The Securities and Exchange Board of India (Sebi) has identified around Rs 77,800 crore as "difficult-to-recover" or DTR dues in its annual report for 2024-25 (FY26), marking a nearly 2 per cent increase from the previous year. These dues remain unrecovered despite exhaustive recovery efforts.
Cyber insurance policies cover ransomware attacks and the ensuing damages, including ransom payments, data restoration costs, forensic and other first-party costs, and loss of profit due to business interruption.
'Big Week For #USIndia Law Enforcement Collaboration'
Paris 2024 says impact of global cyber outage limited, ticketing unaffected
Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.
State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.
'Challenge is basically near-term growth as the outlook has turned a bit adverse.'
Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'
Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.
'The protection of secrecy and anonymity gets lost with this linking.'
Fraudsters lure individuals with false promises of recovering bonuses or maturity proceeds from lapsed policies.
The Union finance ministry will meet CEOs of public sector banks to discuss issues related to cybersecurity in the wake of the Rs 820 crore (Rs 8.2 billion) fraud that hit Kolkata-based UCO Bank last month.
As the RBI moves ahead for the launch of the central bank digital currency (CBDC), Governor Shaktikanta Das on Wednesday marked out cyber security and digital frauds as the main challenges in the new system. Deputy Governor T Rabi Sankar said there are two types of CBDCs - wholesale and retail - and a lot of work has happened in the former while the latter was termed as a "complicated" aspect which will take time. The RBI had earlier this year announced that it has started work on the CBDC, in line with other major central banks of the world which are looking at a fiat digital currency.
The Indian Air Force (IAF) has confirmed that its crew are well-equipped to handle potential GPS spoofing incidents, asserting that all relief missions to earthquake-hit Myanmar were successfully completed as planned. The IAF's statement follows reports of GPS signal tampering during relief flights, which raised security concerns. Sources in the military establishment had earlier suggested that IAF transport aircraft carrying relief materials to Myanmar faced "GPS spoofing", prompting the IAF to assure that its crew are capable of handling such situations.
Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.
GPS spoofing is considered to be a form of cyber attack that includes generating false GPS signals. The false signals result in misleading the navigation equipment which creates a significant risk to aircraft.
The central bank asked lenders to specify potential risks as low, moderate, high and very high
Confident that a cyber attack won't affect you? Think again, says Nandakishore Harikumar.
Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.
A fracture of interstate relations could be India's biggest risk coming out of the pandemic. This topped a list of critical risks for India over the next two years, according to Geneva-based World Economic Forum's Executive Opinion Survey (EOS), whose results were released on Tuesday. Other top risks include a debt crisis in large economies, widespread youth disillusionment, failure of technology governance and digital inequality.
Social media giant 'X' (formerly Twitter) has filed a lawsuit in the Karnataka High Court against the Government of India, challenging what it called unlawful content regulation and arbitrary censorship. The lawsuit argues that the government's use of Section 79(3)(b) of the Information Technology (IT) Act violates Supreme Court rulings and undermines free expression online. 'X' further claims that the government's Sahyog portal acts as a "censorship tool" that pressures platforms to remove content without proper legal review.
With the recent proliferation of cyberattacks, corporate executives need to devote increasing attention to protecting information assets and on-line operations, said a report released on Monday by the World Economic Forum.
AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
'I now see rates rising again, particularly after recent losses - especially the January wildfires in Los Angeles.'
'Although one-in-five women in the UK will experience stalking at some point in their lives, there are no scientific studies around the stalking of athletes.'
'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
Prime Minister Narendra Modi advocated for a global framework for artificial intelligence (AI) based on open source, emphasizing the need for trust, transparency, and the elimination of biases. Co-chairing the AI Action Summit with French President Emmanuel Macron, Modi highlighted the transformative potential of AI across various domains, including politics, economics, security, and society. He stressed the importance of democratizing technology, addressing concerns about cyber security and disinformation, and developing quality data sets free from biases. Modi also acknowledged the need for open-source AI ecosystems to foster trust and transparency, while emphasizing the importance of localized technology for effectiveness and usefulness. Recognizing the potential of AI to improve health, education, and agriculture, Modi proposed pooling resources and talent to leverage the technology for sustainable development goals. Addressing concerns about job displacement, he emphasized that while the nature of work may evolve, technology creates new opportunities. Modi highlighted India's leadership in AI adoption and data privacy solutions, emphasizing the nation's readiness to share its expertise and contribute to an AI future that benefits all.
The study surveyed 545 IT and IT security practitioners in India with an average of 8 years experience in the field, he added.
'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.
Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
Globally, the estimated average financial loss from cyber incidents was $2.7 million, a 34-per cent increase over 2013.
The fundamental responsibility for preventing such crimes and for bringing the criminals to justice rests with the State, and it cannot abdicate that function.
English football giants Manchester United confirmed being hit by a cyber attack in a 'sophisticated' operation.
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.
This "Special Eleven Team" has been equipped with a dedicated control room, a senior officer said.
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.
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances