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The National Association of Software and Service Companies (NASSCOM) stated in a statement, The partnership between the US and India focuses on fostering open and inclusive digital economies through the development and deployment of DPIs in developing countries, leveraging India s successful implementation.

Canadian energy firm Suncor on Sunday said it experienced a cybersecurity incident, adding that some transactions with customers and suppliers could be impacted while they investigate and resolve the situation.

A report from a cybersecurity firm says an international hacking ring has stolen up to Rs1 billion from banks around the globe in what would be one of the biggest banking breaches known. The hackers have been active since at least the end of 2013 and infiltrated more than 100 banks in 30 countries, according to Russian security company Kaspersky Lab.

India s cyber security industry is grappling with an ongoing skill shortage, resulting in numerous unfilled vacancies. This stands in contrast to a broader downturn in technology spending and hiring that has led several companies to prune their workforce.

In recent years, technologies and methods have been rapidly evolving, and damage caused by cyberattacks has been expanding on a global scale. However, there is a global shortage of cybersecurity personnel, making the development of human resources and capacity building an important issue.

The partnership between the US and India to enable development and deployment of Digital Public Infrastructure (DPI) in developing countries will provide India with an opportunity to solidify its position as a global digital innovation hub, setting an exemplary model for other nations to follow, Nasscom has said.

As we delved into the attack, we discovered a sophisticated iOS implant that displayed numerous intriguing oddities. We continue analyzing the campaign and will keep everyone updated with further insights into this sophisticated attack.

Kaspersky, a global cybersecurity company, and Indian Institute of Technology Bombay (IITB), a leader in the field of engineering education and research announced the signing of a Memorandum of Understanding (MoU) to jointly promote and foster the development of educational and research projects in the field of cybersecurity.

Indian IT leaders must proactively address threats like cyberattacks, security breaches, and data leaks while complying with evolving data privacy regulations Prioritising cybersecurity and assessing risks is crucial, as is leveraging transformative technologies like 5G, AI, and IoT, said Manoj Paul, managing director, Equinix India

Especially the Center of Excellences (CoE), which provide services in specialised areas such as data analytics or serve as innovation hubs in processes or products for the parent companies. An estimated 240 + CoEs are housed in India as per Nasscom.