Crypto currency platform WazirX, a cyber-attack on July 19 this year in which nearly 40 lakh Indians have suffered a loss of to a tune of $230 million or Rs 19.12 billion, has moved the Singapore high court seeking a moratorium in any legal action against it and for legal protection.
Senior Congress leader and Lok Sabha candidate Shashi Tharoor has been booked for allegedly carrying out a false campaign against Union minister and rival candidate Rajeev Chandrasekhar, police said in Thiruvananthapuram on Sunday.
Jamaican sprinter Bromfield speaks out about online abuse
Granting the interim relief to Shankar currently lodged in the Coimbatore Central Prison, a bench of Justices Sudhanshu Dhulia and Ahsanuddin Amanullah said it would not decide the case on merits as the Madras high court is seized of the matter.
He said the transformation brought about by the fintech sector in India is not just limited to technology, but its social impact is far-reaching. He also stressed that fintech has dented the parallel economy and is bridging the gap between villages and cities on the financial services front. The prime minister also said that in the last 10 years, the fintech space has attracted investments of more than $31 billion and fintech startups have grown by 500 per cent.
Airtel CEO Gopal Vittal on Thursday warned about a rise in cyber frauds amid a massive surge in online transactions during the second wave of the pandemic, and asserted the company is working "relentlessly" and coming out with safety features to ensure customers are not vulnerable to fraudsters. In an e-mail outreach to customers, Vittal highlighted the modus operandi being adopted by fraudsters and also drew attention to cyber frauds related to digital payments. "With the growing second wave of the pandemic and lockdowns in various parts of the country, there has been a massive increase in online transactions. "Unfortunately, there has also been a corresponding increase in cyber fraud," Vittal said.
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.
The country's cyber security agency CERT-In has advised Facebook users to strengthen their account privacy settings after a recent global 'data scraping' incident in the social media platform affected about 61 lakh Indians.
It said a "sudden rise" in terrorist-financing investigations was seen in 2023 and this was attributed to events arising out of incidents in Manipur that led to such probes in more than 50 cases.
"Most worrisome are China's technological advances in the spheres of cyber and space domain, which often transcend beyond the military, to include critical national infrastructure as well," General Bipin Rawat said at the three-day Indian Air Force Conclave.
The police took action after cyber patrolling revealed that 60 fake lottery apps, 25 fake Facebook profiles and 20 websites are connected to the scam, the SPMC release said.
'A mule operates someone else's account to transfer illegal money.'
Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.
Internet users should be watchful for such attacks including phishing attempts and conduct cyber security audits of their IT systems, officials of Maharashtra Cyber, the state police's cyber wing, said.
The size of the scam is about Rs 15,000 crore, as per the first information report (FIR) registered by the police in the case.
The Union Health Ministry on June 22 postponed the NEET-PG entrance examination, scheduled to be held on June 23, as a "precautionary measure" in the wake of allegations on the integrity of certain competitive exams.
Nearly 80 domestic and international flights received bomb threats in less than 24 hours that later turned out to be hoaxes, keeping thousands of passengers and security agencies on tenterhooks.
The nature of war and its purpose remains unchanged. The change is in the character of war in terms of a man-machine mix, domination of sensors and certain automation of the tactics and methods of war, points out Colonel Anil A Athale (retd).
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
The highest-ever goods and services tax (GST) evasion has been done by the online money gaming industry.
Here is the Brahma Mantra for mankind. So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R Gopalakrishnan.
According to Jaishankar, the problem is that the Russian authorities maintain that these Indian nationals entered into contracts for services with the Russian army.
'There's a huge need for advancements in current security incident logging and monitoring practices.'
The National Eligibility-cum-Entrance Test-Post Graduate (NEET-PG) 2024 is likely to be held mid-August, sources said on Tuesday.
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.
Aamir Khan has never endorsed any political party in his 35-year career and the viral video of the Bollywood superstar is "fake" and alarming, his spokesperson said on Tuesday.
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.
'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.'
'More than 114 cases have been registered for spreading fake messages, rumours and fake news on WhatsApp.' 'People on various groups are reporting such crimes.' 'The most heartening development is people are now not tolerating such things.'
China is likely to deploy Artificial Intelligence-generated content via social media to sway public opinion to boost its geopolitical interests during elections in countries like India, South Korea and the US, tech giant Microsoft has warned.
'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'
At 13, Anoushka Jolly has received funding for her app Kavach through which students like her can report incidents of bullying and harassment anonymously
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.
Paris 2024 gearing up to face unprecedented cybersecurity threat
A passenger at Delhi airport said that most of the flights are delayed.
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
Ananya Panday treated her fans to pictures from her camera that she had forgotten about.
Kataria has been involved in a big nexus of the human traffickers since last year and may have links with an international gang, the police said.
Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.
Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.
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