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Only 20-25% of India’s 850 mn internet users shop online, shows untapped potential: McKinsey Report
E-commerce companies are also finding new ways to serve consumers....
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance
Jitin Prasada,Minister of State for Electronics and IT “The...
Google accuses India antitrust body of protecting Amazon in Android probe
In the CCI's October order, which also fined Google $163 million, the company was asked to allow modified versions of its Android operating system, called Android forks, to be liberally distributed without any licensing restrictions such as those related to...
Ransomware attack hits Japan’s biggest port, disrupting cargo shipments
The Nagoya port authority said Russia-based ransomware group Lockbit 3.0 was responsible for the hack, Kyodo News reported Wednesday Recent data breaches often involve “double extortion” in which a ransom is demanded for the recovery of stolen information as well as...
Data Protection Bill gets Cabinet Nod; to be tabled during Parliament monsoon session
"In case of disputes, the Data Protection Board will decide. Citizens will have the right to claim compensation by approaching civil court. There are a lot of things that will evolve gradually," the source said According to the source, individuals will have the right...
Law firms wooing AI experts as clients demand ‘More for less
Legal services are the most vulnerable to ChatGPT-style software, according to a recent University of Pennsylvania study. The widely-accessible technology is particularly suited to time-consuming legal work, because of its ability to instantly analyze large documents,...
Delhi HC asks NIC to develop public platform to upload names of proclaimed offenders
The Inter-operable Criminal Justice System (ICJS) is an initiative of the e-Committee of the Supreme Court meant to enable seamless transfer of data and information among different pillars of the criminal justice system, like courts, police, jails and forensic science...
Cyber Insurance: Global premiums could exceed $50 billion by 2030, predicts Howden
Dan Leahy, Associate Director, said: “Having navigated the early phases of development that often come with new, fast growing lines of business, the cost of cyber insurance is now more commensurate with loss costs following the recent correction. Whilst the first half...
Wind turbines that shake and break cost their maker billions
Executives and board members are concerned that fixing the problem may far exceed the company’s estimate of more than €1 billion ($1.1 billion) Customers have started to worry. Some who already ordered turbines and others who were in talks with Siemens Energy say...
Odisha train accident: Inquiry finds multi-level lapses, says reporting past red flags could have averted tragedy
The accident on June 2 resulted in the deaths of 292 people and over 1000 were injured The CRS report has also said that the initial response to such a disaster should be faster an advised the Railways to review the system of disaster-response in the zonal railways...
Internet shutdowns in Manipur, Punjab reportedly cost Indian economy $1.9 billion
Shutdowns are extremely disruptive to economic activity: they halt e-commerce, generate losses in time-sensitive transactions, increase unemployment, interrupt business-customer communications, and create financial and reputational risks for companies New Delhi:...
China’s new anti-espionage law puts foreign companies in tough situation: Report
The revision expands the scope of targets for espionage to "all documents, data, materials and articles," and allows law enforcement officials to inspect the baggage, electronic devices and property of a suspect This increases the risk for businesses, which are...