Data Security

Safeguards in place to protect sensitive information: Govt on IAF-Uber MoU

Various cyber security safeguards are in place to protect sensitive information and the location of Indian Air Force personnel and their families as part of an agreement recently signed between the IAF and Uber, the government has said. Minister of State for Defence Sanjay Seth said this in response to a query in Rajya Sabha on whether the government has assessed the "potential data privacy and security risks" arising from the MoU signed between the IAF and Uber for transportation services of IAF personnel, veterans, and their families. The MoU was entered into to provide efficient and safe mobility services for the welfare of personnel (serving as well as retired) and their families, the minister said in his response on November 25. The MoU and Mutual Non-Disclosure Agreement (MNDA) was signed on October 17, 2024, he said. Seth was also asked to share details of any specific measures being put in place to protect the location data of IAF members and prevent tracking of operational

HDFC Life launches probe after customer data shared with 'mala fide' intent

The company, in a statement, did not elaborate if it knew or was told how the source had obtained the data. It also did not specify what data was shared, nor the extent of the data

Quick Heal expects new anti-fraud product to boost its consumer business

Cybersecurity leader Quick Heal Technologies Ltd is optimistic that the launch of the country's first all-in-one fraud prevention solution will boost growth in its consumer business, which currently contributes 62 per cent of its revenue, a company official said on Thursday. The publicly listed company aims to leverage its leadership position to promote its AntiFraud.AI product, targeting individual computer and mobile phone users amid the rising threat of financial fraud. According to the Indian Cybercrime Coordination Centre, Indians lost approximately Rs 1,750 crore to fraudsters in just the first four months of the year, between January and April 2024. "We are very positive about our new anti-fraud cybersecurity product targeted at individual users. This will significantly boost our consumer business in the years to come, which has been facing headwinds," said Quick Heal Managing Director Kailash Katkar, without providing specific growth projections. He explained that before ..

Digi Yatra's international pilot project likely in June: CEO Khadakbhavi

Currently, the Digi Yatra facility is available for domestic passengers at 24 airports across the country

What ails financial institutions when it comes to tackling data security?

Financial institutions are increasingly vulnerable to data security risks due to their dependency on external service providers, limited cybersecurity budgets, and poor implementation standards

Single filing with exchange to be reality very soon: Sebi chief Buch

Capital markets regulator Sebi Chief Madhabi Puri Buch on Monday said a single disclosure by listed companies on one stock exchange will soon be automatically uploaded on the other bourse. This comes after the Securities and Exchange Board of India (Sebi) recently proposed sweeping changes to disclosure as well as listing requirements by listed companies based on recommendations from a committee led by S K Mohanty, former whole-time member of Sebi. Speaking at a CII event, Sebi chairperson said, "a single filing with the exchange will be a reality very soon". As part of the proposed changes, a filing made on one exchange will automatically collate on the other exchange, she said. A filing made on one exchange will automatically collate on the other exchange. Additionally, Buch said soon investors will be able to start SIP (Systematic Investment Plan) with as low as Rs 250 per month. "We are on the way of Rs 250 SIP becoming a reality," she said. Buch avoided commenting on Real E

Data breach cost for Indian organisations up 39% since 2020: IBM report

AI, automation play 'significant role' in accelerating organisations' ability to identify breaches

Data of 7.5 mn boAt customers leaked on dark web: Forbes India report

The personal data of 7.5 million boAt customers is a being sold at just two euros on the dark web

Google agrees to delete web browsing data as it settles 'incognito' lawsuit

The case, filed in 2020, alleged the Alphabet Inc. unit surreptitiously collected data from people using its popular Chrome web browser in a private "incognito" browsing mode

Govt panel for an inter-ministerial body to oversee AI regulation

The submissions by the committee propose a disclosure provision for companies in cases where the AI platform/model causes harm to the user

AT&T says personal data from 73 million accounts leaked on dark web

AT&T is the third-largest US retail wireless carrier, behind Verizon Communications Inc. and T-Mobile US Inc.

Microsoft-backed data security startup Rubrik to file IPO papers next week

The company confidentially submitted its IPO plans to the US Securities and Exchange Commission earlier

A big defeat for Big Tech

Tech firms realise that open debate favours consumer data security concerns, so they try to ensure no such debate could ever occur

'Data protection seal' to vet platforms for privacy benchmarking: DSCI

Organisations who have volunteered under the project are undergoing a pilot testing stage

China's cyberspace body reviewing Shein's data handling practices: Reports

The government is also interested in the type of Chinese data that the company will disclose to regulators in the U.S. as Shein seeks a listing there, the newspaper reported

97% of Indian organisations investing in AI & ML technology: DSCI report

Further, around 84 per cent of organisations surveyed had invested in cloud technology, according to the report titled 'India Cybersecurity Domestic Market' by DSCI

Customer data shared with account aggregators totally safe: FM Sitharaman

Finance Minister Nirmala Sitharaman on Thursday assured that customer data shared with account aggregators (AA) is completely safe in India. Concerned over the slow movement of the AA scheme, she said, "It is not as much as I would want to see. It can be better, which means either the building of awareness exercises are not sufficient, adequate" or there is a need for simplification of technology. "Banks, both public and private, have reviewed it with me once. Banks have become a member or a part of this account aggregators working, and it has actually helped," she said at the 'DATE with Tech' event here. She stressed that the enthusiasm of the banks has to be accentuated, only then that it will reach every customer. Allaying concerns about data security, she said, "Initially, there were some apprehensions that possibly, account aggregators are going to sit over data bank. They cannot hold data. They are just a pass-through. Neither the beneficiary customer nor the bank can sit on

TMS Ep556: Data security, IT attrition, Zerodha MF, Aadhaar biometrics

Who protects Indian citizens' data? Why are IT companies bleeding talent at the top? Should you invest in Zerodha's mutual funds? How to lock your Aadhaar biometrics? All answers here

DPDP rules ready but unlikely to be tabled in winter session of Parliament

As India's first-ever dedicated legislation for digital privacy, the DPDP Act provides broad principles of collection and processing of personal information in digital form

Canada bans messaging platforms WeChat, Kaspersky on government devices

China's foreign ministry said the Canadian government had issued a ban on Chinese enterprises without any real evidence, under the guise of maintaining data security