In the last couple of months, top Indian IT services providers, including TCS, Infosys, Wipro and HCL Tech have announced setting up cyber threat management centres in the US and Europe.
Britain's National Cyber Security Centre, leading the international investigation, believes that a hacking group known as Lazarus launched the attack.
India has told the United Nations that governance of cyber space should be democratic and transparent and cannot be managed as a "private property".
India has declared 2025 as the year of defence reforms, aiming to establish integrated theatre commands to enhance synergy among the three armed forces and transform the military into a technologically-advanced combat-ready force. The reforms will also focus on streamlining acquisition procedures, promoting collaboration, and leveraging emerging technologies like artificial intelligence and robotics.
Many experts feel that it was time the private sector was roped in to fight this battle as the number of cases appear to be going up each day.
'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'
'Make your child solve his/her problems on his/her own. Let the child see parenting as a partnership between you and your child.'
Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.
The recent report in the New York Times that China had brought India's financial capital - Mumbai - to a halt by hacking the electricity supply grid has not come as a surprise to the CTOs (chief technology officers) and cyber security experts. Indian companies, including critical infrastructure providers such as power grids, ports and radar systems, lack the IT infrastructure to prevent hacking from hostile state actors like China and North Korea, warn security experts. Recently, the United States government warned of yet another breach of critical systems tied to Microsoft Exchange email systems that the company has blamed on China. The breach has impacted thousands of organisations in the US and its impact on India is still unknown.
Following the encounter of three Khalistan Zindabad Force (KZF) terrorists in Pilibhit, security agencies are intensifying their search for their local helpers in the Terai region.
With growing instances of cyber attacks on the country's vital systems like power, railways, aviation and defence, the government on Monday announced the setting up of an expert vigilance agency to tackle any possible hacking or virus attacks.
Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.
Security researchers with Kaspersky Lab have recorded more than 45,000 attacks in 99 countries, including the UK, Russia, Ukraine, India, China, Italy, and Egypt.
Reports suggest that Russia's biggest oil company, Ukraine's international airport as well as global shipping firm AP Moller-Maersk have been impacted by the attack.
Globally, the estimated average financial loss from cyber incidents was $2.7 million, a 34-per cent increase over 2013.
The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse. The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022. "NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi.
We have to move from E-governance to M-governance. M-governance does not mean Modi governance. It means Mobile governance, the PM said.
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
Over 600 social media accounts of the central government were hacked in the last five years, Information and Broadcasting Minister Anurag Thakur told the Lok Sabha on Tuesday.
'The constant evolution of the Internet is providing new avenues for malware authors and cybercriminals to exploit innocent users for financial gain.'
Responding to an ANI query on the cyber security breach issue, defence sources said: "The military and intelligence agencies have unearthed a cyber security breach by some military officials, which is likely to be linked to espionage-related activities by a neighbouring country."
The fundamental responsibility for preventing such crimes and for bringing the criminals to justice rests with the State, and it cannot abdicate that function.
'I now see rates rising again, particularly after recent losses - especially the January wildfires in Los Angeles.'
Two IndiGo flights, one headed to Muscat and the other to Jeddah, also received bomb threats before they took off and the planes were moved to isolation bays for security checks.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
The Mumbai police have issued a notice to a teenage boy, his father and another person from Rajnandgaon in Chhattisgarh to join questioning in connection with bomb threats posted on social media targeting three flights, officials said.
"Insofar as the US is concerned, certain inputs were given to us as part of our security cooperation with the United States. Those inputs were of concern to us because they (were) related to the nexus of organised crime, trafficking and other matters.
'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'
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The policy will be announced shortly, Minister of State for Communications and IT Milind Deora said on Monday.
Chief ministers of three Congress-ruled states -- Karnataka's Siddaramaiah, Himachal Pradesh's Sukhvinder Singh Sukhu and Telangana's Revanth Reddy -- have announced they will not attend the NITI Aayog meeting over alleged bias against their states in the Union Budget.
Here is the Brahma Mantra for mankind. So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R Gopalakrishnan.
Concerned over household savings moving towards alternative investment avenues, RBI Governor Shaktikanta Das on Thursday asked banks to mobilise deposits through innovative products and services by leveraging their vast branch network. "Banks are taking greater recourse to short-term non-retail deposits and other instruments of liability to meet the incremental credit demand. "This, as I emphasised elsewhere, may potentially expose the banking system to structural liquidity issues," he said.
Defence Minister Rajnath Singh announced that India's defence exports have crossed a record Rs 21,000 crore, a significant jump from Rs 2,000 crore a decade ago. He set a target of achieving defence exports of Rs 50,000 crore by 2029. Singh highlighted the importance of mastering frontier technologies in the face of evolving warfare, emphasizing the role of military training centers in preparing soldiers for future challenges. He also underscored the government's commitment to strengthening integration and jointness among the three services, aiming to enhance the armed forces' ability to face challenges together.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
English football giants Manchester United confirmed being hit by a cyber attack in a 'sophisticated' operation.
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.
'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
After the Centre implemented the CAA on Monday, notifying the rules four years after the contentious law was passed, police in Delhi's northeast district identified 43 hotspots and conducted patrols there.
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
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