Cybersecurity breaches have emerged as the top risk shaping organisational performance, with 61 per cent of respondents identifying it as the primary risk, said a Ficci and EY report.
Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.
The Centre on Thursday informed the Delhi high court that the Telegram messaging app was being exploited for illegal activities ranging from cybercrime and financial frauds to terrorism and circulation of leaked examination papers.
An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over Rs 15 crore in a 'digital arrest' scam. Fraudsters posing as CBI officials accused him of financial crimes and coerced him into transferring funds to a 'safe account'.
''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'
A retired school teacher in Kanpur was allegedly defrauded of Rs 1.57 crore (approximately 150,000) in a sophisticated cyber scam involving impersonations of Mark Zuckerberg and associates of Elon Musk.
Delhi Police have arrested Sourav, a 30-year-old man, for allegedly using AI-generated morphed images to blackmail young women and extort money. He would pose as a job provider, obtain resumes, and then manipulate screenshots from video calls to create obscene images for extortion. The arrest followed a complaint from a 19-year-old victim who was repeatedly blackmailed.
Delhi Police arrested a 30-year-old cyber fraudster from Jharkhand for allegedly duping a Delhi resident of Rs 6 lakh under the guise of KYC verification. The accused, Bimal Rabidas, confessed to the crime and was found to be involved in similar cases across multiple states.
For a little over two weeks, a group called 'Guardians of Peace' released a new bit of leaked information about Sony almost every day.
India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.
A 72-year-old retired nurse in Nagpur was cheated of Rs 90.65 lakh by cyber criminals who kept her under 'digital arrest' for several weeks, police said.
A Kerala MLA, K Shantakumari, was targeted by cyber fraudsters claiming a connection to a bomb blast case and using her identity. The MLA reported the incident to the cyber cell after her son identified inconsistencies in the video call.
Several schools in Delhi received bomb threat emails on Friday morning, causing widespread concern before authorities declared the threats a hoax. The emails contained disturbing content and prompted thorough search operations and heightened security measures.
Police in Kerala have registered a case against a man accused of attempting to extort money from a relative of IUML state president Sayyid Sadikkali Shihab Thangal by threatening to circulate defamatory images online.
A 47-year-old man from Palakkad has been arrested for allegedly cheating a Thiruvananthapuram resident of over Rs 1.19 crore in an online trading scam.
Chief Economic Advisor V Anantha Nageswaran highlights the challenges of digital access, data governance, interoperability, and cyber security in India's digital public infrastructure (DPI), despite its world-class scale.
Cyber intelligence firm CloudSEK reports that online fraudsters are using a new toolkit called 'Digital Lutera' to bypass security features of UPI apps and carry out fraudulent financial transactions.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
A man has been arrested in Kolkata for allegedly sending an email threatening a suicide bomb attack on West Bengal Chief Minister Suvendu Adhikari.
Multiple schools in Delhi received bomb threat emails, leading to evacuations and security deployments. Authorities are investigating the source of the threats, which also mentioned a potential attack on Parliament.
Gurugram police have arrested five individuals in connection with a Rs 42.92 lakh digital arrest scam. The fraudsters posed as CBI officers, intimidated a victim, and coerced them into transferring a large sum of money. The arrested individuals include account holders and those who withdrew the defrauded cash.
'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'
A 61-year-old man from Mangaluru was allegedly cheated of Rs 2.07 crore by cyber fraudsters posing as officials of central investigative agencies in a 'digital arrest' scam, police said.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
Muzaffarpur district civil court received a bomb threat, prompting a police investigation and security sweep of the premises.
According to the sources, the claim suggests that the attackers may have compromised personal information related to defence personnel, including the login credentials.
A nurse in Mumbai was allegedly cheated of 1 lakh after attempting to purchase a dress online for 299, highlighting the risks of online shopping scams.
A man has been arrested in Kerala for allegedly attempting to extort money from a relative of IUML state president Sayyid Sadikkali Shihab Thangal by threatening to circulate defamatory images of the leader online.
The Mumbai Press Club received a threatening email claiming gas bombs were planted on the premises, prompting a thorough search by security agencies. The threat was later determined to be a hoax, and an investigation is underway to trace the email's origin.
Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.
The management of Kannur Dental College has refuted allegations of caste discrimination in connection with the death of a BDS student, attributing the incident to issues related to a loan obtained through a mobile app.
Faridabad police arrested five suspects, including the kingpin, linked to a sextortion racket that allegedly trapped people using fake profiles on social media and online dating platforms before coercing them for money.
India, which is expected to be home to four million smartphones in the next two years, is already on the cyber criminal map.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
Maharashtra Cyber has issued advisories to various state government departments, including police, to take precautionary steps to avoid cyber attacks after the credentials of many of these departments were found on the darknet. The departments include the Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others. Maharashtra Cyber has also written to the Ministry of Electronics and Information Technology (MeitY) recommending blocking of Wikipedia and Proton Mail platforms under relevant sections of the Information Technology Act for failing to comply with specific police directives.
Kerala's Home Minister announces 'Operation Toofan: The Narco Hunt', a comprehensive anti-narcotics campaign targeting drug syndicates, especially those operating near educational institutions, and outlines reforms to improve police functioning and public accessibility.
Kerala's Home Minister announces 'Operation Toofan: The Narco Hunt', a statewide campaign to crack down on drug syndicates, focusing on eliminating drug distribution networks, especially around educational institutions, and improving police functioning across the state.
Ahmedabad police have arrested a man from West Bengal for sending hoax bomb threat emails to schools and courts in Gujarat.
The family of a BDS student who died after falling from a building at Kannur Dental College in Kerala, in a suspected suicide, met with the City Police Commissioner seeking swift action against those accused of abetment.
The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.
