Hyderabad family loses Rs 5.5 crore after being in 17-day Digital Arrest: ‘Aadhaar, drugs and more’ used to dupe them – ET CISO https://etimg.etb2bimg.com/thumb/msid-116289056,imgsize-30814,width-1200,height=765,overlay-etciso/cybercrime-fraud/hyderabad-family-loses-rs-5-5-crore-after-being-in-17-day-digital-arrest-aadhaar-drugs-and-more-used-to-dupe-them.jpg A Hyderabad family has become the victim of a sophisticated online scam, losing a huge sum of Rs 5.5 crore after being subjected to a 17-day long “digital arrest.” How the scam took placeThe ordeal began ...
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Combating cyber fraud threats for success of the India digital growth story, ET CIO
Combating cyber fraud threats for success of the India digital growth story, ET CIO From 10-minute deliveries to real-time digital payments via UPI and cash transfers through AEPS, technology has paved the way for financial inclusion and long-term growth. In the insurance sector, technology has simplified access to and understanding of insurance products, enabling customers to secure policies from the ...
Read More »Visibility and speed: The keys to defeating modern cyber threats – ET CISO
Visibility and speed: The keys to defeating modern cyber threats – ET CISO https://etimg.etb2bimg.com/thumb/msid-116240371,imgsize-741432,width-1200,height=765,overlay-etciso/ciso-strategies/visibility-and-speed-the-keys-to-defeating-modern-cyber-threats.jpg In today’s threat landscape, speed and visibility are critical for organisations to counter increasingly sophisticated adversaries. Modern attacks now span endpoints, identities, and cloud environments, requiring a unified approach to safeguard digital ecosystems. Organisations that cannot adapt to this complexity risk falling behind attackers who operate ...
Read More »Key considerations for retailers adopting edge AI solutions, ET CIO
Key considerations for retailers adopting edge AI solutions, ET CIO About twenty years ago, the retail industry was vastly different. It was defined by manual inventory counts and face-to-face conversations to understand customer preferences. Nearly half of industry respondents see AI and GenAI as key to enhancing end-to-end supply chain visibility, suggests Deloitte’s Global Retail Outlook report. The same proportion ...
Read More »BFSI at Innovation and Regulation Crossroads – ET CISO
BFSI at Innovation and Regulation Crossroads – ET CISO https://etimg.etb2bimg.com/thumb/msid-115795689,imgsize-355735,width-1200,height=765,overlay-etciso/cybercrime-fraud/bfsi-at-innovation-and-regulation-crossroads.jpg There are a large number of stories where banking customers have lost their hard-earned money to fraudsters. Whether it was due to the fear of digital arrest, or losing their details and blocking the cards or accounts, fraudsters have emptied gullible people’s bank accounts. In fact, once a bank CEO ...
Read More »HCLTech, Intel launch enterprise data security service – ET CISO
HCLTech, Intel launch enterprise data security service – ET CISO https://etimg.etb2bimg.com/thumb/msid-115698050,imgsize-41960,width-1200,height=765,overlay-etciso/vulnerabilities-exploits/hcltech-intel-launch-enterprise-data-security-service.jpg IT firm HCLTech in collaboration with American chipmaker Intel has launched a new enterprise data security service, DataTrustShield, to enhance the protection of sensitive information in cloud environments. HCLTech’s DataTrustShield has been designed to safeguard sensitive information during cloud operations by utilising trusted execution environments such as Intel Trust ...
Read More »IIT Madras launches centre for human-centric AI, CIO News, ET CIO
IIT Madras launches centre for human-centric AI, CIO News, ET CIO IIT Madras Pravartak Technologies Foundation, on Monday, announced the launch of a Centre for Human-Centric Artificial Intelligence (CHAI) that will harness AI to amplify human potential. The activities of the centre will help promote the development of entrepreneurship, human resources, international collaboration and technology. Additionally, to ensure that India’s ...
Read More »Chinese hackers preparing for conflict, US cyber official says – ET CISO
Chinese hackers preparing for conflict, US cyber official says – ET CISO https://etimg.etb2bimg.com/thumb/msid-115592180,imgsize-281672,width-1200,height=765,overlay-etciso/cybercrime-fraud/chinese-hackers-preparing-for-conflict-us-cyber-official-says.jpg Chinese hackers are positioning themselves in U.S. critical infrastructure IT networks for a potential clash with the United States, a top American cybersecurity official said on Friday. Morgan Adamski, executive director of US Cyber Command, said Chinese-linked cyber operations are aimed at gaining an advantage in case ...
Read More »Quick commerce taps identity verification companies to curb frauds amid ramp-up, ET CIO
Quick commerce taps identity verification companies to curb frauds amid ramp-up, ET CIO Quick commerce players are increasingly engaging with identity verification firms such as IDfy, Bureau and Equal to conduct background checks on delivery personnel, aiming to enhance trust and curb frauds amid rapid expansion of the instant delivery ecosystem. While gig economy workers have always been required to ...
Read More »India’s 500 GW renewable energy goal spurs call for advanced cybersecurity measures – ET CISO
India’s 500 GW renewable energy goal spurs call for advanced cybersecurity measures – ET CISO https://etimg.etb2bimg.com/thumb/msid-115485663,imgsize-33070,width-1200,height=765,overlay-etciso/next-gen-tech/indias-500-gw-renewable-energy-goal-spurs-call-for-advanced-cybersecurity-measures.jpg New Delhi: As India scales up digital initiatives to meet its ambitious renewable energy targets, cybersecurity challenges have come into sharp focus, especially in critical sectors like power transmission and distribution. Experts at the ET Energyworld SmartEnergy Summit 2024, during the panel discussion on ...
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