News for 'data breach'

Days after admitting glitch, IIT dismisses JEE data breach claims

Days after admitting glitch, IIT dismisses JEE data breach claims

Rediff.com5 Jun 2026

IIT-Roorkee, which conducted the exam this year, said that the information circulating on social media 'does not accurately reflect what happened' and alleged an attempt to spread misinformation.

Average cost of data breach in India rises 13% in 2025

Average cost of data breach in India rises 13% in 2025

Rediff.com7 Aug 2025

The average cost of an organisation for a data breach has risen 13 per cent to Rs 22 crore in 2025 from Rs 19.5 crore in the year-ago period, according to a report released on Thursday. However, despite the surge in costs, the security in artificial intelligence is still lacking, the report by global tech major IBM said.

CBSE lodges plaint over coordinated cyber attacks on post-result portal

CBSE lodges plaint over coordinated cyber attacks on post-result portal

Rediff.com5 Jun 2026

The Central Board of Secondary Education (CBSE) has lodged a formal complaint with the Delhi Police regarding a series of coordinated cyber attacks targeting its post-result services portal. The board confirmed that all attacks were successfully mitigated, and no data breach or compromise of information was detected. The attacks aimed to destabilise the platform and potentially extract information, occurring amidst existing controversies for CBSE concerning alleged mismatches in Class 12 answer sheets.

Delhi Police Launches Probe Into Sophisticated CBSE Portal Cyberattacks

Delhi Police Launches Probe Into Sophisticated CBSE Portal Cyberattacks

Rediff.com5 Jun 2026

Delhi Police has initiated an investigation into "coordinated" and "sophisticated" cyberattacks targeting the CBSE's post-result services portal, which was set up for Class 12 answer sheet verification. The CBSE filed a complaint after detecting malicious traffic from various IP addresses, though it confirmed that all attacks were mitigated and no data breach occurred. This incident follows student complaints regarding discrepancies in scanned answer sheets.

Average cost of data breaches in India hits $2.18 million: RBI report

Average cost of data breaches in India hits $2.18 million: RBI report

Rediff.com30 Jul 2024

The average cost of data breaches in India reached $2.18 million in 2023, marking a 28 per cent increase since 2020, according to the Reserve Bank of India's (RBI) Currency and Finance report for 2023-24. The report said that India's average data breach cost was still below the global average. The most common attacks in India are phishing which was at 22 per cent and stolen or compromised credentials was 16 per cent. The automotive industry is highly vulnerable to cyber attacks, whereas the banking and financial services sector, benefiting from stringent regulations, enjoys comparatively stronger protection.

Infosys' US arm accused of data breach affecting 57,028 cutomers

Infosys' US arm accused of data breach affecting 57,028 cutomers

Rediff.com14 Feb 2024

Bank of America has named Infosys McCamish Systems as a source of a data breach that it said affected 57,028 customers, as per documents submitted to the Maine Attorney General in the US. Infosys McCamish Systems (IMS) is an Infosys' step-down subsidiary. The notification, penned on behalf of Bank of America, describes the breach as an "external system breach (hacking)", while the information acquired has been mentioned as "name or other personal identifier in combination with: social security number".

Economic Offences Decline Marginally In Delhi: NCRB Data

Economic Offences Decline Marginally In Delhi: NCRB Data

Rediff.com6 May 2026

Delhi recorded a marginal decline in economic offences in 2024 compared to the previous two years, but suffered the highest property losses among all Union territories, according to the National Crime Records Bureau data.

Cost of data breach hits record high during pandemic: IBM

Cost of data breach hits record high during pandemic: IBM

Rediff.com28 Jul 2021

Security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic with the cost of data breaches to Indian organisations rising close to 18 per cent to Rs 16.5 crore on an average between May 2020 and March 2021, according to a report by IBM. The study pointed towards similar trends in other parts of the world with data breaches costing surveyed companies $4.24 million per incident on an average - the highest in the report's 17-year history.

Data Breach: 'Government is always in denial'

Data Breach: 'Government is always in denial'

Rediff.com22 Jun 2023

'Why does a State that sees a national security issue at every turn not recognise the seriousness of the data from sensitive databases being breached?'

Crude Oil Futures Climb Over 3%; Brent breaches $107

Crude Oil Futures Climb Over 3%; Brent breaches $107

Rediff.com12 May 2026

Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.

Telegram being used for terror activities, leaked papers, Centre tells HC

Telegram being used for terror activities, leaked papers, Centre tells HC

Rediff.com19 Jun 2026

The Centre on Thursday informed the Delhi high court that the Telegram messaging app was being exploited for illegal activities ranging from cybercrime and financial frauds to terrorism and circulation of leaked examination papers.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

Lessons from Justdial 'data breach'

Lessons from Justdial 'data breach'

Rediff.com26 Apr 2019

At a time when services are rapidly digitising in India, enterprises are witnessing a rise in cases of sensitive data exposure risks and breaches.

Paytm Mall suffers huge data breach, gets ransom call

Paytm Mall suffers huge data breach, gets ransom call

Rediff.com31 Aug 2020

Hacker group John Wick is said to be responsible for the Paytm Mall database breach.

