ndian media reported last week that the country's air force had issued alerts to its personnel and their families against using Xiaomi phones on security concerns.
The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.
The UIDAI, set up in 2009, will manage the generation and authentication of Aadhaar numbers.
RBI Governor Shaktikanta Das on Friday said the entry of big tech firms into the financial sector poses systemic concerns like overleveraging at the borrowers' ends.
To pursue a job, DPharm candidates must complete two years of coursework, three months of hospital training, and then pass the exit exam. However, BPharm graduates can pursue a job right after completing their four-year course, informs rediffGURU Dr Nagarajan JSK.
Data on millions of customers targeted by US authorities.
If the Personal Data Protection Bill gets passed in its present form, a new class of companies and entities could emerge. The sole job of these new entities would be to manage the consent for data usage of a user.Banks, healthcare firms and fintech companies, among others, fear that sharing non-personal data with the government may hurt business interests. Banks also fear the threat of data misuse.
India may be 15th among the top 25 Artificial Intelligence nations, but it has the 'the greatest upward potential' according to research by Tufts University's business school, the Fletcher School. At the top is the US, followed by China, fighting for global leadership in AI followed by the UK, Japan, and Germany. In the 15th spot, India is ahead of Brazil, Argentina, Indonesia, Mexico, Turkey, Indonesia and Thailand.
Even as cyber threats continue to rise in India - the second-largest global active internet user base - the country is currently facing a big skill gap in the cybersecurity domain and represents just six per cent of global cybersecurity jobs, finds a report. As of May 2023, the industry had about 40,000 open opportunities, indicating the growing demand for skilled cybersecurity professionals. However, the demand-supply gap stood at 30 per cent, projecting a major skill challenge in the industry, finds the study by tech staffing firm TeamLease.
"The Government of India has issued an interim order for the blocking of 59 apps, including TikTok, and we are in the process of complying with it. We have been invited to meet with concerned government stakeholders for an opportunity to respond and submit clarifications," Nikhil Gandhi, head of TikTok India, said.
A war of words between Reliance Industries' Gautam Chikermane and hacker group Anonymous India broke out on Twitter.
Facebook chief said he is getting to the bottom of exactly what the UK firm did, and telling everyone who may have been affected.
The Virtual ID, which would be a random 16-digit number, together with biometrics of the user would give any authorised agency limited details like name, address and photograph, which are enough for any verification.
Now that you have already downloaded mobile wallets and all set to go cashless/digital with your payments to the local grocer, cabbie, maid, etc, here's what you must watch out for, says Tripti Rai.
The notice came after reports that political parties had used the data analytics firm during elections.
'The last year's growth is a foretaste of things to come in the retail credit market.'
A bench of Justices Sanjiv Khanna and Dipankar Datta gave liberty to petitioners Internet Freedom Foundation and Criminal Justice and Police Accountability Project, who had jointly filed the petition, to approach the high court.
'It is really troublesome that someone in a position of power is misleading people and presumably, citizens of the country to give up data.' 'That is not a part of informed consent.'
"Right to Privacy is not a fundamental right under our Constitution. It flows from one right to another right. Constitution makers did not intend to make right to privacy a fundamental right," said the AG.
Facebook and Google officials in New Delhi on Tuesday deposed before the Parliamentary Standing Committee on Information Technology on the issue of misuse of social media platforms.
The top court said since the remit of the panel has been expanded, the committee would submit its report by September 30 on various measures to rectify deficiencies in the examination system.
A debate is again raging in the Congress over uncertainty related to its leadership, with a section of party leaders, including some MPs, asking Rahul Gandhi to return to the helm.
Facebook CEO Mark Zuckerberg said that it will take years for Facebook to fix the problem.
The top court also asked the Centre to submit its report in January on the notification of rules by which social media misuse can be checked and liability could be fastened on intermediaries to decrypt messages.
Tamil Nadu plans parallel programme with unique user IDs
'Avoid rushing into any financial transactions or disclosing personal information.'
While Jay Shah has warned the media against violating his fundamental right to privacy, Tushar Mehta -- his lawyer in the defamation case -- had opposed right to privacy in the Supreme Court, says Dr Gopal Krishna.
Mothers' advice from 50 years ago reappears, notes Ajit Balakrishnan.
E-governance roll-out needs better infrastructure, privacy protection.
Grocery e-commerce platform BigBasket has faced a potential data breach which could have leaked details of its around two crore users, according to cyber intelligence firm Cyble. The company has filed a police complaint in this regard with the cyber crime cell in Bengaluru and is verifying claims made by cyber experts.
Google Inc opened two data centres in Asia to cater to the world's fastest growing consumer technology markets.
"The contact centre of UIDAI is handling the grievances and complaints of all stakeholders. They have not received any specific complaint related to privacy concerns while collecting individual data. However, a complaint regarding misuse of address proof was received," the authority said in reply to an RTI query.
A five-judge constitution bench headed by Chief Justice Dipak Misra, hearing a petitions challenging Aadhaar, said no system in the world was secure and the issue was not as to how data is collected, but how the information so collected are used or misused.
Three takeaways for individuals living in a global society today, where misinformation and disinformation are rife.
The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.
'Unless the government comes up with the rulebook, the technical requirements will not be clear to us.' 'Going by the Act, non-technical provisions can be complied with within six months.' 'But we need up to 24 months for provisions like parental consent.'
By the time the security failure is discovered and fixed, the damage is already done. A CIO survey by Forcepoint and Frost & Sullivan found that 69 per cent of Indian organisations were at risk of data breach. Whenever there is data breach, there is a potential disaster waiting to happen.
The government will investigate a claim that WhatsApp accessed the microphone of smartphone users while the phone was not in use, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on Wednesday.
The panel headed by former Special IT Secretary M Madhavan Nambiar and former health secretary Rajeev Sadanandan, will also ascertain whether adequate procedures were followed while finalising the arrangements with the private company, Sprinklr. The Opposition Congress has been levelling charges that the collection of data by the US firm violated the fundamental rights of the patients.
Passed by the House by 352 to 65 votes, the bill now heads to the US Senate for it to be sent to the White House for the President to sign it into law.
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