The Indian government is putting pressure on WhatsApp to develop a mechanism to trace the origins of fake messages that threaten the nation's security. Will WhatsApp take action? And what do security experts say about the feasibility?
When leveraging AI and machine learning to drive banking innovations, it is essential to take a structured approach in implementing security-by-design for conducting proper risk assessment of the organizations and people involved, says Sameer Ratolikar, CISO, HDFC Bank
Both chambers of India's Parliament have passed new legislation that gives National Investigation Agency officers more power to take tough action against cybercrime and terrorism. Here's a rundown of the details.
The Ministry of Road Transport and Highways reportedly informed the Parliament that it has earned around INR 65 crore, or about $9.5 million, by providing restricted access to a database of registered vehicles and drivers to private-sector companies. Is citizens' privacy at stake?
Building a public/private partnership for cybersecurity is time consuming and resource-intensive, but such a model can play a key role in protecting critical infrastructure, says Ravikishor Mundada, CEO of the Center of Cybersecurity Excellence, Government of Karnataka.
WhatsApp, the messaging service owned by Facebook, says it's ready to launch its digital payment services, WhatsApp Pay, in India following its beta test. But the Supreme Court says WhatsApp first must comply with RBI's data localization requirements.
Singapore's Personal Data Protection Commission is seeking feedback on the government's plan to amend the Personal Data Protection Act to create a tough breach notification mandate. In the meantime, the PDPC has issued data breach management guidelines to help organizations prepare for the new requirements.
Cybersecurity is a priority for the second term of Prime Minister Narendra Modi. As he completed his cabinet ministry appointments, he instructed the ministers to take up initiatives that can help build a cyber-resilient nation.
Global payment companies Mastercard and Visa say they are making progress toward storing all their data on Indians within the country and wiping out data related to Indian transactions that's stored overseas. The moves are an effort to comply with Reserve Bank of India's directive on data localization.
It's critical for SOC team to extensively leverage Artificial Intelligence to transform its operations and enhance its investigation capabilities in making the organization safe from attackers and achieving the business goals.
Criminal gangs have been hitting e-commerce sites hard lately by injecting their malicious code to "skim" customers' payment card details. In a recent twist, Malwarebytes spotted a malicious iFrame that steps in front of the normal payment process to intercept card details.
At this week's Information Security Media Group Fraud & Breach Summit in Bengaluru, India, national cybersecurity coordinator Lt. Gen. (retired) Rajesh Pant spoke about the challenges facing the country over the coming years.
Keeping organizations safe from attackers and staying one step ahead of them is a tough proposition, and hence identifying threats accurately with integrated user behavioral analytics and artificial intelligence makes tremendous sense as this can save invaluable investigation time.