'Hackers from China and UK were involved in the October 12 power outage,' Maharashtra power minister tells Rediff.com.
The Reserve Bank has given time till November 30 to banks and NBFCs to put in place a mechanism to ensure that existing digital loans are in compliance with the modified norms aimed at protecting the interest of customers. Last month, the central bank tightened norms for 'digital lending' to prevent charging of exorbitant interest rates by certain entities and also check unethical loan recovery practices. In a circular, the RBI said outsourcing arrangements entered by Regulated Entities (REs) with a Lending Service Provider (LSP)/ Digital Lending App (DLA) do not diminish the REs' obligations and they shall continue to conform to the extant guidelines on outsourcing.
After a dip in 2020, the number of economic offences rose 19.4 per cent to 174,013 cases in 2021, according to the Crime in India report by the National Crime Records Bureau. The data shows that there was a marginal dip in the pendency of cases in 2021 at 96.6 per cent compared with 96.8 per cent in 2020, but this was still three percentage points higher than 93.6 per cent recorded in 2019. Economic offences include all offences of criminal breach of trust, counterfeiting, forgery, cheating, and fraud.
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
Sectoral cyber security teams to be set up to curb attacks, cyber coordination centre likely be set up in New Delhi by June.
The Securities and Exchange Board of India (Sebi) has plans to give a fillip to disclosure requirements to encourage better information symmetry at listed firms. Under the current regulations, companies need to disclose any event such as acquisition, merger, demerger, restructuring, or sale of any unit which will have an impact on the business. In its consultation paper dated November 12, Sebi has proposed new thresholds for so-called 'material disclosures'.
The Reserve Bank on Tuesday directed digital lending entities to disclose upfront the names of of their empanelled agents authorised to contact borrowers in case of default of loan, and also intimate the details to customers before initiating the recovery process. In August last year, the RBI had tightened norms for digital lending to prevent charging of exorbitant interest rates by certain entities and also check unethical loan recovery practices. Under the new norms, all loan disbursals and repayments are required to be executed only between the bank accounts of borrower and the regulated entities (like banks and NBFCs) without any pass-through/ pool account of the Lending Service Providers (LSPs).
Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.
The company said the new policy will be rolled out but the platform will allow users to read it at "their own pace".
Winter Games in Beijing has glaring security problems that could expose sensitive data to interception, according to a report
Sliding for the fifth straight session, the rupee fell 3 paise to close at a fresh lifetime low of 79.06 against the US dollar on Thursday amid a strong greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local unit opened at 78.92 against the greenback and witnessed an intra-day high of 78.90 and a low of 79.07. It finally settled at 79.06, down 3 paise over its previous close of 79.03.
Cybersecurity is a great opportunity for you to start your career.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
The channel has begun forensic investigations into the leak of the next episode, which was put up on Reddit three days before the official release.
Several global models are predicting El Nio to appear around the second half of the year, which are the crucial rain-bearing months.
Christopher Wylie deposed before the House of Commons Digital, Culture, Media and Sport Committee amid an escalating row around alleged Facebook data breaches linked with the controversial UK-based company, which has also been linked with alleged attempts to influence elections in India.
The previous highest-ever single-day spike in Delhi of 8,593 cases was reported on November 11, 2020, while on November 19, the city had recorded 131 COVID-19 deaths, the highest single-day fatality count till date.
'People, whose sensitive information has been leaked by State agencies or companies having license from UIDAI to access the Aadhaar database, can file suits, collectively or individually.'
The decision to grant 10 per cent EWS quota in admissions will not impact the availability of seats for the general and reserved categories as 2,13,766 additional seats will be added to those already existing in higher educational institutions, the Centre Tuesday told the Supreme Court while defending the 103rd constitution amendment.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
Musk also said that there will be a vote for major policy changes on Twitter.
Recent incidents suggest these safeguards perform well in simulated conditions and mock drills, but often fall short when actual threats emerge.
The rupee breached the 80-mark against the dollar on Tuesday. The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India. The listed companies' revenue expenses in foreign currency or imports exceed their export revenues or revenue earnings in forex. In their latest financial year, BSE500 companies, excluding banks and non-banking finance companies and insurance (BFSI), reported combined forex expenses of Rs 12.31 trillion against forex earnings of around Rs 10 trillion.
'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
Mumbai's Saturday Covid count is the highest since the 5,888 cases witnessed on April 24 this year during the second wave, the official said. The death toll increased by one to reach 16,377. Delhi's tally of coronavirus cases was 51 per cent higher than the figures registered a day before.
Security breach came days after the firm got approval to conduct trials for Covid-19 vaccine candidate Sputnik V.
Australia on Tuesday signed a $50 billion (Rs 3.3 lakh crore) deal with France for 12 sophisticated submarines to be built by French defence major DCNS that was at the centre of a controversy this year surrounding the leak of documents relating to India's Scorpene submarines.
The number of new coronavirus cases in India hit a record daily high since the outbreak of the pandemic with over 1.15 lakh new infections being reported in a span of 24 hours, pushing the nationwide COVID-19 tally to 1,28,01,785, according to the Union health ministry data updated on Wednesday.
To be competitive, you need to focus on building products very rapidly, says Werner Vogels.
Twitter users voted on Monday for Elon Musk to quit as head of the social media giant in a poll the technology tycoon ran on his future and promised to abide by its results.
He has also sought a direction to the Centre to take suitable steps to protect Indian citizens from the use of cyber-weapons or malware such as Pegasus.
The decision to prohibit people, who were yet to receive both doses of COVID-19 vaccine, from using public transport in the state had been taken to ensure those unvaccinated do not endanger the lives of others, it said.
The Supreme Court on Thursday warned the Maharashtra State Election Commission (SEC) of contempt action if it renotifies the election process to 367 local bodies, where it has already commenced, in order to provide reservation to OBCs.
The BSF has unearthed at least five under-ground tunnels in the about 192 km of the Jammu front (of the India-Pakistan IB) in the last three years.
Many IEDs explode even when the troops are on foot and their trigger mechanism gets activated just due to the pressure of the feet. These incidents have injured more than 100 personnel over the last two years, the officer said.
'Which fund manager in the world will put money into a company that hasn't filed its annual account?'
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
'New record for the Nifty50 is only a question of when.'
The Metropolitan Police has said it was probing into complaints that the search engine picked up people's online activities through unprotected home and business networks while photographing neighbourhoods for its 'street view' mapping feature.
