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We are seeing more and more of this being done by ordinary people with ordinary targets, said Eva Galperin, director of cybersecurity at the Electronic Frontier Foundation. You see it among high school children and people who are in college. Many victims never find out about the images, but even those who do may struggle to get law enforcement to investigate or to find funds to pursue legal action, Galperin said.

However, upon detailed investigation by the cybersecurity company CloudSEK researchers, it was discovered that the documents being sold are not authentic and have been manipulated and deemed fake. According to the report, the access was likely gained by compromising an employee via a phishing attack based on the actor s TTP.

The study by Kaspersky stressed that the most successful industry in APAC in terms of proper monetary distribution for cybersecurity is financial services as 100 per cent of respondents working in this sphere claim their organisations are set to keep up with and stay ahead of all new threats.

Sanjay Gupta, Partner, consulting, Deloitte India said, While banks and financial institutions acknowledge the benefits of cloud technology in their digital transformation journey, concerns related to cybersecurity, data localization, and cost transparency have been primary inhibitors. The RBI s cloud initiative is expected to address these issues comprehensively. With this announcement, it is

Industry body Assocham said the RBI s continuing focus on disinflationary monetary policy retaining repo rate unchanged at 6.50 per cent is well aligned with the intention of the Monetary Policy Committee (MPC) for an ecosystem favourable to a sustainable growth, which promises to be robust braving global headwinds.

AI, cybersecurity, sustainability, corporate governance all are areas coming under greater regulatory scrutiny. Vendors need to develop their own technologies and operate their own businesses in ways that support their customers compliance requirements.

Intermediaries will follow cybersecurity and data protection legislation. They pledge to keep law enforcement s high priority channel open and enable government agencies to address reported violations promptly.