Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
A Delhi court on Thursday dismissed the bail application of former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of national stock exchange (NSE) employees. Special Judge Sunena Sharma said the material available prima face showed Pandey was actively involved in the execution of recording and monitoring of calls at the NSE, and was directly communicating with the bourse staff as well as those of the iSec, the company he founded and which was responsible for the cyber security audit of the NSE. The judge noted the material collected by the investigating officer "prima face" showed the retired IPS officer was in de facto control of the affairs of iSec even after 2006, when he resigned as a director, and kept attending the meetings with NSE officials.
UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.
Ahead of the upcoming Durga Puja festival, Bangladesh authorities have assured of increased security measures that have been put in place amid concerns of violence targeting minority Hindu communities.
He, however, cited the sensitivity of information due to the ongoing probe into the matter to decline to share more details, sources said.
This "Special Eleven Team" has been equipped with a dedicated control room, a senior officer said.
The postal ballot papers were to be mailed out from Monday but are now expected to start being issued a few days later, with a delivery deadline set as next Thursday.
The Lok Sabha ethics committee has cited the threats India faces from State and non-State cyber actors to indict Trinamool Congress MP Mahua Moitra for sharing her log-in credentials with businessman Darshan Hiranandani, noting that he has residency rights in Dubai and has close relatives who are foreign nationals.
A man from Bihar was arrested and a juvenile was apprehended in connection with their involvement in the alleged data leak from CoWIN portal, officials said on Thursday.
The government is likely to propose a penalty of up to Rs 500 crore for violating provisions of the Digital India Bill, according to sources. Under the proposed bill, the Centre may authorise any government agency to monitor and collect traffic data generated, transmitted, received or stored in any digital system to enhance cyber security. It also aims to identify, analyse and prevent intrusion or spread of malware or virus.
Pseudonymous or anonymous nature of the social media handle, analysis of the geopolitical situation and presence of VIPs onboard are some of the new criteria that agencies will keep in mind while considering the seriousness of a bomb threat made to Indian airlines.
A case of extortion and cyber terrorism was registered by the Intelligence Fusion and Strategic Operations unit of the Delhi police on November 25.
Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.
'A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.'
'We not only have to secure our national interests but also prepare for new national security challenges like cyber warfare and terrorism.'
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
'More than 114 cases have been registered for spreading fake messages, rumours and fake news on WhatsApp.' 'People on various groups are reporting such crimes.' 'The most heartening development is people are now not tolerating such things.'
'If there are any incidents of cyberattacks, they should immediately inform CERT.'
The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.
Numerous members of Hezbollah in Beirut and various areas of Lebanon were injured when their communication devices exploded, according to the Arab media reports. ANI posted on X quoting AP that Iran's ambassador in Lebanon was among those injured in the blasts.
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection.
Britain's wealthiest family, the Hindujas, have said they were 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers from India at their villa in Geneva.
'There is a need for an innovation sandbox where the PSBs can collaborate and then they can do their own innovation on top of it.'
He said the aim has been to create firewalls to deal with the cyber attacks and that the issue is being addressed in a "serious way".
Nearly 80 domestic and international flights received bomb threats in less than 24 hours that later turned out to be hoaxes, keeping thousands of passengers and security agencies on tenterhooks.
Rapidly changing geo-political scenarios such as the ongoing Russia-Ukraine war have made a significant impact on cybersecurity. Despite their best efforts, cybersecurity teams of enterprises may not be able to plug all vulnerabilities, according to a report by Indusface, a software-as-a-service security firm.
Reflecting concern about Internet security, the United States has said it won't tolerate government-sponsored cyber theft of trade secrets even as it brought cyber-espionage charges against China's five military officers for allegedly stealing classified corporate information.
The government plans to remove the definition of broadcasting services altogether from the bill to help reduce confusion among stakeholders.
iPhone maker Apple has warned its users about ongoing Pegasus-like sophisticated spyware attacks that target a very small number of individuals often journalists, activists, politicians and diplomats.
Given a threat issued by Khalistani separatists, about 3,500 police personnel will be deployed at Narendra Modi stadium in Motera area and other parts of Ahmedabad during the opening match of the ICC Cricket World Cup on October 5.
For people who have had their personal identification stolen, it could also help prevent cyber criminals from using that information to make purchases in their name.
The leak occurs at a particularly delicate time in US-Israel relations and is likely to infuriate Israel, which has been preparing to retaliate against Iran following a missile barrage on October 1.
Recognising evolving global terror threats, India and Israel have resolved to deepen cooperation in fighting the menace and collaborate in the field of cyber security.
The State Bank of India told the Supreme Court on Thursday it has provided all details of the electoral bonds in its possession to the Election Commission.
The attempted attack on the ICMR website was prevented by the firewall/security measures of NIC, they said, adding further steps are being taken to enhance cyber security.
The Congress maintained that the state government had not ordered any such inquiry and it could be an internal matter of the CID. A top CID official has also said that no formal inquiry was ordered into the incident.
Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.
'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'
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