Data Theft

BFSI sector, governed by well-defined regulations, is relatively protected from such attacks

To check digital frauds, the government has suspended 70 lakh mobile numbers on account of suspicious transactions, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging out of a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January. With regard to Aadhaar Enabled Payment System (AEPS) fraud, he said states have been asked to look into the issue and ensure data protection. He also said that there was a discussion with regard to KYC standardisation of merchants. The meeting chaired by the Financial Services Secretary also deliberated on how to ensure better coordination among various agencies to check cyber fraud. Joshi said there was a need to create awareness about cyber fraud in society to protect gullible customers from being duped. During

Cybersecurity researchers have discovered a significant forensic security deficiency in Google Workspace that enables a hacker to exfiltrate data in Google Drive without any trace

The Cyberabad Police on Saturday said they arrested a person who was allegedly involved in stealing, holding and selling of personal and confidential data of 66.9 crore individuals and organisations belonging to 24 states and eight metropolitan cities. A press release from the police said the accused, Vinay Bhardwaj, was found possessing data of students of edu-tech organisations and also holds consumer/ customer data of major organisations like GST, Road transport organisations of various states, major eco-mmerce portals, social media platforms and fintech companies. "The accused who was arrested on Friday was found selling personal and confidential data of about 66.9 crore individuals and organisations maintained in 104 categories," it said. Some of the important data held by the accused includes the data of defence personnel, government employees, PAN card holders, data of 9th, 10th, 11 & 12th standard students, senior citizens, Delhi electricity consumers, D-MAT account ...

T-Mobile said Thursday in a filing with the Security and Exchange Commission that the breach was discovered January 5

Several customers have already informed the company of unauthorised access to their systems

Around five million people globally have had their data stolen and sold on the bot market till date, of which 600,000 are from India, making it the worst affected country, according to NordVPN

Karnataka Chief Minister Basavaraj Bommai on Sunday said he has directed officials to probe into the alleged voter data theft scandal since 2013, when the Congress party was in power in the state. Addressing reporters here, he said, I have directed the officials concerned to probe the case from 2013. They will ascertain when for the first time the contract to conduct such door-to-door survey was assigned to the Chilume Educational Cultural and Rural Development Institute (Chilume Trust') and what was the content of the order. Our objective is to bring out all the facts. This comes a day after the Congress had lodged a complaint with Chief Electoral Officer Manoj Kumar Meena alleging that electoral fraud, malpractice, and manipulation of voters' list was done by the CM, Higher Education Minister C N Ashwath Narayan, the District election officer and chief commissioner of the BBMP, Tushar Girinath and the Directors of Chilume Trust. According to Bommai, the Congress had roped in the

The government is likely to release new draft of data protection bill for public comments in a week, according to two government sources. The government had in early August withdrawn the personal data protection bill, which was first presented in late 2019. "The draft is expected to be issued in a week for public comment," an official source told PTI. Union telecom and IT minister Ashwini Vaishnaw had said that the joint parliamentary committee which went through the original draft suggested 88 amendments to a bill of 91 sections, which led the government to decide that there was "no option" but to withdraw the original bill completely. He added that a lot of changes had taken place during the Covid pandemic, leading to newer learnings, which had to be incorporated in the laws. Non-profit Internet Freedom Foundation (IFF) had said that the Data Protection Bill 2021 gave large exemptions to government departments, prioritises the interests of big corporations, and did not adequatel

What is the SOVA virus?

India's federal cyber security agency has recently issued an advisory on SOVA virus. And, leading banks are alerting their consumers to stay cautious about the new virus. Know more in this segment

The pure-play credit card issuer SBI Card has prepared the ground for moving towards card tokenization, which is set to kick-in from October, a move aimed at protecting against fraud as well as data theft. "In terms of our preparation, readiness wise, technology wise, integration with all the networks, we are ready with all the networks like Visa, Mastercard and RuPay," Rama Mohan Rao Amara, MD & CEO, SBI Cards and Payment Services (SBI Card) told PTI on Thursday. As per the Reserve Bank of India (RBI), tokenisation refers to replacement of actual card details with an alternate code called the "token", which shall be unique for a combination of card, token requestor and device. A tokenised card transaction is considered safer as the actual card details are not shared with the merchant during transaction processing. On card tokenization, Amara said "It is a very good measure in terms of protecting the consumer interest and ensuring against any data leakage." In late June, the RBI .

Akasa Air had on August 7 launched commercial flight operations by operating its first service on the Mumbai-Ahmedabad route using B737 Max aircraft

Data Free Flow with Trust (DFFT), a proposed guiding principle for international cooperation on data flows, is moving into the implementation phase

The Pune City Police's Cyber Crime wing on Tuesday booked 12 people including two directors of regional news channels from Maharashtra for allegedly selling data of dormant bank accounts containing deposits of Rs 216 crore.The alleged fraud came to light after a team from the Cyber Crime Cell received a tip-off that some people were trying to sell data of dormant accounts in the cityAccordingly, a trap was set and initially, seven accused were arrested who allegedly reached the spot in Pune to sell this data. After detaining these accused they revealed the involvement of some more accused in the scam hence other accused were arrested from Pune and Mumbai railway stations.A case has been registered under Sec 419, 420, 34, 120(B) of IPC and Sec 43/66 & 66(d) of the Information Technology Act. Further investigation into the case is underway.

Data breaches cost organisations in India about Rs 14 crore on an average between August 2019 and April 2020

The leaked data seems to be a warning by the ransomware operators to Indiabulls group to accept their terms within 24 hours

The database, containing DNS queries and Netflow data, was lying on the internet without a password

Unacademy says its internal investigation had found e-mail data of around 11 million users was compromised.

Both employers, employees are liable for data breach from home

Online trackers not only keep a tab on your shopping history, but they can also pick up your location history, search history, and browsing history to infer age, ethnicity, gender, interests, and habi