COMPROMISED DATA
Rise & rise of secondary deals; advantage desi data centres
Happy Friday! Total funding raised by Indian startups fell in the first half of 2024, but late-stage activity showed signs of revival, as per data. Decoding this and more in today’s ETtech Morning Dispatch.
Social media companies list out worries as Centre readies data protection rules
Social media platforms have said that undoing behavioural tracking of children and targeted advertisements are among the biggest concerns they have with the new data law the government is prepping. The companies are voicing their concerns as rules of the Digital Personal Data Protection (DPDP) Act will be released soon.
Banks told to stay vigilant amid intel on cyberattack threat
Apart from continuously checking network activities and server logs to detect malicious intrusions, banks will have to monitor critical payment systems such as SWIFT (the messaging system to confirm cross-border fund transfers), card network (which facilitates card payments), the online local fund transfer frameworks RTGS, NEFT and UPI, the real-time payment system.
Indonesia data hit by cyberattack not backed up, officials say
Indonesia experienced a significant cyberattack that affected over 230 public agencies, including ministries, causing disruptions to various government services such as immigration and operations at major airports. The attackers demanded an $8 million ransom to retrieve the encrypted data, but the government chose not to pay the ransom and instead focused on restoring services and strengthening cybersecurity measures to prevent future incidents.
Hackers breach BSNL again, second time in six months
This is the second time in six month where BSNL has suffered a data breach. Athenian Tech chief executive Kanishk Gaur told ET, the breach involved more than 278 GB of data from the state-owned telecom operation, including server snapshots, which can be misused for SIM cloning and potentially more severe criminal activities like extortion.
Infosys unit faces another suit in US over 2023 cyberattack
Infosys faces multiple lawsuits over a cyberattack on its US subsidiary, leading to data breaches and legal actions from various parties, including eDiscovery vendors and financial information exposure.
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Has America’s banking information been compromised? What is this ransomware group’s demand?
A ransomware group named ‘LockBit’ is claiming to have hacked into the servers of the US Federal Reserve and stolen ‘sensitive’ banking information. They claim to be negotiating with the Central Bank and have threatened to release the information if their demands aren’t met by Tuesday.
Cyber attack compromised Indonesia data centre, ransom sought: report
Indonesia's communication ministry on Monday said, the attack disputed some government services, most notably at aiports though automated machines were not functional. The Lockbit cybercrime group is notorious for using malicious software called ransomware to digitally extort its victims. They used a new variant of existing malicious software called Lockbit 3.0.
Centre's seven-member high-level panel formed to oversee NTA's functioning to hold meet, sources
The Centre's high-level committee overseeing the National Testing Agency (NTA) is set to meet on Monday to address transparency and operational issues. This committee, led by Dr. K. Radhakrishnan, will submit its recommendations on reforming the examination process and improving data security to the Ministry of Education in the next two months. The NTA, which conducted the NEET-UG exams, has faced criticism and allegations of irregularities, leading to protests and demands for its disbandment.
UGC-NET: CBI registers FIR against 'unknown individuals' for compromising integrity of exam
Following the cancellation of the UGC NET exam nationwide, CBI registered a case based on a complaint from the Department of Education regarding potential compromise of the exam's integrity by unknown individuals.
How to prevent Big Tech dominance, protect privacy and ensure fair competition
The magnitude, scale and speed at which such platforms operate demand ex ante regulation, if the real interests of consumers are to be protected.
TikTok says cyberattack targeted brands and celebrity accounts, including CNN
TikTok takes measures to stop cyberattack targeting brand and celebrity accounts, including CNN. ByteDance challenges law requiring TikTok sale by January to avoid ban.
Election 2024: 400 Paar or Safachat? Seven reasons why exit polls predictions may still go wrong
Election 2024: As the Lok Sabha election results are just hours away, the main focus is on whether the ruling National Democratic Alliance (NDA) or the opposition coalition led by Congress, known as the Indian National Developmental Inclusive Alliance (INDIA), will form the next government. Despite most exit polls predicting a BJP-led NDA majority, their history of inaccuracies remains a concern.
The man who escaped the scam rings of Cambodia
Thousands of workers are trafficked to Southeast Asia to commit cyber fraud on their fellow citizens over social media. Ex-serviceman Botcha Sankhar, who was forced to work in the scam compounds of Cambodia for six months, unravels the modus operandi of this new and terrifying form of crime and forced labour
8 must-have Network Switches for seamless connectivity
Explore this curated list of 8 essential network switches designed to enhance connectivity and streamline data transfer. Whether you're seeking reliable switches for small-scale setups or robust solutions for enterprise-level networks, this article covers a diverse range of options to suit various needs and budgets.
