Many corporate boards of directors in India have made progress in recognizing cybersecurity as a priority. But clearly, they still have a lot of work to do. Panelists at a recent ISMG summit in Bengaluru offer insights.
Despite multiple government agencies being formed to fight cybercrime, efforts need to be made for better coordination between them, said Lt Gen (retd) Rajesh Pant, the newly appointed national cybersecurity coordinator, PM Office, Government of India.
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.
The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
Latha Reddy, India's former deputy national security adviser, says the nation should designate election infrastructure as "critical information infrastructure" to help ensure that cybersecurity is a much higher priority. She also spells out other critical steps.
The Singapore government has introduced draft legislation that it says would help in combating fake news, especially on social media platforms. While some privacy experts have expressed reservations, government intervention is merited.
Singapore Prime Minister Lee Hsien Loong has formed a committee to conduct a comprehensive review of data security practices and suggest recommendations for preventing data breaches that affect critical infrastructure. How are security experts reacting?
An essential component of protecting payment information is devaluing the data that is transmitted so it's of no use to hackers, says Lance Johnson, executive director of the PCI Standards Security Council.
The National Internet Exchange of India, an autonomous body under the Ministry of Electronics and IT that maintains the .In registry and country code Top Level Domains, has switched to a new outsourcer for operations and maintenance. Some security experts are criticizing the move.
Why are we surprised about the amount and sensitivity of data that mobile apps collect? The online industry has never been forthright about it. That's why we're faced with a yawning gap between user expectations and true privacy. And it's why Facebook, Google, Apple and others have many questions to answer.
The aerospace exhibition Aero India 2019, which is being hosted by the Ministry of Defense Feb. 20-24, for the first time is focusing on showcasing cybersecurity capabilities and associated technologies. Meanwhile, there are other encouraging signs regarding India's efforts to defend against cyberattacks.
Recent data leaks, including the SBI incident that affected millions of customers, have once again stirred up a debate on the role of auditors in cybersecurity. But a bigger issue is the need to invest in appropriate security technologies and implement stronger policies and awareness programs.