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Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD
"Post-Operation Sindoor, attackers have intensified their efforts...
Beijing Court orders Malaysia Airlines to pay $410,000 compensation to families of MH370 victims
The court ordered the airline to pay each family compensation for...
Over 1.5 lakh startups recognised by government till October
Under the Startup India initiative, the Government is implementing three flagship Schemes, namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) to support startups at various stages of their...
Govt blocked 1 700 Skype IDs and 59 000 Whatsapp accounts used for digital arrest fraud says minister
Union Minister of State for Home Affairs Bandi Sanjay Kumar also stated that the ‘Citizen Financial Cyber Fraud Reporting and Management System,’ launched under I4C in 2021, enables immediate reporting of financial frauds to prevent the siphoning off of funds by...
Sebi cracks down on finfluencers ‘Baap of Charts’ among 7 banned for up to 1 year
The recommendations were given in the garb of providing educational training related to the securities market, according to Sebi New Delhi,: Intensifying its crackdown on finfluencers, markets regulator Sebi on Monday restrained seven entities, including Mohd...
RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly
Expressing concern over the rising sums of money lying in such accounts, the RBI said its supervisory inspections have revealed a slew of problems due to which accounts are becoming inoperative or get frozen Mumbai: The RBI on Monday asked banks to "urgently" reduce...
wefox agrees to sell insurance carrier to a group of Swiss companies led by BERAG
wefox has agreed to sell the insurance company to a group of Swiss companies led by BERAG. BERAG is an independent Swiss provider of pension services and in recent years has represented wefox Insurance AG as an MGA in Switzerland and built up the daily sickness...
PM Modi expresses concern over threats emanating from digital frauds, cybercrimes
Prime Minister Narendra Modi As a counter measure to the potential threats generated by digital frauds, cybercrimes and AI technology, the prime minister called on the police leadership to convert the challenge into an opportunity by harnessing India's double AI power...
Social media ban for children under 16 becomes law in Australia
The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts Canberra: With bipartisan...
Existing PAN holders do not need to apply afresh under PAN 2.0: Tax dept
"With existing PAN database of 78 crore PANs and 73.28 lakh TANs, the project addresses the requirements of taxpayers, focusing on consolidation of multiple platforms/portals and efficient services to PAN/TAN holders," Central Board of Direct Taxes (CBDT) said in a...
Govt announces Rs1,435 cr project to make PAN a common business identifier
"The PAN 2.0 Project resonates with the vision of the Government enshrined in Digital India by enabling the use of PAN as Common Identifier for all digital systems of specified government agencies," an official release said New Delhi: The government on Monday...
HDFC Life launches probe after customer data shared with “mala fide” intent
The company, in its statement, did not elaborate if the source had obtained the data by breaching the company's security, or what data was shared Mumbai: HDFC Life Insurance Company said on Monday that an unknown source shared certain customer data with the company...