WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
Switzerland has been facing international pressure as countries step up efforts to curb illicit fund flows.
Switzerland, long known as a place with unbreakable banking secrecy, has come under intense global pressure, including from India, to crack down on illicit fund flows.
'A mule operates someone else's account to transfer illegal money.'
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
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.
A Singapore court on Thursday granted a four-month moratorium to Indian cryptocurrency exchange WazirX, a period which the embattled firm will use to restructure its business without worrying about legal proceedings. A moratorium offers applicant temporary relief from legal proceedings. WazirX, India's biggest crypto exchange, suffered a major hacking attack in July this year losing close to $230 million.
Don't panic if your car is stolen because your insurer is liable to pay the full amount as compensation, but you need to keep in mind that your claim should be genuine because most of the insurers try to avoid such claims, says Harjot Singh Narula
'When I called the HR department, they abused me.'
Divya Nair recommends that non-Vijay fans save their money and wait for GOAT to drop on Netflix instead. At least you can fast forward and get to the climax faster.
Thousands of cars are stolen every day around the world.
Mayank Goyal, founder and CEO, moneyHOP, will answer queries related to how to best manage your money while travelling internationally.
In a recent townhall meeting, creditors of WazirX pressed founder Nischal Shetty and the restructuring legal team for solutions, seeking representation on the committee of creditors (CoC) and expeditious restructuring within four months, and asked for clarity on redistribution of potential gains from future crypto market upswings.
Recovering your stolen phone is an arduous task. Here's what it took to get it back.
About 70 Indian passports have reportedly been stolen from BLS International, a private company in San Francisco, to which the Indian consulate has outsourced various visa and passport related services.
Wonder which cars are targeted by thieves? Among the most stolen cars, majority of them are small cars.
"Do I need somebody's permission whenever I move out of Lucknow? Is there a problem why I am not being allowed to go to Agra, is there a law and order issue," she asked policemen who stopped her cavalcade.
One of the biggest worries of a car owner is somebody stealing their vehicle.
Delivering the verdict, Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot said that there was "no sign of a false case being mounted against him".
A recent study on Naxalism in India has concluded that Naxal fighters spend roughly Rs 140 crore annually to wage war against the Indian State.
The Enforcement Directorate on Friday conducted fresh searches in poll-bound Rajasthan as part of its money laundering investigation into the alleged Jal Jivan Mission scam.
In the era of technology-driven crime, when stolen money and intellectual property can be digitally transmitted in seconds, corporates are often handicapped while investigating frauds that occur in other countries, says a survey.
'Avoid rushing into any financial transactions or disclosing personal information.'
Last week, a farmer from Belur in Hassan district complained that tomatoes worth over Rs 2.7 lakh were stolen.
Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
Bots don't suffer from the same nervousness that real matches do. This makes every conversation with a bot almost flawless and smooth, alerts rediffGURU Ravi Mittal.
The Central Equipment Identity Register (CEIR) of the department of telecommunications (DoT) has traced 285,000 lost or stolen mobile phones and blocked 680,000 devices since being launched. However, recoveries remain relatively low at 20,771 devices. According to government estimates, around 50,000 mobile phones are stolen every month in the country. Launched nationwide on May 16, the CEIR is a part of the DoT's Sanchar Saathi portal. It is the primary government platform aimed at protecting mobile phone users from various frauds such as identity theft, forged KYC, theft of mobile devices and banking frauds.
While some of the banks mentioned in the report said they have not come across any such fake apps, others have started an inquiry and also informed the CERT-In -- the national nodal agency for responding to computer security incident.
Sebi is looking into the matter.
'Pakistan has stolen from the Indian diplomatic toolbox a potent rope trick -- bypassing the ruling elite in Delhi (and the Indian establishment) to reach out to Indian Sikhs directly and fostering people-to-people contacts,' points out Ambassador M K Bhadrakumar.
India has been probing hundreds of black money cases.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
'The public has appreciated Badlapur and a black marketeer was trying to sell me a ticket the other day!' Director Sriram Raghavan tells Patcy N/ Rediff.com
The Telecom Regulatory Authority of India (Trai) on Wednesday invited all stakeholders in the telecom industry to give suggestions on issues relating to blocking the International Mobile Equipment Identity (IMEI) for lost or stolen mobile handsets.
Global payment system company Visa International on Friday said all Visa debit cards issued in India will be protected against any monetary losses, liabilities or claims due to fraudulent use of the card in case it was lost, stolen or misplaced.
Bihar's demand for electricity was assessed at 2,994 MW
The DVAC searches were undertaken after the department arrested the ED's Madurai stationed enforcement officer Ankit Tiwari for allegedly accepting a bribe of Rs 20 lakh from a doctor.
Merely stating that parking was 'at owner's risk' would not absolve the hotel of its liability.
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