Cyber crime, data theft and online fraud have been on the rise in the past few years globally and many experts fear that with the push on Digital India, such incidents are to happen more in the country. To make sure whether banks in India are prepared to face such challenges or not, Reserve Bank of India (RBI) has opted to use ethical hacking to test the cyber security vulnerabilities of banks and has unearthed shortcomings in four state-owned banks, reports the Economic Times. “RBI is looking at international standards when it comes to protecting itself and banks from cyber-attacks. The regulator is planning a mix of ethical hacking, planned and unplanned audits of banks’ security systems to ensure that best practices are followed strictly,” a source familiar with the development told ET. Since April 2013 to November 2016, the top 51 banks in India have lost nearly Rs 485 crore of which 56 percent was because of net-banking thefts and card cloning. Only last year, around 3.2 million debit cards, belonging to major banks like State Bank of India, Axis Bank, HDFC, Yes Bank, and ICICI were compromised which led to a state of panic. Following the security breach, SBI blocked 6 lakh debit cards.