News for 'cyberSecurity'

After US ban Israel distances itself from Pegasus-maker NSO

After US ban Israel distances itself from Pegasus-maker NSO

Rediff.com8 Nov 2021

"NSO is a private company, it is not a governmental project and therefore even if it is designated, it has nothing to do with the policies of the Israeli government," Israel's Foreign Minister, Yair Lapid, said at a joint press conference with Prime Minister Naftali Bennett and Finance Minister Avigdor Lieberman at the Prime Minister's Office on Saturday evening.

Wipro ups IT services revenue guidance to 8-10% in Q1

Wipro ups IT services revenue guidance to 8-10% in Q1

Rediff.com30 Apr 2021

Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its $1.45 billion buyout of Capco. While announcing its March quarter results earlier this month, Wipro had said it expects to log a sequential growth of 2-4 per cent in its IT services revenues in the June 2021 quarter without including revenue from Capco and Ampion acquisitions. In March, Wipro had announced the acquisition of London-headquartered Capco in a $1.45 billion (over Rs 10,500 crore) deal - its largest ever till date.

HCL Tech becomes 4th IT firm to hit Rs 3 trillion in m-cap

HCL Tech becomes 4th IT firm to hit Rs 3 trillion in m-cap

Rediff.com14 Aug 2021

Shares of HCL Tech hit a fresh record high of Rs 1,118.55 on Friday, up 2 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 1,101 touched on Thursday in intra-day deals.

Xi's no show at COP26 a big mistake: Biden

Xi's no show at COP26 a big mistake: Biden

Rediff.com3 Nov 2021

Speaking at his closing press conference at the COP26 Summit, Biden expressed disappointment over with Chinese actions on climate in Rome, and also the lack of willingness for Chinese President Xi Jinping to show up at either the G20 or COP26 summit.

Work from home: How safe is your data?

Work from home: How safe is your data?

Rediff.com30 Mar 2020

India doesn't have a data protection law or a dedicated law on cybersecurity. Also, there is no specialised law on privacy. Experts say this complicates the scenario for businesses as they continue to be liable for breach in client data even when employees work out of the home.

Twitter account of PM Modi's website hacked, later restored

Twitter account of PM Modi's website hacked, later restored

Rediff.com3 Sep 2020

Twitter said as per its investigation, the latest attack was not due to a compromise of Twitter's systems or service.

No Chinese attack behind Mumbai blackout: Power minister

No Chinese attack behind Mumbai blackout: Power minister

Rediff.com2 Mar 2021

Union Power Minister R K Singh says the Mumbai power outage of October 2020 was caused by 'human error'.

China trying to take over Bagram base in Afghanistan: Haley

China trying to take over Bagram base in Afghanistan: Haley

Rediff.com2 Sep 2021

Haley said there is a need to closely watch China as it is making a move to take over the Bagram air force base that was controlled by the United States for nearly two decades.

India, US, Oz, Japan all set for 4-day Malabar wargame in Western pacific

India, US, Oz, Japan all set for 4-day Malabar wargame in Western pacific

Rediff.com22 Aug 2021

The next edition of the high-voltage Malabar naval exercise begins from August 26 to 29 off the coast of Guam amid mounting global concerns over China's growing military muscle-flexing in the Indo-Pacific region.

IBM bets big on India, to open more software development centres

IBM bets big on India, to open more software development centres

Rediff.com19 Nov 2021

US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna met Finance Minister Nirmala Sitharaman, Telecom Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar to discuss deeper collaboration including skilling and workforce development. The firm that originally designed the technology and system behind ATMs, barcodes and the US social security net, is greatly enthused with the speed at which the Indian government is willing to make decisions and where it is moving, he told a select media briefing.

Pegasus scandal: Israel launches probe against NSO

Pegasus scandal: Israel launches probe against NSO

Rediff.com30 Jul 2021

Representatives of several bodies visited the office of NSO to assess the allegations raised in regards to the company on Wednesday, a spokesperson for Israel's Ministry of Defence said.

'We will try to be among top 3 IT services firms'

'We will try to be among top 3 IT services firms'

Rediff.com5 Jan 2022

'There is definitely a skill war, or a talent war going on.'

Microsoft picks Delhi NCR for its 7th cyber security centre

Microsoft picks Delhi NCR for its 7th cyber security centre

Rediff.com21 Oct 2016

The India centre, which is the seventh such facility for the company globally, will function as a satellite to Microsoft's Redmond-based Digital Crimes Unit.

