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Over 8.5 lakh mule accounts in 700 bank branches used by cyber criminals CBI
The CBI has found that these mule accounts -- established using...
India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029
``India's wealth management market is undergoing a seismic shift,...
AI unlikely to destroy most jobs, but clerical workers at risk, ILO says
An explosion of interest in generative AI and its chatbot applications has sparked fears over job destruction, similar to those that emerged when the moving assembly line was introduced in the early 1900s and after mainframe computers in the 1950s. However, the study...
SBI Life launches a 24X7 contact centre
SBI Life Insurance launched its dedicated 24X7 inbound contact centre to address before and after purchase queries related to comprehensive insurance solutions provided by the company. The toll-free number is 18002679090.
Over 947mn cyberattacks blocked in India out of 1.1bn worldwide in Q2: Report
Banking and insurance and healthcare were the particularly targeted sectors that were heavily affected as each website in this sector faced bot attacks. New Delhi: More than 947 million cyberattacks blocked in India, out of a global total of 1.1 billion in the second...
The FAA orders quick inspections of some Pratt & Whitney turbofan engines on Airbus jets
U.S. regulators are requiring immediate inspections and possible repairs to Pratt & Whitney engines on some Airbus passenger jets because of a manufacturing problem that could cause parts to wear out sooner than expected WASHINGTON: U.S. regulators are requiring...
Global Fintech Festival 2023 aims to aid startups bag USD 10 mn in funding
Union Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, RBI Governor Shaktikanta Das, Sebi chairperson Madhabi Puri Buch, Irdai chairman Debasish Panda and SBI chairman Dinesh Khara will be among the speakers at the event Mumbai: Global...
Demand for electric two wheelers slowing down due to reduced govt subsidy: Report
Sales of electric two wheelers also significantly declined in Q1 FY24 due to the government withholding FAME subsidies for certain Original Equipment Manufacturers (OEMs), it said Additionally, the report said that a subsidy reduction to Rs 10,000 per kWh from Rs...
Verification of SIM card dealers mandatory; bulk connections discontinued to curb frauds: Ashwini Vaishnaw
Union minister Minister of Railways, Communications and Electronics & Information Technology (IT) Ashwini Vaishnaw has clarified that the verification of SIM card dealers will be carried out by "the licensee" or the respective telecom operator and added that a...
Govt tests ’emergency alert system’, sends sample message to several users
The government is working with the National Disaster Management Authority to improve preparedness for disasters such as earthquakes, tsunamis, and flash floods. Last month, the government tested the same alert with several users in the country New Delhi: The...
Laptop can be quite a potent source of leakage: Goyal on import restriction
"We are conscious that laptops are our continuous companion. Laptops are being used for all our privileged and confidential information. And they can be quite a potent source of leakage," Union minister of commerce and industry Piyush Goyal said New Delhi: Union...
AI with 95% accuracy can steal passwords by ‘listening’ to keystrokes: Study
"The ubiquity of keyboard acoustic emanations makes them not only a readily available attack vector but also prompts victims to underestimate (and therefore not try to hide) their output," the study said "For example, when typing a password, people will regularly hide...