EMAIL ACCOUNTS
What happens when your bank isn't really a bank and your money disappears?
The long-standing promise of bank insurance faces a crisis as online-only lenders with millions in deposits face turmoil, freezing customer accounts and leaving many in the dark about their money's fate. The complex web of blame, bankruptcy, and missing funds has left depositors struggling to recoup their life savings.
Samsung R&D Institute-Bangalore renews office lease for 5 years
Samsung Research and Development Institute India-Bangalore (SRI-B) has renewed its lease for 420,000 square feet of office space in Bengaluru with Bagmane Developers. This lease renewal is set for a duration of five years, beginning in June this year, with a lock-in period until April 2027.
Sebi mandates email as default mode for dispatching CAS by depositories, Mutual Fund-RTA
Markets regulator Sebi on Tuesday mandated email as a default mode of dispatch of 'Consolidated Account Statement', which provides an account of securities traded by an investor, by depositories and Mutual Fund-Registrar and Transfer Agents (MF-RTAs).
HubSpot investigating customer account hacks
HubSpot is actively investigating a cybersecurity incident targeting customers. Less than 50 accounts were compromised, and measures are in place to protect customer data. TechCrunch first reported the news. The company specializes in providing marketing software for small and medium-sized businesses, with a focus on customer relationship management.
Sebi tweaks rules for Basic Service Demat Account. Check eligibility, charges
Sebi has introduced new rules for Basic Service Demat Accounts (BSDA). To be eligible, individuals must have only one demat account where they are the primary holder and only one BSDA across all depositories.
Microsoft informs customers that Russian hackers spied on emails
Russian and Chinese hackers breached Microsoft's systems, stealing customer and government emails. The incidents led to increased scrutiny and a focus on enhancing security practices. Transparency and communication with customers were prioritized during the breach notifications, reflecting a commitment to addressing cybersecurity challenges effectively.
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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.
ETtech Deep Dive: How RBI and NPCI are working to tackle mule account frauds
The RBI, the National Payments Corporation of India, and the Ministry of Home Affairs are teaming up with banks, financial institutions, and tech security companies to crack down on mule accounts and prevent fraud in the country's banking system.
Demat account for minors: How to open with Zerodha, other brokers? Check documents required, other details
Teaching minors about stock markets, demat accounts, and investment strategies is crucial for financial discipline and smart money management.
Interest certificate for filing ITR: How to download interest certificate from SBI, HDFC Bank, ICICI Bank, Canara Bank, Axis Bank
Interest certificate for filing ITR: Here is how to download interest certificates from top banks such as SBI, HDFC Bank, ICICI Bank, Canara Bank, Axis Bank, and Kotak Mahindra Bank.
NCLT directs Byju’s to maintain status quo, halts $200 million rights issue
The National Company Law Tribunal (NCLT) has directed edtech major Byju's to maintain status quo in its shareholding, pausing its controversial rights issue conducted at a 99% discount to its last peak valuation of $22 billion. Byju's faces a petition from investors in the NCLT and is restrained from proceeding with the rights issue. The matter will be heard next on July 4, and the tribunal has asked for details of Escrow bank accounts and US court actions.
ATM operators seek Rs 2 hike in interchange fee for viability
The Confederation of ATM Industry, or CATMI, wants this fee to be raised to a maximum of Rs 23 per transaction to ensure more funding commitment for the business.
Sebi rules on nomination in mutual funds, demat accounts. 10 things to know
Sebi has announced simplification of compliance for investors by lifting freeze on demat accounts and mutual fund folios due to non-submission of nomination.
Demat and mutual fund accounts won't be frozen for not filing nomination: Sebi
In a circular, the markets regulator said, based on representations received from participants, for ease of compliance and investor convenience, non-submission of 'choice of nomination' shall not result in the freezing of demat accounts as well as MF folios. In a circular dated December 27, 2023, Sebi extended the deadline for submitting "choice of nomination" for demat accounts and mutual fund folios to June 30, 2024. Accounts and folios without nomination details by this date will be frozen for debits.
HDFC Bank's netbanking services will not be available for several hours on 9th and 16th June. Check details
HDFC Bank announces scheduled maintenance for online services on June 9 and 16, affecting netbanking, mobile app services, and transactions including UPI payments.
