G20 website targeted at least 16 lakh times last year: Cyber agency India’s official G20 website was attacked at least 16 lakh times last year, Indian Cyber Crime Coordination Centre (I4C) revealed on Wednesday. It added that Rs 10,319 crore were siphoned off by criminals between April 2021 and December 2023. Victims were also targeted using online investment fraud, illegal ...

Retailers say Samsung’s upgrade offer exposes them to compliance risks – ET CISO https://etimg.etb2bimg.com/thumb/msid-106507022,imgsize-169324,width-1200,height=765,overlay-etciso/corporate/retailers-say-samsungs-upgrade-offer-exposes-them-to-compliance-risks.jpg Mobile phone retailers have flagged alleged malpractices in an ongoing device exchange offer from Korean smartphone major Samsung that exposed retailers to risks in regulatory compliance. Samsung did not respond to ET’s queries. Samsung, on its part, has taken corrective measures. In an updated scheme letter ...

Australia’s Eagers Automotive finds unauthorized access to parts of IT systems Australia’s Eagers Automotive on Tuesday said an investigation found that a cyber incident last week that resulted in an outage involved unauthorized access to parts of the company’s information technology (IT) systems by a third party that accessed data from its servers. “Based on investigations to-date, the company is ...

Meta purged over 23 mn bad pieces of content on FB, Insta in India in Nov 2023 Meta said that it took down over 18.3 million pieces of content across 13 policies for Facebook and over 4.7 million pieces of content across 12 policies for Instagram in India in November 2023. Between November 1-30 Facebook received 21,149 reports through the ...

Google settles $5 billion privacy lawsuit over tracking people using ‘incognito mode’ Google has agreed to settle a $5 billion privacy lawsuit alleging that it spied on people who used the “incognito” mode in its Chrome browser – along with similar “private” modes in other browsers – to track their internet use. The class-action lawsuit filed in 2020 said Google ...

Kersi Tavadia: A pioneer in transforming financial exchanges joins Cymmetri’s advisory board Kersi Tavadia’s influence extends beyond speed, encompassing the meticulous design, construction, and implementation of multiple data centers, coupled with the seamless automation of comprehensive disaster recovery procedures. In a career spanning over four decades, Kersi Tavadia has emerged as a distinguished leader in the financial industry. With a ...

New data protection bill draft is coming: 6 ways to ensure data security By Neelesh Kripalani Speaking recently at the Global Fintech Fest’s third edition, Indian Union IT Minister Ashwini Vaishnaw said that in the next few days, the Centre will be coming out with a fresh draft of the data protection bill. The data protection bill is a landmark ...

RBI draws up checklist for AI tech in banking, IT Security News RBI deputy governor Rajeshwar Rao has raised concerns over issue relating to fairness, transparency and governance in the use of artificial intelligence in banking. Speaking at at the 106th annual conference of Indian Economic Association in Delhi recenty, Rao said that despite the transformative potential of GenAI, there ...

India sets guardrails for data privacy, user safety India enacted new laws on data privacy and storage as it moved to a higher gear to safeguard users and define the compliance framework for BigTech in 2023 when technology galloped at an unprecedented pace. From excitement and awe around Artificial Intelligence (AI) to the virality of OpenAI’s ChatGPT and India’s crackdown ...

Web of crime is getting more intricate Bengaluru has created a record in the world of cyber crimes this year. But, experts say that cyber crimes may only increase if no action is taken. As per the latest survey, data breaches are expected to skyrocket. A report by CyberArk said that in 2023, India experienced a surge in these cyberattacks, ...