India Inc still reeling under the menace of data theft

India Inc still reeling under the menace of data theft

Rediff.com9 Oct 2019

Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India's number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.

Mindtree to buy L&T's NxT Digital Business

Mindtree to buy L&T's NxT Digital Business

Rediff.com20 May 2021

Mindtree on Thursday said it will acquire the NxT Digital Business from Larsen and Toubro (L&T) for Rs 198 crore, a move that will enable the mid-sized IT firm to capture opportunities in the IoT and Industry 4.0 space. The acquisition would enable Mindtree to capture opportunities in the IoT and Industry 4.0 market by leveraging NxT Digital Business capabilities to cross-sell and create holistic solutions for new prospects as well as for existing clients, a regulatory filing said. Capability in this space will bolster Mindtree's vision to leverage existing digital strengths and aim to become a 'Go-to business transformation partner' for clients, it added.

Mobile operators rush to rework equipment sourcing pacts

Mobile operators rush to rework equipment sourcing pacts

Rediff.com14 Apr 2021

While the government has not barred procurement of equipment from Chinese companies, the process to amend the general financial rules (GFR) 2017 has started. This will impose restrictions on bidders in public procurement from countries that share a land border with India, reports Megha Manchanda.

At his last AGM Premji outlines Wipro's 4 focus areas

At his last AGM Premji outlines Wipro's 4 focus areas

Rediff.com17 Jul 2019

Digital, cloud, engineering services, and cybersecurity will drive Wipro's growth. 'Based on approval from the board, we have decided to step up our investments significantly in these four big bets,' Premji said in his last address as executive chairman.

China accuses US of using democracy as 'WMD' to stoke confrontation

China accuses US of using democracy as 'WMD' to stoke confrontation

Rediff.com11 Dec 2021

While the US omitted China and Russia from the list of invitees, Beijing was furious over the invitation to the self-governing island Taiwan, which China said is a blatant violation of the 'One China' policy that considers Taipei as the integral part of the Chinese mainland.

How banking system changed post Nirav Modi scam

How banking system changed post Nirav Modi scam

Rediff.com26 Nov 2020

'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'

Israel to probe misuse of Pegasus, review licensing process

Israel to probe misuse of Pegasus, review licensing process

Rediff.com23 Jul 2021

The alleged use of the Pegasus software to spy on journalists, human rights defenders, politicians and others in a number of countries including India triggered concerns over issues relating to privacy.

8 exciting tech careers for Indian engineers

8 exciting tech careers for Indian engineers

Rediff.com11 Feb 2020

There is a high demand for IT professionals who can envision, design and develop applications for the future.

US is losing global cyberwar

US is losing global cyberwar

Rediff.com9 Dec 2008

Center for Cybersecurity Operations is proposed to protect military, government, and corporate electronics from criminals and other nations

India's IT and business services mkt to reach $13 bn by Dec 2020: IDC

India's IT and business services mkt to reach $13 bn by Dec 2020: IDC

Rediff.com25 Nov 2020

India's IT and business services market is expected to grow 5.4 per cent annually to reach $13 billion by December this year, research firm IDC said. The segment grew 5.3 per cent year-on-year (y-o-y) in January-June (H1) 2020 period as compared to 8.9 per cent growth in H1 2019, IDC said in a report. Of the IT and business services market, the IT services market contributed 77.4 per cent in H1 2020, growing 5.9 per cent y-o-y as compared to 9.3 per cent growth in the year-ago period.

Why RBI feels banks' asset quality 'may get dented'

Why RBI feels banks' asset quality 'may get dented'

Rediff.com29 Dec 2021

The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.

Sunil Mittal on what telecom sector needs to remain viable

Sunil Mittal on what telecom sector needs to remain viable

Rediff.com10 Aug 2021

Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.

Use tech to scale up COVID-19 vaccination: Nilekani

Use tech to scale up COVID-19 vaccination: Nilekani

Rediff.com20 Apr 2021

'We are the only country in the world where everybody gets a digital vaccination certificate immediately... Then as we open up, as they did yesterday, which I think is a welcome move, you will have lots and lots of points where people will come in'

Infosys Q3 net profit up 11.8% at Rs 5,809 cr

Infosys Q3 net profit up 11.8% at Rs 5,809 cr

Rediff.com12 Jan 2022

The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,197 crore a year ago, a regulatory filing said. Infosys' revenue grew 22.9 per cent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added.

