Breaking silence over the Rs 12,967 crore scam at Punjab National Bank, he said: "I have chosen to speak today to convey that we at the Reserve Bank of India also feel the anger, hurt and pain at the banking sector frauds and irregularities."
Crime was carried out by a syndicate and involved breaking into the computer systems of global financial institutions
It said the ransomware called 'WannaCry' or 'WannaCrypt' encrypts the computer's hard disk drive and then spreads laterally between computers on the same LAN.
8,121 people were arrested in 2015 for cybercrimes, a 41% increase from 2014.
About 50 per cent of respondents said they spent close to five hours on the Internet daily.
The number of cyber crimes in India could touch 3,00,000 in 2015
According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities
On the first day of the three-day SAARC Home Ministers' meet, the police chiefs of these countries agreed on sharing information among police organisations to check various trans-border crimes, Home Ministry sources said. They said the delegates spoke of the need for having a better institutional mechanism so that coordinated action could be taken to meet the common challenges.
The nastiest computer bugs don't just enslave your computer--they do it in secret.
Be cautious when purchasing from little-known Web sites.
Fraudulent emails exhorting people to deposit cash for reward are on the rise.
Do not click on any pop-ups, links in messages or notification balloons if you are off the corporate VPN, warns Niranjankumar Laxman Upadhye.
The top three industries in India susceptible to economic crimes are financial services, manufacturing and professional services
The FIR was lodged at the Sector 20 police station on Thursday after the complainant, a Noida resident, alleged that her Amazon Prime account got hacked and the problem remains unresolved despite assurance from Amazon boss Jeff Bezos, an official statement said.
Even devices such as connected lights, doorbells -- even garden sprinklers -- are all at risk from attackers who can remotely, or even physically, access them to dump firmware, warns Nir Chako, security research team leader, CyberArk, a security software company.
Google on Wednesday launched its global 'Be Internet Awesome' programme for children in India in partnership with Indian comic book publisher Amar Chitra Katha to interweave critical internet safety lessons across eight Indian languages. The tech giant has also launched an enhanced Google Safety Centre in eight Indic languages as part of its efforts to step up safety of users on the internet. Google has significantly increased its resources dedicated to India's Trust Safety teams, including product policy analysts, security specialists, and user trust experts that support over 10 vernacular Indian languages, enabling its central teams to benefit from the local nuance and inputs.
It will tackle crimes, including those associated with malware, botnets, intellectual property theft and technology facilitated child exploitation.
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
Apart from mobile apps, 611 websites with the .in domain in the country were also found to be vulnerable, the Trend Micro survey reveals.
He added that while he is not too worried about a constitutional crisis, he is worried about further diminishment of the basic reputation of the voting process in the US. There might be a "significant minority" of voters rejecting the election result on November 8.
Before participating in such a scheme, do a detailed background check of the company's credentials, especially if the promised returns are unrealistic.
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
New risks have been identified, which include risk of non-compliance, business investment risk and legal regulatory risk.
'A separate 'Investigation Agency (Other Offences)' or IA(OO), can be created under the state governments, with the expertise and resources required for investigating non-violent offences,' recommends Alok Tiwari, a Cabinet Secretariat officer.
As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data
Mallya, who is mired in a huge controversy for leaving India on March 2 in the middle of a massive loan default probe, was quoted as having said in an email interview to the Sunday Guardian published on March 13 that time was not 'right' to return to the country.
Indian companies lost around $53 million (about Rs 328 crore) due to phishing scams with the country facing over 3,750 attacks in July-September this year, making it the fourth most attacked nation globally.
The accounts were hacked during April and May, police said, adding that the Axis Bank had contacted Mumbai police and informed that they had set up a committee to probe the matter.
Besides the young techies and nerds who indulge in hacking for fun and as a challenge to break into important and tightly secured sites, crime syndicates are on the prowl to steal passwords, account details and personal information to indulge in illegal money transfers, ATM withdrawals and other damaging activities.
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
There are 7 key rules one can follow to ensure that the chances of such fraud are almost reduced to a negligible level when shopping online, says Anil Rego
With debit cards of 5 banks compromised, time to be very cautious while transacting. If possible, avoid non-bank ATMs.
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.
'Every man in the hot seat needs trusted cops to grind their axe with political opponents.' 'And that's what explains Waze's importance; him investigating the fake TRP scandal, his arrest of TV journalist Arnab Goswami, and heading the investigation into the Antilia bomb scare case.'
Hackers have begun to emerge from the shadows of suspicion.
Key documents related to the seven-year-old scam go missing from medical college in Gwalior.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
Documents such as PAN card, Aadhaar card, I-T return papers, which are used for KYC, can get leaked from a number of sources. Other prominent sources are the direct sales agents and photocopy shops, say Sanjay Kumar Singh.
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