Election voter turnout data: SC seeks EC's response on plea for release of voter data within 48 hours
Election Voter Turnout Data: The Supreme Court held an urgent hearing on Friday evening, demanding a response within a week from the Election Commission regarding a plea by an NGO. The NGO requested the Election Commission to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections.
DoT reassures telcos over data shift to Amazon Web Services
The Department of Telecommunications (DoT) faced backlash from mobile phone companies over plans to migrate its digital intelligence platform (DIP) to Amazon Web Services (AWS) from servers run by BSNL and C-DoT. The move was criticized for compromising consumer privacy. However, DoT clarified that critical subscriber database records won't be stored on AWS, easing concerns. The DIP is crucial for fighting cybercrimes and fraud, facilitating real-time intelligence sharing among stakeholders. The shift aims to address data surge challenges, with AWS being an approved vendor of MeitY, hosting CoWIN data.
US spies to be assisted by Microsoft's AI? Here is what latest report reveals
Microsoft’s Generative AI will be used by the US Intelligence community to analyze large amounts of data and provide actionable inputs. The tool is presently being tested.
Digital fraud-hit banks turn to startups to cope with risks
Legacy financial institutions turn to startups like Data Sutram for tech support in customer verification. Data Sutram's 'DS Authenticator Trust Score' aids in assessing customer trust levels during account opening. Bureau Inc's 'Money Mule Score' enhances fraud detection.
Number of devices hit by data-stealing malware rises over 600% in three years: Kaspersky
According to Kaspersky, 443,000 websites worldwide have experienced compromised credentials in the past five years. The .com (dot com) domain led the list of compromised accounts, followed by Brazil (.br), India (.in), Colombia (.co), and Vietnam (.vn).
Sisense hit by data compromise, US cybersecurity agency says
Sisense breached, urges reset. Few details disclosed. Krebs reported "millions of credentials" affected. Law enforcement engaged. Edited by Alexander Smith & Stephen Coates. Washington-based cybersecurity agency issued alert.
boAt Data Breach: Name, address, contact number, email ID of 75 lakh boat customers for sale at 2 euro
A hacker leaked personal data of 7.5 million Boat customers on the dark web, including names, addresses, contact numbers, and email IDs. ShopifyGUY breached Boat's data, raising concerns of financial scams and phishing threats. Experts emphasize the risks of identity theft and urge enhanced security measures to protect individuals.
JEE-Mains: NTA warns against 'cheating', students maybe barred even based on post-exam analysis
The National Testing Agency (NTA) has warned candidates against using unfair means in the JEE-Main exams, stating that they can face penalties even after the exam through post-exam data analysis. NTA will use video data analysis and AI for remote biometric matching to identify any malpractice. Rigorous measures, including biometric authentication and frisking, have been put in place to ensure exam fairness. Any compromise of the exam's sanctity may lead to cancellation of candidature and criminal proceedings. Security measures include surprise visits and AI tools for application verification.
Best WD hard disk drives for data storage and reliability
Explore the pinnacle of the best WD hard disk drives, renowned for their stellar performance and reliability. These drives offer unparalleled data storage solutions, ranging from high-capacity options ideal for vast digital libraries to lightning-fast models optimized for speed. With WD's commitment to quality, users can rely on seamless data management, ensuring their files are secure and accessible whenever needed. Choose WD for top-tier storage solutions you can trust.
IAG warns Air Europa's customers of personal data leak, WSJ reports
IAG said in an email to Spanish airline Air Europa's customer base that the data breach exposed details such as identity cards or passport information, names, birthdays, phone numbers and nationalities of customers, according to the report. There was no evidence of fraudulent use of the data, it added.
"No compromise on Rafah operation": Israeli PM vows to continue fight despite global appeals
Israeli Prime Minister Benjamin Netanyahu emphasized the necessity of action in Rafah and achieving total victory against Hamas. He addressed the efforts to cope with displaced Palestinians and rejected international dictates regarding a future agreement with Palestine. Netanyahu discussed the security situation for Israeli residents and the impact of the Israel-Hamas war.
After months of negotiation, a rare Russian compromise as Yandex changes hands
Six months earlier, the purchase of Yandex's Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked in peril when the company's co-founder Arkady Volozh called the invasion of Ukraine "barbaric". With the Kremlin highly sensitive to criticism of what it calls a "special military operation", some on the Russian side of talks wanted to leave Volozh and Yandex NV with nothing, according to four sources familiar with the matter.
Norfolk and Suffolk Police Data Breach: Information of 1,230 individuals compromised as two Police Forces admit to data breach; Here are all the details
Although the data remained concealed from those accessing the files, its inclusion was deemed inappropriate by the police forces involved.
MOVEit hack spawned over 600 breaches but is not done yet: cyber analysts
More than two months after the breach was first disclosed by Massachusetts-based Progress Software, the parade of victims has scarcely slowed
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