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Meta outage hit Facebook Instagram WhatsApp
Meta’s outage is a timely reminder of the need to engineer critical...
Hacking rooftop solar can disrupt of Europe’s Power Grid
The exponential growth of rooftop solar systems means millions more...
ICICI Lombard Gen launches comprehensive covers for Drones
The comprehensive policy covers six types of risks. The Hull Cover covers any accidental loss/damage to the drone including theft and disappearance within the scope of the policy. Any loss due to wear and tear or gradual deterioration over time, as well as non-compliance with the DGCA guidelines, is not covered under this. The Payload Cover and Equipment Cover insures the accidental physical loss or damage of the payload, while the same is attached to the drone, and to the property being spares, engines and associated equipment, respectively.
China’s Communist Party unveils new plan for law-based governance
The new focus on governance comes in the midst of the on-going crackdown on China’s major corporates, including Alibaba, Tencent and the car hailing app, Didi, which resulted in a big drop in the shares of many Chinese firms listed in the US and Hong Kong markets.
Digital crime on rise, MHA helps 18 states to get cyber forensic labs
A Citizen Financial Cyber Fraud Reporting and Management System module has also been launched for immediate reporting of financial frauds and to stop siphoning off of funds by the fraudsters. Using these facilities, more than 28,000 police and law enforcement agencies personnel and about 1,000 judicial officers have been trained.
These labs commissioned in Himachal Pradesh, Madhya Pradesh, Uttarakhand, Telangana, Uttar Pradesh and Arunachal Pradesh are fully functional. However, these state cyber labs in Uttar Pradesh, Tamil Nadu, West Bengal, Madhya Pradesh, Himachal Pradesh, Jammu and Kashmir, Maharashtra, Punjab, Rajasthan, Mizoram, Manipur, Tripura and Delhi are in the final stage and will start working soon.
Adopt zero trust identity to validate devices in network: Niti Advisor
“We will have to adopt zero trust identity and access management policy to validate each device in the organisation network. Intra-organisations meetings have become very common and inter-organisation is also happening. We need to automate device enrolment and software updates, leverage artificial intelligence tools for threat detection,” Niti Aayog senior adviser for science and technology, Neeraj Sinha said while speaking at an PHD chamber of commerce event on cyber security.
Nearly 72 pc of financial transactions of PSBs done through digital channels: MoS finance
The Reserve Bank of India (RBI) has informed that it is not considering a separate licensing category for digital banks at present, Minister of State for Finance Bhagwat K Karad said in a written reply to the Rajya Sabha.
Alibaba blasted by state media despite firing manager accused of sex assault
State media and online commentators were overwhelmingly critical of Alibaba’s perceived delay in handling the incident.
“Alibaba could not offer an answer that satisfies public opinion for this ham-handed inaction,” said an editorial in the Global Times tabloid, published by the state-run People’s Daily.
Digital payments sees significant growth in tier II, III towns
The report said that on August 6, 2021 – which marks the completion of 500 days of pandemic-related restrictions — a new lifestyle for disruptors and disruptive businesses has emerged with digital payments as its financial backbone.
Not a single sector has shown negative growth during the last 250 days, reflecting their openness to innovation and acceptance of digital modes of payments, it said.
73% of Indian firms expect customer data breach in next 1 year
Nearly 57 per cent Indian organisation among those surveyed said it was somewhat to very likely that they’d suffer serious cyber-attacks in the next 12 months.
While 34 per cent suffered more than 7 cyber attacks that infiltrated networks/systems, 20 per cent had more than 7 breaches of information assets.
UNICEF India, Facebook launch initiative to create safe online environment for children
The partnership will include a nationwide social media campaign and capacity building for 1,00,000 schoolchildren on online safety, digital literacy and psychosocial support, it said.
Will take all measures to eliminate use of crypto-assets: Govt
In a written reply to the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary also said the government will explore the use of block chain technology proactively for ushering in digital economy.
”The government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system,” he said.