Page 4 - Cyber Crime

Gurugram Police train over 5,800 students to raise cyber security awareness

Gurugram Police in associated with Society for Safe Gurgaon and Indo-Israeli cyber security enterprise and SafeHouse Technologies organised the 9th edition of Gurugram Police Internship

Group behind SolarWinds hack now targetting govt agencies, NGOs: Microsoft

The group behind the SolarWinds cyber attack identified late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp said

Rise in cyber crime post Covid is growing risk to bank ratings: S&P

The banking sector is becoming more exposed to cyber crime after Covid-19 pandemic accelerated digitalisation and remote working, S & P Global Ratings said on Tuesday.Cyber attacks can harm credit ratings mainly through reputational damage and potential monetary losses, it said in a report titled 'Cyber Risk In A New Era: The Effect On Bank Ratings.'"Cyber attacks have had only a limited effect on bank ratings to date but can trigger more rating actions in the future as cyber incidents become more frequent and complex," said Credit Analyst Irina Velieva.Banks and other financial institutions are attractive targets for cyber criminals because they possess valuable personal data and play a critical role in servicing particular financial or economic needs and segments.Institutions with weak risk governance are less prepared for, and therefore more vulnerable to cyber attacks, said S & P in the report."Although it is crucial to learn from previous attacks and strengthen cyber-risk

Best of BS Opinion: Cyber attacks, changing global economies, and more

Here are the best of Business Standard's opinion pieces for Saturday

Gaming out cyber-attacks

A shoot-out is less likely if both parties know the other is capable of massive retaliation

12 booked for involvement in selling dormant account data worth Rs 216 cr

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.

Cyberabad 'SHE Teams' receive 161 complaints from women in September

The Cyberabad 'SHE Teams' received 161 complaints from women in September this year

How coronavirus pandemic could cause child abuse epidemic in virtual world

More than 1.5 billion children and young people have been affected by the closing of schools worldwide

Twitter sees 900% increase in hate speech towards China due to coronavirus

It said that a lot of people are using racist hashtags such as #Kungflu, #chinesevirus and #communistvirus as they tweet about the pandemic

Cyber fraud: Here's how you can save yourself from getting scammed online

Install verified apps to reduce the probability of falling prey to cyber crimes

UP Police to expand cyber crime wings following spurt in online frauds

Senior police officials instructed to complete the preliminary rollout of the cyber cells by October 15

UP Police fortifying cyber wing to curb spate of financial frauds

Cyber police stations being set up in all eight police zones in the state; currently, only Lucknow and Noida have such a facility

Social media messages can be tracked: IIT-Madras professor to High Court

Kamakoti said it was technically possible to add an identification tag to messages

Crypto a security threat, instrument for illicit activities: Trump admin

India, meanwhile, has throughout maintained that cryptocurrencies were illegal and it did not recognise such activities

Indian researchers figure out way to detect facial recognition fraud

IIIT-Delhi has found an algorithm to help machine learning-based facial recognition systems identify synthetic images, which could potentially fool even the most robust systems

Chinks in the armour

Public facing systems around the world must tighten security and put together disaster recovery plans

'Cloudhopper' linked to China govt on hacking spree to steal data, warns US

Chinese authorities have repeatedly denied claims by Western cyber security firms that it supports hacking

How cybercriminals are using 'gift card trap' to get your personal data

To avoid falling for cybercriminals' fraudulent schemes and losing personal data, it is suggested that users should not spread questionable links among their friends

Beware! Bank account information is selling on the internet for Rs 500

The information came in fore after MP cyber cell nabbed two members of international gang involved in duping Indian bank customers by using their credit/debit card information to make transactions

Cyber breaches have cost shareholders billions since 2013

Companies that experience a severe cyber breach see their share value fall