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.
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.
The Congress maintained that the state government had not ordered any such inquiry and it could be an internal matter of the CID. A top CID official has also said that no formal inquiry was ordered into the incident.
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.
With all the evasions, one assertion made by the Pune (Rural) police stood out: They had found no connection of the Elgar Parishad with the violent incidents of January 1, 2018. Yet, the case against the 'Bhima Koregaon 16', which is based on exactly this alleged connection, continues, and seven of the accused continue to be behind bars under the UAPA, explains Jyoti Punwani.
As controversy raged over Yati Narsinghanand's objectionable remarks against Prophet Muhammad, his supporters on Sunday alleged that the Dasna temple head priest is being illegally kept in detention by police, which denied the claim.
In a serious data breach, personally identifiable information of 815 million Indians has been up on the dark web for sale, according to a report by US-based cybersecurity firm Resecurity. Details such as Aadhaar and passport information along with names, phone numbers and addresses are available for sale online, it has said.
'The absence of cyber security framework for ATMs is like a dream come true for hackers.'
Loopholes in the policy need to be addressed to make it more robust and the action plan needs to be implemented.
The central bank asked lenders to specify potential risks as low, moderate, high and very high
In 2013, a total of 28,481 Indian websites were hacked
'A mule operates someone else's account to transfer illegal money.'
Amid increasing number of cyber attacks and snooping, the government on Tuesday announced the national cyber security policy that aims to protect information and build capabilities to prevent such attacks.
Wipro said it has used its industry-leading cybersecurity practices and partner ecosystem for remedial steps and has shared this intelligence with its partners to develop the AntiVirus signatures.
Capital markets regulator Sebi on Wednesday came out with a cybersecurity framework for all portfolio managers having an asset base of at least Rs 3,000 crore. The new guidelines will come into force from October 1, 2023, the Securities and Exchange Board of India (Sebi) said in a circular. Under the framework, Sebi asked portfolio managers to report all cyber-attacks and breaches experienced by them within 6 hours of detecting such incidents.
Failure in examinations, the inability to get an expected score or admission to an educational institution of one's choice often precipitates distress in students and may increase the risk of suicide, warns Dr Rakesh K Chadda.
Chinese characters were seen on the website, indicating that Chinese hackers may be involved in it.
Nasscom set up a task force last year, to position India as a global hub for providing cybersecurity solutions
The US has suffered a spate of cyber-attacks, reportedly from overseas, successfully infiltrating key government systems including the White House and National Weather Service and prompting authorities to shut down the unclassified e-mail system at the State Department.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
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.
The DVR of a CCTV camera has been recovered from the house of the grandfather of the teenage boy involved in the Porsche crash case and the preliminary probe suggests tampering with footage, the prosecution told a court which sent the accused to police custody till May 28.
'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
Internet users in India is attracting cyber criminals, as these are first-timers, who can be duped easily
The Aam Aadmi Party on Monday alleged that graffiti threatening Chief Minister Arvind Kejriwal were scribbled inside the metro trains in Delhi, as it accused the Bharatiya Janata Party of being behind this incident.
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.
Cyber-space has become another tool in the hands of terrorists who post 'motivated rumours' in social networking sites thereby creating a new challenge to the security forces in the country, Union Home Minister Sushilkumar Shinde said in New Delhi on Thursday.
What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.
TUEs are issued by sports federations and national anti-doping organizations to allow athletes to take certain banned substances for verified medical needs.
Financial institutions are 300 times more vulnerable to cyberattacks than any other industry.
Britain's National Cyber Security Centre, leading the international investigation, believes that a hacking group known as Lazarus launched the attack.
A top Haryana government official on Thursday said anyone found responsible for the communal clashes will not be spared and claimed that the situation is fast returning to normal in the state.
Today, the biggest challenge for any state is to evolve indigenous hardware options. It is important for the states like Germany, India etc to increase their stakes in the global IT setup and this could allow them to control the US domination, says Ajey Lele.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
Nothing is going to change in a hurry unless attitudes change and punishments are speedy and fair, notes Ramesh Menon.
The cyber attack affected the internet-connected televisions at the media centres and also shut down the official Winter Olympics website for around 20 minutes.
The number of cybercrime incidents in 2021 has gone up by 18.4 per cent since 2019, but the number of such cases against women has risen at a significantly steeper 28 per cent, data released by the National Crime Records Bureau showed. Of the 52,974 incidents reported in 2021, 10,730 - 20.2 per cent - were reported as cases of crime against women, the data revealed. Cybercrimes against women primarily include instances of cyber blackmail, threatening, cyber pornography, posting/ publishing of obscene sexual materials, cyber stalking, bullying, defamation, morphing, and creation of fake profiles.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
In the wake of recent violent incidents in Pune and elsewhere over some objectionable posts on Facebook, Maharashtra Home Minister R R Patil on Tuesday announced that Cyber Crime Investigation Cells would be set up at five places in the state soon.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
