,000 crore SCF portfolio over the next 5 years, with the business expected to contribute 8% to Godrej Finance's overall Assets Under Management (AUM).
As India's supply chains become increasingly formalised through GST-led digitisation and digital financial infrastructure, many MSMEs continue to face working capital constraints despite strong business fundamentals. Godrej Finance's Supply Chain Finance proposition addresses this gap by enabling faster access to formal credit based on underlying trade transactions.
Pankaj Gupta, MD & CEO, Godrej Finance, said, “MSMEs are the backbone of India's supply chains, yet access to timely working capital remains a key challenge for many businesses. With the launch of our Supply Chain Finance business, we are enabling vendors and buyers of anchor corporates to access faster financing through a seamless digital experience. We aim to support MSMEs with value-added services that help build more resilient, capable and future-ready businesses, reinforcing our commitment to being a long-term growth partner across the supply chain ecosystem.”
The proposition serves the full supply chain ecosystem across both payables and receivables financing. Through Dealer Financing, Vendor Financing, Purchase Invoice Financing and Sales Invoice Financing, it helps businesses manage procurement, inventory and receivables more efficiently while enabling vendors and buyers to unlock liquidity against genuine trade transactions. With loan ticket sizes ranging from ₹10 lakh to ₹25 crore, the offering is designed for businesses operating within the supply chains of large anchor corporates, spanning BBB to AAA rated companies with annual revenues ranging from ₹500 crore to over ₹1 lakh crore. Built around anchor-led ecosystems, the proposition strengthens relationships across the value chain and supports sustainable business growth.
Unlike traditional collateral-led lending models, the offering is underpinned by cashflow and transaction-based underwriting, enabling businesses to unlock working capital against genuine trade activity. The company is currently engaging with over 30 anchor corporates across captive and non-captive ecosystems. The business also offers a fully digital customer journey spanning onboarding, underwriting, disbursement and servicing, while leveraging transaction-led data and end-use monitoring to enable faster credit decisions and responsible deployment of funds.
As part of its long-term roadmap, Godrej Finance also plans to expand its Supply Chain Finance proposition through factoring, reverse factoring and participation on the Trade Receivables Discounting System (TReDS). These capabilities will further strengthen credit access for MSMEs and support a more efficient working capital ecosystem.
Unisys Innovation Program Announces The Winners Of Its 17th Competition
Unisys (NYSE: UIS) is pleased to announce the winners of the 17th iteration of the Unisys Innovation Program (UIP), a competition for engineering students across India. Established in 2009, the program bridges the gap between academic learning and hands-on experience by bringing young engineers together with industry experts to develop creative technology-centric real-world solutions.
This year's UIP program attracted strong participation, with more than 27,000 registrants and 4,487 project submissions across six themes.
Winners of the 2026 UIP
First Place: RV College of Engineering won first place for their project, "Cross-Paradigm Compression for Efficient AI," which combines spiking neural network dynamics with structured pruning techniques to reduce compute requirements of deep learning models. The framework achieves this reduction while maintaining model accuracy, enabling more efficient and cost-effective deployment of AI across edge and enterprise environments.
Second Place: MS Ramaiah Institute of Technology won second place for their project, "ResoScan," which introduces a portable, radiation-free diagnostic system that analyzes tissue vibrations to detect changes in tissue characteristics, enabling more accessible and cost-effective diagnostics across multiple medical specialties.
Third Place: RV College of Engineering won third place for their project, "An Intelligent Risk-Adaptive Governance Framework and Security Gateway for Secure LLM Interactions," which introduces a multi-layered security gateway that uses AI and post-quantum cryptography to protect sensitive data, enabling safer and more responsible enterprise use of large language models.
"The pace of innovation today demands talent that can move from idea to impact quickly," said Chris Arrasmith, chief operating officer of Unisys. "Through UIP, students are not only experimenting with new technologies — they are also applying them in ways that reflect where business operations are headed and the skills the future workforce will require for success."
A panel of judges selected the winning teams based on feasibility, creativity, technical excellence, and potential impact. The final round of judging occurred at the program's closing ceremony, where the finalists presented their projects. In attendance at the event were influential voices from leading analyst firms, higher education institutions and the technology industry, providing students with valuable exposure to diverse perspectives and real-world expertise.
"UIP is not just a competition — it's about creating a platform where students can build confidence, collaborate and translate their ideas into solutions with real-world relevance," said Lalithanand Moses, vice president and managing director of Unisys in India. "Our mission is to foster an environment that encourages innovation and the sharpening of technical capabilities. Over the years, we've seen how this experience helps shape not only skilled technologists, but also problem-solvers who can take innovation beyond the classroom and deliver meaningful impact."
Learn more about the Unisys Innovation Program and this year's winners.
About the Unisys Innovation Program (UIP)
Established in 2009, the Unisys Innovation Program (UIP) enables engineering students to develop career-ready technical and soft skills by applying theoretical knowledge of the latest technologies to solve real-world problems through a month-long competition. The contest is open to all engineering students in computer science, information technology and other related streams in India. It brings together stakeholders from across the tech innovation fields to provide students with rich experiential learning.
About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, applications and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn.
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