The court further directed the committee to invite the experiences...
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National Consumer Helpline to roll out AI-based features, partners with 1,000 firms
The technological transformation of National Consumer Helpline(NCH...
Pressure groups trying to use social media to affect outcome of cases: ex CJI Chandrachud
D Y Chandrachud, Former Chief Justice of India "Everybody,...
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.
Delhi Police saves man’s life after Facebook alerts about suicide bid
At around 12.50 am, Cyber Prevention Awareness Detection of Delhi Police (CyPAD) received the alert from Facebook’s US office as part of the coordination framework established between CyPAD and international social media platforms.
Why Bitcoin’s wild ride bodes well for the future of digital cash
The mania and panic that have gripped decentralized cryptocurrencies are heightening the attraction of their coming rivals: digital cash, issued by central banks. These tokens will be staid, centralized and state-controlled. That’s exactly what users will want in an Internet of Things world where machines need to settle claims with one another all the time, instantaneously, but without contributing to global warming.
Average 13 lakh new demat accounts added every month since Apr 2020
But, a vast majority of these accounts are inactive. An industry study in March 2020 said only a fourth of then 4 crore accounts were active.
According to Sebi guidelines, a demat account that has not been operated for a year is considered inactive.
US to treat growing ransomware incidents as terror attacks
Christopher Wray, Director of the FBI, told The Wall Street Journal that the country is facing a similar challenge like 9/11, and the Bureau has identified about 100 different types of ransomware, several of them being traced to Russia.
“There are a lot of parallels, there’s a lot of importance, and a lot of focus by us on disruption and prevention. There’s a shared responsibility, not just across government agencies but across the private sector and even the average American,” Wray told WSJ on Saturday.
5G tech safe; concerns around health consequences misplaced: COAI
“Radiation permitted in India is one-tenth of what is accepted globally, so already our systems have taken this into account…Any notion or concern about radiation and impact are misplaced. These are fallacious fears and this always happens whenever a new technology is introduced,” S P Kochhar, Director-General, COAI told PTI.
As digital piracy rises amid pandemic, original content creators losing money: EY
As per a report by Digital TV Research, the loss of revenue for OTT players on account of piracy in India is expected to hit USD 3.08 billion by 2022, while the cost of global online streaming piracy will reach USD 52 billion by 2022.
Govt warns Twitter exemption from liability will be withdrawn on non-compliance
The new IT rules require significant social media intermediaries – those with other 50 lakh users – to appoint a grievance officer, nodal officer, and chief compliance officer. This personnel is required to be residents in India.
Under the new rules, social media companies will have to take down flagged content within 36 hours, and remove within 24 hours content that is flagged for nudity, pornography, etc. The Centre had said the new rules are designed to prevent abuse and misuse of platforms, and offer users a robust forum for grievance redressal.