Confident that a cyber attack won't affect you? Think again, says Nandakishore Harikumar.
English football giants Manchester United confirmed being hit by a cyber attack in a 'sophisticated' operation.
Digital house arrest is a tactic where cybercriminals confine victims to their homes in order to scam them. The offenders generate fear by making audio or video calls, frequently posing as law enforcement officers using AI-generated voices or video technology.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
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 two weeks after the AIIMS cyber attack, Minister of State for Health Bharati Pravin informed the Lok Sabha on Friday that all the data has been retrieved from an unaffected backup server with most of its services also being restored.
Even as India's internet base continues to widen, with the country set to have over 900 internet users by 2025, a parallel rise in cyber threats has become a matter of huge concern. Experts say that the sudden surge in digital adoption left little time to develop a cybersecurity backbone for the country. This has put large amounts of data at risk.
Protocols for the Bomb Threat Assessment Committee (BTAC), convened in the event of a bomb threat call to an aircraft or airport, have been tweaked to better tackle the spate of the ongoing 'random' Internet-based threats being made to various Indian airlines, official sources said Tuesday.
'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.'
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).
The Delhi government's Women and Child Development and Health departments issued public notices on Wednesday distancing themselves from the ruling Aam Aadmi Party's promised schemes of providing Rs 2,100 to women and free treatment for the elderly, triggering a fresh row ahead of assembly polls.
The advisory has asked government staffers to delete such an e-mail if received in their inbox.
He, however, cited the sensitivity of information due to the ongoing probe into the matter to decline to share more details, sources said.
The CBI did not find any large-scale conspiracy in the episode and would limit the charge sheet to offences of attempt to cheat or cheating, they said.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.
Ananya takes CTRL... Shraddha cheers for her BFF... Manju says hello to India's megastars...
The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing trouble to hundreds of passengers and airline crew.
Amid a spate of hoax bomb threats to multiple airlines, the IT ministry has asked social media platforms to observe due diligence obligations and promptly remove or disable access to misinformation within the strict timelines prescribed under IT rules.
A Dalit student at Delhi University's Shaheed Bhagat Singh College has filed a police complaint alleging that its principal hurled casteist slurs and assaulted him after he was falsely accused of sending obscene messages on the official WhatsApp group of his department. The student, a third-year BA Hindi Honours student, claimed the incident caused him mental trauma and defamation. He has also written to the University Vice-Chancellor and the National Commission for Scheduled Castes, seeking action against those involved. The principal has denied the allegations, claiming the student was being manipulated by a faculty member against whom an inquiry is underway.
'Make your child solve his/her problems on his/her own. Let the child see parenting as a partnership between you and your child.'
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
The first issue in engaging with Pakistan is the cessation of terrorism, India's envoy at the United Nations said, underlining that India has been a long-standing victim of cross-border and global terrorism and has zero tolerance towards the scourge.
'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.'
The Supreme Court-appointed committees, entrusted with the probe of unauthorised use of Pegasus, have given a slew of recommendations including amending laws to protect citizens' right to privacy and ensure the nation's cyber security.
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.
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.
Since its launch in April, helpline 155260 has been able to prevent more than Rs 18.5 million of defrauded money from reaching the hands of fraudsters.
'To access our satellite, you don't need any IQ test, you don't need to write an examination.' 'You can be a Class 1 student, an engineering student, a 60-year-old person, anybody can access our satellite.'
The fast-growing Indian online gaming sector is facing a significant threat from money laundering, necessitating urgent steps to ensure its sustained success and protect the country's robust digital economy, a report said on Thursday. The essential measures outlined in a report by the Digital India Foundation include forming a dedicated task force for illegal operators, creating a whitelist of legal operators, combating misleading advertisements, and incorporating principles of financial integrity and international cooperation.
'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.'
While several international films and Web series on the OTT have explored the dangers of AI, it's interesting to see a desi take on it, believes Divya Nair.
Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm's advisor said at best the company might look to return 55-57 per cent of the money. "This is what can be returned to users with the benefit of this restructuring," said Jason Kardachi, managing director (restructuring), Kroll.
Link your UPI app to a separate bank account or wallet that has only a limited sum.
Maharashtra Cyber, a nodal agency for cyber security and investigation for the state, has asked different social media platforms to delete at least 36 "offensive" posts found circulating in the wake of alleged communal incidents in Tripura, an official said on Wednesday.
'The hackers' objectives were centred around smearing India's reputation, causing productivity loss, creating operational damage and seeking financial gains.'
'We not only have to secure our national interests but also prepare for new national security challenges like cyber warfare and terrorism.'
The bench referred to three reports submitted by the cyber cell police which said the beneficiaries were added to the bank account without any message or OTP received on the registered mobile number and email to the registered email account.
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.
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.
As many as 150 youths from the port city and its vicinity have been stuck in Cambodia for a year already, where they are being coerced to carry out cyber crime and ponzi scams by Chinese handlers, the police said.
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