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Fraud detection system saves public assets worth Rs 2,500 cr: Scindia
Jyotiraditya Scindia, Union Minister for Communications "In terms...
Max Life partners with Numr to elevate customer experience through predictive analytics
Max Life Insurance Company has announced a strategic partnership...
India offers huge potential for digital banks: Report
Leading consultancy BCG said in the report on Wednesday that the revenue opportunity in India, which has a population of 130 crore people, was pegged at being up to ten times higher than that of rest of South East Asia.
Meatpacker JBS paid equivalent of $11 mln in ransomware attack
The Wall Street journal reported on Wednesday that the JBS ransom payment was made in bitcoin. The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the attack.
China-based hackers luring Indians into fake malicious Tata Motors scam
“The campaign is pretended to be an offer from Tata Motors but hosted on the third-party domain instead of the official website of Tata Motors which makes it more suspicious,” the research team said in a statement.
Emerging risks set to shape a post-COVID-19 world:Swiss Re
COVID-19 to worsen income inequality; growth in the global middle class slowed and poverty levels rose in 2020
• Government support programmes have kept alive unviable zombie companies, leading to increased credit and financial market risks
• Electric vehicles and other decarbonised means of transport can
cut up to 24% of current C02 emissions from fuel combustion
Global media websites, including NYT, FT, CNN face outage
Dozens of high-traffic websites including the New York Times, CNN, Twitch and the UK government’s home page were down. Agencies could not immediately confirm the issue affecting the sites.
San Francisco-based Fastly acknowledged a problem just before 1000 GMT. It said in repeated updates on its website that it was “continuing to investigate the issue.”
Guj:Portal, mobile App launched for unorganised sector workers
Workers having the U-WIN cards are entitled to get benefits from several government schemes, such as insurance, ‘Ma Amrutam’ scheme for hospitalization, and affordable meals under the ‘Shramik Annapurna Yojana, the release said.
80 % Indians feel digital tech effectively used to respond to COVID-19: EY survey
They want the government to prioritize making certain services available online including pension planning, resources to help people set up businesses, and providing more ways for citizens to have an online say in government decision making.
Looking ahead to the future,81 percent of the Indian respondents think that technology will change the way they bank and shop,80 percent think that it will change the way they work/study, and79 per cent think that it will change the way they entertain themselves
SBI union, others urge Indian cbank to scrap digital payments plan-letter
In a bid to reduce concentration risks in the payments sector, India’s central bank (RBI) last year invited companies to forge so-called New Umbrella Entities (NUEs) to create a payments network that would rival the country’s flagship processor, the National Payments Council of India (NPCI).
Twitter seeks more time from government to comply with new IT rules
The rules also require significant social media intermediaries — providing services primarily in the nature of messaging — to enable identification of the “first originator” of the information that undermines the sovereignty of India, the security of the state, or public order.
Under the rules, significant social media intermediaries — those with over 50 lakh users — are required to appoint a grievance officer, a nodal officer and a chief compliance officer. These personnel have to be residents in India.
Global crackdown on organised crime after high-tech U.S.-Australia sting
The operation, which was conceived by Australian police and the FBI in 2018, saw officials in the United States take control of the ANOM messaging app, which is popular with organised crime networks.
When an Australian underworld figure began distributing customised phones containing the app to his associates as a secure means to communicate, police could monitor their messages. The gangs believed the system was secure because the phones did not have any other capabilities – no voice or camera functions were loaded – and the app was encrypted.