Globally, the estimated average financial loss from cyber incidents was $2.7 million, a 34-per cent increase over 2013.
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.
Reports suggest that Russia's biggest oil company, Ukraine's international airport as well as global shipping firm AP Moller-Maersk have been impacted by the attack.
We have to move from E-governance to M-governance. M-governance does not mean Modi governance. It means Mobile governance, the PM said.
'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
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.
However, there is no restriction on the movement of people anywhere in the valley, the officials said.
Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.
Addressing both the Houses of Parliament assembled together in the Lok Sabha chamber, Murmu said the government has taken numerous measures to control these cyber threats, creating opportunities for employment in the field of cybersecurity for the youth.
'The constant evolution of the Internet is providing new avenues for malware authors and cybercriminals to exploit innocent users for financial gain.'
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.
'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.
Paris 2024 gearing up to face unprecedented cybersecurity threat
Chief of Defence Staff General Anil Chauhan on Saturday said India's Operation Sindoor has drawn a 'new red line' of intolerance against terror, and expressed hope that the military action has brought 'some lessons for our adversary also'.
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.
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The policy will be announced shortly, Minister of State for Communications and IT Milind Deora said on Monday.
Over 600 social media accounts of the central government were hacked in the last five years, Information and Broadcasting Minister Anurag Thakur told the Lok Sabha on Tuesday.
In the wake of the recent hostilities, both sides have moved from weapons to words, with India dispatching several delegations to visit more than 30 capitals across the world. A similar effort by Pakistan is set to start on Jun 2.
Responding to an ANI query on the cyber security breach issue, defence sources said: "The military and intelligence agencies have unearthed a cyber security breach by some military officials, which is likely to be linked to espionage-related activities by a neighbouring country."
Top military officials from India and Pakistan highlighted their views at the Shangri-La Dialogue in Singapore, billed as Asia's premier defence forum, amid heightened tensions between the two sides following last month's military confrontation.
Amidst growing calls for the removal of Aurangzeb's tomb at Khultabad in Maharashtra's Chhatrapati Sambhajinagar district, the administration has declared the area a 'no drone zone' and deployed additional security forces. The move comes after demonstrations and online posts demanding the tomb's removal, with some of these posts leading to violence in Nagpur. Authorities are actively monitoring and removing provocative content from social media platforms.
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.
Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Link your UPI app to a separate bank account or wallet that has only a limited sum.
The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse. The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022. "NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi.
Over 70 companies of paramilitary forces and more than 15,000 police personnel will be deployed across the national capital for Republic Day celebrations, an official said. The city will be monitored by drones and CCTV surveillance, and cyber-specialist officers will be deployed to oversee operations. Multi-layered security arrangements, including six layers of checking and frisking, barricading, and thousands of CCTV cameras with Facial Recognition Systems (FRS), will be in place.
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 government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
The Calcutta high court on Thursday granted interim bail to social media influencer Sharmistha Panoli, who was arrested by the Kolkata police for allegedly uploading a video with communal comments.
A passenger at Delhi airport said that most of the flights are delayed.
English football giants Manchester United confirmed being hit by a cyber attack in a 'sophisticated' operation.
'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'
A Delhi court on Thursday dismissed the bail application of former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of national stock exchange (NSE) employees. Special Judge Sunena Sharma said the material available prima face showed Pandey was actively involved in the execution of recording and monitoring of calls at the NSE, and was directly communicating with the bourse staff as well as those of the iSec, the company he founded and which was responsible for the cyber security audit of the NSE. The judge noted the material collected by the investigating officer "prima face" showed the retired IPS officer was in de facto control of the affairs of iSec even after 2006, when he resigned as a director, and kept attending the meetings with NSE officials.
'If there are any incidents of cyberattacks, they should immediately inform CERT.'
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
YouTuber Elvish Yadav has been booked for posting a misleading video claiming he was escorted by the Rajasthan Police during a music video shoot in Jaipur. The police have denied providing any official security to Yadav and have registered a case against him for attempting to damage the reputation of the Rajasthan Police. The controversy erupted after Yadav uploaded a video on social media showing him traveling in a car with a police vehicle moving ahead of him. While Yadav claimed the police were escorting them, the Rajasthan Police has refuted this claim, stating that no such escort was provided. The matter is currently under investigation.
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection.
