Cyberspace Security

Previously, Star Health and Allied Insurance had to launch a forensic investigation, led by independent cybersecurity experts, into a cyberattack it was subjected to

Regulations play a vital role in shaping the cybersecurity landscape by setting clear standards for protecting sensitive data and ensuring accountability across industries, said Vishal Salvi, CEO of Quick Heal Technologies. In an interview with PTI, Salvi highlighted the importance of frameworks and said that they are essential for ensuring data protection and fostering trust between businesses and consumers. "In today's interconnected world, rules like the (Digital Personal Data Protection Act) DPDP Act and global privacy regulations are vital to ensuring data protection and promoting trust among businesses and consumers," he said on the sidelines of the company's latest launch. Quick Heal Technologies on Thursday launched an AI-based fraud prevention solution--AntiFraud.AI. It is available on Android, iOS, and Windows, at an introductory offer price of Rs 750/year. The Made in India solution offers several protection features like fraud call alerts, banking fraud alerts, fraud ap

Nilesh Shah, MD of Kotak Mahindra Asset Management Company, said the industry should leverage technology so that those not so digitally savvy are not excluded and digital frauds are minimised

AI-driven deepfakes risk financial, reputational damage, call for stricter measures

India and the United Kingdom have agreed to deepen cooperation between their cyber agencies in order to build a safe and robust cyberspace, the Ministry of External Affairs (MEA) said on Thursday. The Sixth Cyber Dialogue between the two sides was held here on Wednesday. "Discussions during the dialogue included cyber-threat assessment, internet governance, data protection, protection of critical infrastructure, capacity building and cooperation in multilateral fora, including the latest developments in the cyber realm at the United Nations," according to a statement issued by the MEA. "Both sides agreed to deepen cooperation between their respective cyber agencies in order to build a safe and robust cyberspace," the statement said. The dialogue was co-chaired by Amit A Shukla, Joint Secretary, Cyber Diplomacy Division, MEA, and Kat Jones, Head of Strategy and Engagement, Cyber Policy Department, The Foreign, Commonwealth and Development Office (FCDO) of the UK. The Indian delegat

Law-enforcement agencies have infiltrated and disrupted Lockbit, a prolific ransomware syndicate behind cyberattacks around the world, Britain's National Crime Agency said Tuesday. The agency said it led an international operation targeting LockBit, which provides ransomware as a service to so-called affiliates who infect victim networks with the computer-crippling malware and negotiate ransoms. The group has been linked to thousands of attacks since 2019. Hours before the announcement, the front page of LockBit's site was replaced with the words this site is now under control of law enforcement, alongside the flags of the UK, the US and several other nations. The message said the website was under the control of the UK's National Crime Agency working in close cooperation with the FBI and the international law enforcement task force, Operation Cronos." It says it is an ongoing and developing operation that also involves agencies from Germany, France, Japan, Australia, New Zealand a

The government is still waiting for a clear reply from iPhone maker Apple on iPhone alert sent to opposition political leaders around five months back on alleged hacking of their devices by state-backed hackers. In an interview to PTI, Minister of State for Electronics and IT Rajeev Chandrasekhar said the government has asked Apple two questions: whether their devices are safe, and if so the reason for the alert was sent to opposition members. "In my humble opinion, this is not something that any proprietary platform will completely concede whether they have vulnerabilities in their platform. There's an instinct in any platform to deny that vulnerability exists," he said. "We are asking a clear question, is your phone vulnerable? The answer to that is not totally unambiguous," Chandrasekhar said. In October, several opposition leaders claimed they have received an alert from Apple warning them of state-sponsored attackers trying to remotely compromise" their iPhones and alleged ...

Norton, a leading software security provider and part of the Nasdaq-listed Gen, on Tuesday launched its Dark Web Monitoring solutions Norton 360 Premium, aimed at protecting consumers from identity theft, a top official said. With the Dark Web Monitoring services, the software monitors and alerts consumers if their personal information has been shared on the Dark Web and allows them to take action on the issue. "This innovative addition to our security package enables customers to proactively protect their digital identities in a time when cyber dangers are always present," Gen India, Director Ritesh Chopra said. According to company officials, the Dark Web comprises of small part of the internet where anonymity comes with a price and nefarious activities are conducted including the exchange of illegal goods and information. "We keep an eye out for any hacks, compromised credentials, and illegal activity by continuously searching the shadowy corners of the internet. This way, we ca

The government has drawn up a policy, called "National cybersecurity reference framework (NCRF), to provide guidelines on roles and responsibilities for cybersecurity

Recently, UCO Bank reported an IMPS (Immediate Payment Service) fraud in which Rs 820 crore was credited to some account holders of the bank without a debit from any other bank

The Indian cyberspace has seen nearly double the number of cyber incidents as compared to the global average, National Cybersecurity Coordinator MU Nair said on Sunday. Addressing a session on Aligning Technologies to Future Conflicts' at the Synergia Conclave 2023, Nair said ransomware attack payments of nearly USD 1.54 billion have been made on an average over the past 10 months, which has doubled since 2022. These payments are just the tip of an iceberg since several of these incidents go unreported, he said. Nair said the Indian cyberspace has seen cyber incidents at an average of 2127 times during the past six months, which is much more than the global average of 1108. Nair said it's time for countries to rally together to contain and limit disruptive practices on cyberspace. There are a large number of initiatives in this direction under the UN and regional forums where nations are looking for solutions to cyberspace which is not confined to national boundaries, he said. Na

Here is the best of Business Standard's opinion pieces for today

.

Understanding the mechanism of the crime and the steps you must take to evade it

The NCW had on Tuesday launched the campaign in collaboration with CyberPeace Foundation and Meta

The National Cyber Crime Reporting portal is a citizen-centric initiative that enables citizens to report cybercrimes online

TSMC overtakes Tencent to become Asia's most valuable company; Alibaba at record low in HK

The education sector in India was attacked significantly more compared to other industries in the month of July globally, experiencing 5,196 attacks per week on average, a new report showed

The raids are taking place a day after 11 J&K government employees were removed for their alleged involvement in terror-funding activities.

Raising an alarm about the emergence of cyberspace as a vehicle for cross-border terrorism by nations and terror organisations, India has called for international action