Sunil Barthwal, Commerce Secretary The issues which figured in the...
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Star Health says cyberhacker demanded $68k ransom after leaking its data
Star, which has previously said it is a "victim of a targeted...
FPIs take out Rs 58,711 cr from equities in Oct, DIIs come to the rescue of stock market
The major trend in foreign portfolio flows in October, so far, has...
Bank accounts of over 200 NDMC employees hacked, money siphoned off
NEW DELHI : Bank accounts of more than 200 employees of New Delhi Municipal Corporation (NDMC) were allegedly hacked and money siphoned off in the first week of February, police said on Friday. Though police have received only two complaints of online fraud...
18 PSBs hit by fraud cases of Rs 1.17 trn in Apr-Dec of FY20
SBI reported 4,769 cases of banking frauds worth Rs 30,300 crore during the nine-month period ended December 2019. This is about 26 per cent of the Rs 1,17,463.73 crore, which is the total amount of reported cases of banking frauds in PSBs during this period, he said.
Indian pharma cos may face supply shortages from China if coronavirus drags on
Optimism that the worst of the outbreak centered in China’s Hubei province and its capital Wuhan would be over by April took a major hit late on Wednesday. Chinese health officials, using a broader method of confirming coronavirus cases, said they shot up by nearly 15,000 in Hubei with total deaths in China nearing 1,400.
I-T Dept to share taxpayers’ PAN, other data with SEBI to help in stock market-related probes
Name and PANs of partners in partnership firm and LLPs, KYC information contained in IT Return like email id, mobile number, address, IP address appearing on the acknowledgement of the filed IT Return, financial particulars of the business as filed in ITR and tax audit report, including income from trading in securities, bank account details.
U.S. permits Startup Nuro to deploy up to 5,000 driverless delivery vehicles
The rollout of the R2 vehicle will take place in Houston, with plans for it to deliver items like pizza and groceries. It is about half the width of a regular car, has no steering wheel or seating positions and boasts gull-wing cargo doors reminiscent of the time-traveling car in the “Back to the Future” films.Nuro, a privately held robotics company based in Mountain View, California, said it will begin public road testing to prepare deliveries in Houston in the coming weeks.
Records of payment cards of Indian banks are being sold for $9 apiece on Joker’s Stash
The database exposed card numbers, expiration dates, CVV/CVC codes and some additional information such as cardholders’ full name, as well as their emails, phone numbers and addresses, security researchers from Group-IB found
RBI holds rates steady, raise deposit insurance rate marginally
The RBI has also decided to increase the insurance cost of bank deposits as the cover will be increased to Rs 5 lakh from Rs 1 lakh which was earlier announced by finance minister Nirmala Sitaraman in Budget 2020. The cost will be increased by 2 paise from 10 paise to 12 paise for a deposit of Rs 100 which wouldn’t increase the costs of the bank
AXA XL creates role of Global Chief Underwriting Officer, Cyber
“The cyber insurance market is growing exponentially. Recent reports predict the Global Cyber Insurance Market to reach $21.4 billion in the next five years,”
Twitter says state-backed actors may have accessed users’ phone numbers
Tech publication TechCrunch reported https://techcrunch.com/2019/12/24/twitter-android-bug-phone-numbers on Dec. 24 that a security researcher, Ibrahim Balic, had managed to match 17 million phone numbers to specific Twitter user accounts by exploiting a flaw in the contacts feature of its Android app. TechCrunch said it was able to identify a senior Israeli politician by matching a phone number through the tool.
Aon acquires Canadian cyber security firm Cytelligence Inc
Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. According to Aon’s 2019 Global Risk Management Survey, cyber-attacks were identified as a top ten risk facing organizations and is predicted to be one of the top three risks for organizations in 2022.