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Insurance loss estimated for outage at AWS can range from $38 million-$581 million, says CyberCube
CyberCube’s analysis shows that the outage is likely to have...
Jaguar Land Rover hack cost UK economy $2.5 billion, report says
"This incident appears to be the most economically damaging cyber...
CBIC urges public to discern modus operandi of fraudsters
The Ministry of Finance has referred to various news portals and social media platforms that have highlighted a disturbing trend where fraudsters are duping the public into paying money under the false pretence of avoiding legal penalties New Delhi: The Central Board...
SBI to monetise subsidiaries after scaling up their businesses, no IPO for SBI General this year: Chairman
Dinesh Kumar Khara,Chairman,State Bank of India This move is anticipated to enhance valuation and deliver superior returns for the parent company, State Bank of India Mumbai: SBI Chairman Dinesh Kumar Khara has announced a strategic delay in monetizing the bank's...
Drafting of rules under data protection law in advanced stage; extensive industry consultations soon: Vaishnaw
Ashwini Vaishnaw, Union Minister for for Electronics and IT The Parliament had passed the DPDP Act in August last year. The key piece of legislation aims to protect the privacy of Indian citizens while proposing a penalty of up to Rs 250 crore on entities for misusing...
Trai takes up fraud, pesky call issues in meeting with financial regulators, institutions
The telecom regulator discussed the allocation of 160 series exclusively for making transactional and service voice calls, which has been earmarked for all entities regulated by the RBI, Sebi, Irdai and PFRDA in the first stage NEW DELHI: Telecom regulator Trai has...
Urbanisation’s influence on climate change increasing in recent decades, study finds
Researchers analysed land temperatures from all over the world and discovered that, although contributing only 2 percent of land warming between 1992 and 2019, urbanisation is still not the primary driver of climate change. It was discovered that India's urban areas...
Unauthorised transaction due to third party breach: Bank customer has zero liability, says HC
A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla was hearing a petition filed by one Jaiprakash Kulkarni and Pharma Search Ayurveda Private Limited challenging an order passed by the Banking Ombudsman refusing to direct the Bank of Baroda to refund...
GI Council to develop a tech platform auto-generating jobs seamlessly to surveyors for retail claims: IRDAI
The system should be developed in such a manner that whenever a claim is reported by the customer and registered by the insurer, the assignment of surveyor should happen automatically on a random basis by the new digital platform. The system will also seamlessly...
In deepfake era photos claiming adultery by spouse to be proved by evidence Delhi HC
"We may take judicial notice of the fact that we are living in the era of deepfakes and, therefore, this is an aspect that the appellant/ husband, perhaps, would have to prove by way of evidence before the family court," the bench said New Delhi: In the era of...
Bima Sugam: IRDAI forms an interim board for project, new company and CEO by month end
Headquartered in Mumbai, the entity would now be incorporated as a Section 8 (non-profit) company under the name ‘Bima Sugam India Federation’. The members of its interim board are are- Rakesh Joshi, former member, IRDAI, Naveen Tahilyani, MD&CEO, Tata Digital,...
3 crore OPD tokens generated using ABHA-based Scan and share service
An average of 1.3 lakh individuals utilize the scan and share service daily, demonstrating its utility and popularity, according to the Health Ministry. The widespread adoption by states is streamlining patient registration processes and enhancing efficiency at OPD...