Draft DPDP rules to push banks to strengthen data privacy measures, ET CISO The draft Digital Personal Data Protection (DPDP) rules, requiring explicit customer consent for using data beyond its original intent, are set to redefine data governance in the banking sector. These rules leave no room for regulatory arbitrage, compelling banks to enhance compliance mechanisms and formalise data-sharing agreements ...
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Lazarus Group Targets Web3 Developers with Fake LinkedIn Profiles in Operation 99
Lazarus Group Targets Web3 Developers with Fake LinkedIn Profiles in Operation 99 https://firewall.firm.in/wp-content/uploads/2025/01/web3.png Jan 15, 2025Ravie LakshmananCryptocurrency / Malware The North Korea-linked Lazarus Group has been attributed to a new cyber attack campaign dubbed Operation 99 that targeted software developers looking for freelance Web3 and cryptocurrency work to deliver malware. “The campaign begins with fake recruiters, posing on platforms like ...
Read More »Tech companies are turning to ‘synthetic data’ to train AI models – but there’s a hidden cost – ET CISO
Tech companies are turning to ‘synthetic data’ to train AI models – but there’s a hidden cost – ET CISO https://etimg.etb2bimg.com/thumb/msid-117191975,imgsize-25078,width-1200,height=765,overlay-etciso/corporate/tech-companies-are-turning-to-synthetic-data-to-train-ai-models-but-theres-a-hidden-cost.jpg Last week the billionaire and owner of X, Elon Musk, claimed the pool of human-generated data that’s used to train artificial intelligence (AI) models such as ChatGPT has run out. Musk didn’t cite evidence to support this. But other ...
Read More »entering UPI pin casually can empty your bank account, know how you can protect yourself, ET CISO
entering UPI pin casually can empty your bank account, know how you can protect yourself, ET CISO Cybercriminals keep coming up with new innovative ways to scam people of their money. Unified Payment Interface (UPI) has become the most popular way of digital payment in India, however, the convenience offered by UPI may also lead to huge loss if you ...
Read More »Google Ads Users Targeted in Malvertising Scam Stealing Credentials and 2FA Codes
Google Ads Users Targeted in Malvertising Scam Stealing Credentials and 2FA Codes https://firewall.firm.in/wp-content/uploads/2025/01/google-ads.png Jan 15, 2025Ravie LakshmananMalvertising / Malware Cybersecurity researchers have alerted to a new malvertising campaign that’s targeting individuals and businesses advertising via Google Ads by attempting to phish for their credentials via fraudulent ads on Google. “The scheme consists of stealing as many advertiser accounts as possible ...
Read More »Ensuring data privacy and security in the digital era – ET CISO
Ensuring data privacy and security in the digital era – ET CISO https://etimg.etb2bimg.com/thumb/msid-117223257,imgsize-509690,width-1200,height=765,overlay-etciso/ot-security/ensuring-data-privacy-and-security-in-the-digital-era.jpg Balancing Convenience and CybersecurityIn today’s interconnected world, the boundaries between online and offline have all but disappeared. We conduct banking transactions without stepping into branches, shop without visiting stores, and connect with others without physical meetings. All while generating a continuous digital footprint. Every tap, swipe, and ...
Read More »India’s evolving AI landscape and key policy innovations, IT Security News, ET CISO
India’s evolving AI landscape and key policy innovations, IT Security News, ET CISO Projections indicate that India’s AI market is anticipated to surge at a pace of 25-35% CAGR, up to 2027, with considerable uptake in key sectors such as healthcare, agriculture, education, and governance. BFSI, Retail, and Healthcare emerged as the frontrunners in AI adoption levels as follows: BFSI-35%, ...
Read More »North Korean IT Worker Fraud Linked to 2016 Crowdfunding Scam and Fake Domains
North Korean IT Worker Fraud Linked to 2016 Crowdfunding Scam and Fake Domains https://firewall.firm.in/wp-content/uploads/2025/01/korea.png Jan 15, 2025Ravie LakshmananBlockchain / Cryptocurrency Cybersecurity researchers have identified infrastructure links between the North Korean threat actors behind the fraudulent IT worker schemes and a 2016 crowdfunding scam. The new evidence suggests that Pyongyang-based threamoret groups may have pulled off illicit money-making scams that predate ...
Read More »Impact on enterprises by data retention and user privacy mandate – ET CISO
Impact on enterprises by data retention and user privacy mandate – ET CISO https://etimg.etb2bimg.com/thumb/msid-117223466,imgsize-196519,width-1200,height=765,overlay-etciso/corporate/impact-on-enterprises-by-data-retention-and-user-privacy-mandate.jpg The Digital Personal Data Protection (DPDP) Act, 2023 is a step closer to being implemented with draft rules being notified earlier this month. Public feedback is due by February 18, after which the government will finalize and set compliance timelines. Under the DPDP Act, implications for ...
Read More »NPCI debunks new ‘Jumped Deposit Scam’ reports; clarifies 3 points to note, ET CISO
NPCI debunks new ‘Jumped Deposit Scam’ reports; clarifies 3 points to note, ET CISO NPCI Jumped Deposit Scam: In response to recent media reports surrounding a new online fraud called the ‘Jumped Deposit’ Scam, the National Payments Corporation of India on Monday issued a statement clarifying that no fraudulent activities have observed on the Unified Payments Interface (UPI) platform, and ...
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