Why US fears crippling cyber attack from China

Why US fears crippling cyber attack from China

Rediff.com11 May 2011

One subject of the third round of the US-China Strategic and Economic Dialogue will be cybersecurity.

Financial inclusion a key driver of economic growth: Das

Financial inclusion a key driver of economic growth: Das

Rediff.com15 Jul 2021

RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a "policy priority" for the central bank to make the post-pandemic recovery more equitable and sustainable. The Reserve Bank of India will very soon be coming out with the first financial inclusion index, which will assess progress in terms of access, usage and quality, Das said, while speaking at the Economic Times Financial Inclusion Summit. It is the responsibility of all stakeholders to ensure that the financial ecosystem (including the digital medium) is inclusive and capable of effectively addressing risks like mis-selling, cybersecurity, data privacy and promoting trust in the financial system through appropriate financial education and awareness, he added.

Tech spend in 2021 to be better than last 2 years: Nasscom survey

Tech spend in 2021 to be better than last 2 years: Nasscom survey

Rediff.com24 Mar 2021

With the economy gaining pace and large deals back on the table, chief executive officers (CEOs) of tech companies believe global tech spending will witness growth this year. According to CEO Survey by Nasscom, about 71 per cent chief executives expect global spend to grow over 4 per cent. The figure is significantly higher than the previous two years - 41 per cent and 59 per cent in 2019 and 2020, respectively. The survey also said the recovery in global tech spending will be led by the digital segment.

'Breach of employee accounts will not have any effect on Wipro's financials'

'Breach of employee accounts will not have any effect on Wipro's financials'

Rediff.com16 Apr 2019

Cybersecurity blog KrebsOnSecurity had said Wipro's systems had been breached and were being used to launch attacks against some of its clients.

BigBasket suffers data breach, details of 2 cr users put on sale

BigBasket suffers data breach, details of 2 cr users put on sale

Rediff.com8 Nov 2020

Grocery e-commerce platform BigBasket has faced a potential data breach which could have leaked details of its around two crore users, according to cyber intelligence firm Cyble. The company has filed a police complaint in this regard with the cyber crime cell in Bengaluru and is verifying claims made by cyber experts.

Chinese hackers targeted Indians with e-shopping scams

Chinese hackers targeted Indians with e-shopping scams

Rediff.com19 Dec 2020

'E-commerce scams are not new, but what s more alarming is the covert cyber warfare the Chinese entities are launching in India on a repeated basis.'

Govt issues notice to Twitter after recent hacking scandal

Govt issues notice to Twitter after recent hacking scandal

Rediff.com18 Jul 2020

The government has also demanded information on vulnerability exploited by attackers and modus operandi of the attack, and sought details of remedial measures taken by Twitter to mitigate the impact of the hacking incident.

10 career tips for Indian techies

10 career tips for Indian techies

Rediff.com19 May 2020

Employers are now looking to hire professionals who can demonstrate their skills rather than reel off a catalogue of undirected theoretical qualifications.

How to Defeat Pirates who STEAL Films

How to Defeat Pirates who STEAL Films

Rediff.com9 Jun 2021

Intelligent tools are being deployed to detect content pirated from OTT platforms.

India tops ransomware attacks globally

India tops ransomware attacks globally

Rediff.com2 Jun 2021

About 67 per cent of Indian organisations whose data was encrypted paid a ransom to get back their data-a slight increase on the previous year when 66 per cent paid a ransom. In fact, Indian entities were the most likely to pay a ransom of all countries surveyed: the global average was just under a third (32 per cent). These were the findings of the global survey 'The State of Ransomware 2021' conducted by cybersecurity firm Sophos. The survey findings further stated that the total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021 globally.

Aarogya Setu app becomes open source to address privacy concerns

Aarogya Setu app becomes open source to address privacy concerns

Rediff.com27 May 2020

'Transparency, privacy and security have been the core design principle of Aarogya Setu. Opening the source code to developer community signifies Government of India continuing principal to these commitments'

Sitharaman reviews state of economy with regulators

Sitharaman reviews state of economy with regulators

Rediff.com7 Nov 2019

The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.

MS Dhoni is riskiest celebrity to search online

MS Dhoni is riskiest celebrity to search online

Rediff.com22 Oct 2019

Other Indian celebrities in the list, whose names are used to lure unsuspecting fans to such websites, include actors Radhika Apte and Shraddha Kapoor, sportsperson P V Sindhu and also former cricketer Sachin Tendulkar, the list prepared by McAfee said.