'The way the attacks are coming has become much stronger and much wider because of AI.'
'Check every SMS you get. Many people ignore them.' 'Remember if there is an activity in your account, your financial institution will send you an SMS, not a WhatsApp message.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
During an open house discussion with stakeholders on the draft Digital Personal Data Protection (DPDP) bill 2022, Chandrasekhar said that the right to privacy is a fundamental right while the right to information is not. "Right to privacy is a fundamental right and right to information is not.
The data compiled by the National Crime Records Bureau showed that the crime rate in 2023 stood at 39.9 per one-lakh child population, in comparison to 36.6 in 2022.
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
The Election Commission has refuted allegations made by Congress leader Rahul Gandhi that CEC Gyanesh Kumar is protecting 'vote chors,' calling the claims incorrect and baseless.
Secure your Apple device in minutes! Here are easy-to-follow steps to protect your personal data and more.
A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.
EU and UK laws require airlines to incorporate data protection measures and report data breach to regulators within 72 hours. Non-compliance can invite steep fines.
'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'
In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.
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.
Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
Do home prices really never fall? Ramalingam Kalirajan begs to differ.
Does voter deletion controversy expose critical gaps in ECI verification procedures and safeguards protecting electoral roll integrity?
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.
This is the third meeting of CEOs after Gyanesh Kumar took over as the chief election commissioner in February. However, Wednesday's day-long meeting assumes significance as the preparedness of a pan-India SIR are being discussed, officials said.
'The protection of secrecy and anonymity gets lost with this linking.'
Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.
Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.
Congress leader Rahul Gandhi alleges that the Election Commission is colluding with the BJP to manipulate elections, citing data analysis from a Karnataka constituency. He claims evidence of 'vote chori' and demands transparency from the EC.
In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
If you want to inspire the young workforce, focus on building transparency, purpose and social responsibility, says notes Varun Sachdeva, SVP and APAC head, NLB Services.
While asserting that the CoWIN portal is completely safe with adequate safeguards for data privacy, it said an internal exercise has been initiated to review the existing security measures of CoWIN.
With this, Italy becomes the first European country to block the advanced Artificial Intelligence software, which is capable of emulating and elaborate human conversations among other actions.
Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.
Digipin promises to revolutionise location-based services in India with safeguards.
Bank of America has named Infosys McCamish Systems as a source of a data breach that it said affected 57,028 customers, as per documents submitted to the Maine Attorney General in the US. Infosys McCamish Systems (IMS) is an Infosys' step-down subsidiary. The notification, penned on behalf of Bank of America, describes the breach as an "external system breach (hacking)", while the information acquired has been mentioned as "name or other personal identifier in combination with: social security number".
The incident occurred when both leaders attempted to board the van carrying Congress leader Rahul Gandhi and RJD leader Tejashwi Yadav, but were stopped by security guards.
Congress leader Rahul Gandhi intensified his attack on the Election Commission, accusing them of 'vote chori' and warning of action if the INDIA bloc forms the government. He alleged a 'new special package' for Bihar, named SIR (Special Intensive Revision), is a 'new form of vote theft'.
Four-time Odisha MP Pinaki Misra's wedding to firebrand TMC MP Mahua Moitra in a quiet, intimate ceremony that chose privacy and tradition over fanfare, was a reflection of his personal style.
Scammers and fraudsters keep coming up with creative ways to gain access to sensitive information and only by being alert and aware of such attempts can data privacy be truly maintained.
The Aircraft Accident Investigation Bureau (AAIB) is expected to release its preliminary report this week on the Air India plane crash in Ahmedabad, which resulted in the deaths of at least 260 people. The investigation is ongoing, with the help of foreign experts, and the black box and voice recorder data are being analyzed.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
Google's chief privacy officer, Keith Enright, has warned policymakers that frequent and large-scale sharing of citizen data, even if anonymized, can damage users' privacy. Pointing to research that shows data sets lose their anonymity if shared consistently over time, he said: "I would encourage policymakers and companies to be extremely circumspect while proceeding in that direction." Anonymization is a technique that removes or modifies personally identifiable information, resulting in data that cannot be associated with any one individual.
'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.'
A week after the devastating Air India plane crash in Ahmedabad claimed 270 lives, the debris, including the ill-fated aircraft's tail fin, is still lying at the site as investigators looked for clues to establish the exact cause behind the accident, said officials on Thursday.
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