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 ...
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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 »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 »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 »AI-driven cyber attacks top risk for enterprises, says report, ET CIO
AI-driven cyber attacks top risk for enterprises, says report, ET CIO New Delhi, Nov 3 (IANS) Artificial intelligence (AI)-driven malicious attacks were the top emerging cyber-security risk for enterprises in the third quarter of 2024, according to a new report. Artificial intelligence (AI)-driven malicious attacks were the top emerging cyber-security risk for enterprises in the third quarter of 2024, according ...
Read More »Digital Personal Data Protection Bill, 2023 passed in Lok Sabha, ET CIO
Digital Personal Data Protection Bill, 2023 passed in Lok Sabha, ET CIO The Digital Personal Data Protection Bill, 2023, passed in Lok Sabha on Monday. Speaking on the floor of Lok Sabha, Minister Ashwini Vaishnaw said, “The world today is discussing and praising the government’s Digital India initiative. Many countries want to implement some of these — UPI, Aadhaar – ...
Read More »China drafts rules for using facial recognition technology, CIO News, ET CIO
China drafts rules for using facial recognition technology, CIO News, ET CIO China’s cyberspace regulator said on Tuesday it has issued draft rules to oversee the security management of facial recognition technology in the country, following concerns raised in public about overuse of the technology. The Cyberspace Administration of China (CAC) said facial recognition technology can only be used to ...
Read More »New data bill’s mandate could pose security risk, say social media platforms, ET CIO
New data bill’s mandate could pose security risk, say social media platforms, ET CIO Social media platforms have said the new data bill’s mandate to verify the identity of millions of children and their parents could pose a security risk. The Digital Personal Data Protection Bill (DPDP) was passed by the Rajya Sabha on Wednesday, paving the way for India’s ...
Read More »Building the government-to-citizen (G2C) value chain with cloud-first-security-first approach, ET CIO
Building the government-to-citizen (G2C) value chain with cloud-first-security-first approach, ET CIO Rajesh Awasthi, Global Head of Cloud and Managed Hosting Services, Tata Communications India is transforming towards a digital, diverse, secure and inclusive economy and cloud computing is helping the country in bridging the digital divide, step by step. Digital India Mission has transformed the delivery of government services to ...
Read More »Microsoft’s Brad Smith, ET CIO
Microsoft’s Brad Smith, ET CIO The biggest threat and tool to manage cybersecurity will be through generative AI, said Microsoft USA vice chairman Brad Smith during the B20 India Summit 2023 in New Delhi. Addressing cybersecurity attack concerns raised by generative AI, Smith said that there will be an increasing number of organisations and governments that will use the technology ...
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