Average cost of data breach in India touches Rs 17.9 cr in 2023: IBM study

Average cost of data breach in India touches Rs 17.9 cr in 2023: IBM study

Rediff.com25 Jul 2023

The average cost of a data breach in India reached Rs 17.9 crore in 2023, according to the IBM Security report that classified it as an "all-time high" for the report and almost a 28 per cent increase since 2020. The most common attack type in India was phishing (almost 22 per cent), followed by stolen or compromised credentials (16 per cent). Social engineering was the costliest root cause of breaches at Rs 19.1 crore, followed by malicious insider threats, which amounted to nearly Rs 18.8 crore.

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Rediff.com23 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

Aadhar data breach: Is your information safe?

Aadhar data breach: Is your information safe?

Rediff.com5 Jan 2018

Are you worried your personal information linked to Aadhar may be compromised?

MeitY Probes Indian Data Leak In Global Breach

MeitY Probes Indian Data Leak In Global Breach

Rediff.com30 Jun 2025

'Given the proportion of the global leak, it is very likely that the data of Indian citizens might be on the dataset.'

Amazon once again in 'data breach' controversy

Amazon once again in 'data breach' controversy

Rediff.com10 Jan 2019

Sellers downloading their monthly financial reports were served with those of other vendors, leading to a breach of competitive businesses data.

Companies lose Rs 6 cr annually to data breaches

Companies lose Rs 6 cr annually to data breaches

Rediff.com6 Jun 2013

Indian companies lose over Rs 6 crore (Rs 60 million) annually to data breaches resulting from system glitches, human errors and malicious attacks, security software maker Symantec said.

Penalty of up to Rs 500 cr for data breach: Govt

Penalty of up to Rs 500 cr for data breach: Govt

Rediff.com18 Nov 2022

The government has raised the penalty amount to up to Rs 500 crore for violating the provisions proposed under the draft Digital Personal Data Protection Bill 2022 issued on Friday. The draft personal data protection bill in 2019 proposed a penalty of Rs 15 crore or 4 per cent of the global turnover of an entity. The draft proposes to set up a Data Protection Board of India, which will carry on functions as per the provisions of the bill.

Data breach could cost world's top brands up to $223 billion

Data breach could cost world's top brands up to $223 billion

Rediff.com10 Mar 2021

The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.

Someone Else Owns India's Off Switch

Someone Else Owns India's Off Switch

Rediff.com17 Jun 2026

A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.

Why IPL Banned Smart Sunglasses For Players, Officials

Why IPL Banned Smart Sunglasses For Players, Officials

Rediff.com29 May 2026

The BCCI's Anti-Corruption Unit has banned the use of smart sunglasses by players and match officials in the ongoing IPL due to security concerns and advanced communication features.

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com28 May 2026

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com20 Mar 2026

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

Hit by data breach? Here's how to reboot your life and control the damage

Hit by data breach? Here's how to reboot your life and control the damage

Rediff.com4 Jan 2020

By the time the security failure is discovered and fixed, the damage is already done. A CIO survey by Forcepoint and Frost & Sullivan found that 69 per cent of Indian organisations were at risk of data breach. Whenever there is data breach, there is a potential disaster waiting to happen.

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Rediff.com17 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.

'Maybe 21-22%': Iran's missile arsenal reduced to a fraction, claims Trump

'Maybe 21-22%': Iran's missile arsenal reduced to a fraction, claims Trump

Rediff.com6 Jun 2026

US President Donald Trump has claimed that Iran's missile capabilities have been severely degraded, saying Tehran now possesses only a fraction of the arsenal it had before recent hostilities.

Card data breach: Govt promises prompt action

Card data breach: Govt promises prompt action

Rediff.com21 Oct 2016

As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

MobiKwik continues to deny any data breach, but will do forensic audit

MobiKwik continues to deny any data breach, but will do forensic audit

Rediff.com31 Mar 2021

If the data breach is found to be genuine, and if the company is found guilty on the grounds of dereliction of duty, or misleading the general public and the RBI about the data breach, actions taken against it will be severe, the person quoted above said.

Passenger sues Air India for personal data breach: What happens now?

Passenger sues Air India for personal data breach: What happens now?

Rediff.com14 Jul 2021

Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

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.

Facebook data breach: Govt issues notice to Cambridge Analytica

Facebook data breach: Govt issues notice to Cambridge Analytica

Rediff.com23 Mar 2018

The notice came after reports that political parties had used the data analytics firm during elections.

NEET leak: CBI reveals how accused got leaked question papers

NEET leak: CBI reveals how accused got leaked question papers

Rediff.com14 May 2026

The CBI has requested police custody of four individuals arrested in connection with the NEET-UG 2026 paper leak, alleging the exam was compromised by circulating question papers online.

Delhi Police Book Hundreds In Drunk Driving Crackdown

Delhi Police Book Hundreds In Drunk Driving Crackdown

Rediff.com19 Apr 2026

Delhi Traffic Police booked 269 people for drunk driving during a special night checking operation across the city. The operation, conducted over three hours, involved local police and PCR units. This is part of an ongoing campaign against driving under the influence of alcohol.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.