Managing finances after 80: Answers to three major personal finance questions for super senior citizens
As one ages, it becomes clear that the couple won’t leave the world together. Typically, the husband worries about the wife’s ability to manage money, while the wife worries about the husband’s ability to manage food and health. However, neither cooking, nor investing is rocket science, and it is never too late to learn these crucial life skills.
UPI transactions update: HDFC Bank customers will not get SMS alerts for UPI transactions below this amount
HDFC Bank has informed its customers via an email and SMS that it has set a limit on SMS alerts on UPI debit and credit transactions. The new update will be effective from June 25, 2024.
Rs 91 lakh penalty on YES Bank for wrongly levying non-maintenance of minimum balance charges: Is your bank charging the same?
Minimum balance negative in savings bank account: RBI has imposed a penalty of Rs 91 lakh on YES Bank for not complying with the master directions on customer service in banks. One of the reason was levying charges on savings bank account having insufficient or zero balance. Has your bank done the same too?
US lawmakers grill ex-top advisors of Anthony Fauci for deleted COVID-era emails. Here are details
Dr. Anthony Fauci’s adviser Dr David Morens is under scrutiny for certain alleged wrongdoings. His emails are being investigated. He served as a top adviser to Dr. Anthony Fauci during the COVID pandemic.
China, Pakistan, or Russia? Who is sending bomb threats to malls, hospitals, airports, and schools of Delhi, Jaipur and Bengaluru?
Multiple schools in Bengaluru and Delhi faced hoax bomb threats via email, following a similar incident targeting St Philomena hospital chain. Tihar Jail and Delhi hospitals were also affected. Emails claimed explosives inside buildings, prompting police searches with no findings. Origin traced to Cyprus-based beeble.com. Intelligence suspects Pakistan's involvement. Efforts underway for international cooperation in tracing culprits.
Four Jaipur schools evacuated after bomb threats
Jaipur Bomb Threat: Several schools in Jaipur, Rajasthan, received bomb threats via email, prompting evacuations and police investigations. The threats follow similar incidents in Delhi and Bengaluru, spreading panic. Authorities suspect involvement from Pakistan, potentially with Chinese intelligence backing. The sender used an email from a Korean firm, and investigations have led to a military cantonment in Faislabad, Pakistan. Russian intelligence has assisted informally, and police are seeking Interpol's help, preparing Letters Rogatory for cooperation from Russia.
Gurucharan Singh’s father reveals ‘Taarak Mehta’ star often appeared ‘troubled’
As per a Deccan Herald report, Singh possessed over 27 email accounts, fearing surveillance by unknown entities, prompting him to frequently change his email addresses. Additionally, reports revealed that Singh oversaw ten bank accounts and relied heavily on credit cards. It was also noted that he frequently utilized these cards and faced financial instability.
Facebook account hacked? How to recover it in case you have been locked out?
As cybercrimes and scams via online mediums increase exponentially across the globe, Facebook, which is one of the most popular social media platforms becomes an obvious target for hackers and scammers to illegitimately gain access to your account and personal information. However, there are some means by which these intruders can be kept at bay.
Ahmedabad school bomb threat: List of schools that received the threat
Numerous schools in Ahmedabad faced bomb threat emails on Monday, sparking fear among students, staff, and parents. The state police and Bomb Detection and Disposal Squad (BDDS) teams are investigating the matter, reportedly traced back to a sender in Russia. This incident mirrors recent threats in Delhi-NCR. Delhi Police seeks international assistance following similar false threats last year, where prompt responses aided in resolution.
Schools bomb scare: Delhi Police writes to Russian firm, seeks CBI help as probe intensified
Over 200 schools in Delhi-NCR received bomb threats via e-mail, prompting police to contact Mail.ru via Interpol. CBI is involved. Investigations suspect VPN use. Some schools issued fresh advisories due to attendance impact.
Review board to issue report detailing Microsoft's lapses in China hack: report
The intrusion, which ransacked the Microsoft Exchange Online mailboxes of 22 organizations and more than 500 individuals around the world, was "preventable" and "should never have occurred", the Washington Post said, citing the report.
Russian hackers who hit Microsoft also targeted other organisations
The Microsoft security team detected a nation-state attack on its corporate systems on January 12, and immediately activated its response process to investigate, disrupt malicious activity, mitigate the attack, and deny the threat actor further access.
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