This is worrying because CERT In is the nodal agency for all cybersecurity related matters in the country, and at a time when cyber incidents are on the rise in the country, it s all the more necessary to know what the agency is doing to address these incidents.

While the process is expected to add some friction to digital payments, officials are of the view that it is necessary to mitigate cybersecurity concerns. If finalised, the measure could cover a wide range of digital payments through Immediate Payment Service (IMPS), Real Time Gross Settlement (RTGS) and even the Unified Payments Interface (UPI).

Moreover, prominent market players are implementing diverse strategies to augment competition and provide improved services to their clientele. As an illustration, in November 2022, Amazon Web Services Inc. and Kyndryl formed a collaborative alliance aimed at enhancing the provision of threat intelligence.

The cybersecurity firm Malwarebytes claims that a more recent malware campaign called Clear Fake uses hijacked websites to spread phoney browser updates. READ: FB Account Hacking Malware Targeting Indian HRs, Digital Marketers Via Google Docs Offline Extension; Safety Tips

This award, given at ASSOCHAM s fourth Diversity and Inclusion Excellence Awards and Conclave, recognizes the organisation s initiative in building confidence of, participation by, and promoting inclusion of Persons with Disabilities (PwDs), within the workplace and beyond.

Employee violations of an organisation s information security policies are as dangerous as external hacker attacks according to a recent study from Kaspersky. In the last two years, 33% of cyber incidents in businesses in Asia Pacific (APAC) occurred due to employees intentionally violating security protocol.

For the IT sector, companies including Wipro, along with industry body Nasscom will need to reassure consumers through a code of conduct to follow due diligence while deploying AI. “Things like watermarks, labelling for AI, following due diligence.

In an era defined by digital innovation, the Banking, Financial Services, and Insurance (BFSI) sector finds itself at a technological crossroads. While the digital revolution has propelled the industry to new heights of efficiency and accessibility, it has also ushered in a new era of cyber threats.

After the fallout of the recent case at public sector lender UCO Bank involving erroneous money transfers, the Finance Ministry has called for a meeting on Tuesday (November 28) to discuss digital payment frauds, financial crimes and cybersecurity measures required to counter these activities.