Police are investigating an anonymous email threat against Indian IT company Wipro as a potential "act of terror." On May 5, the company received an anonymous email threatening a massive attack with the poison Ricin on all its offices in Bangalore if it didn't pay a bitcoin ransom.
With an aim to safeguard capital markets from cyberattacks, the Securities and Exchange Board of India has set up a committee on cybersecurity to provide guidance. But some security practitioners stress that the panel will prove effective only if its recommendations are actually carried out.
An investigation into last year's attempted theft of $170 million at India's state-owned Union Bank has found strong similarities with the Bangladesh Central Bank heist, which was attributed to North Korea, and resulted in an $81 million loss.
An increase in unemployment isn't always a bad sign. It could reflect that more people are entering the workforce and looking for work, but have yet to land jobs. Could that be happening with IT security practitioners?
The U.S. regulation that forbid ISPs from selling information about web activity without a customer's permission is gone. But it's still possible to maintain privacy on the Web even if prying eyes are watching.
IRDAI's draft information and cybersecurity framework developed in collaboration with industry working groups is set to be finalized soon. The draft is fairly comprehensive and will set a serious tone for security at a board level, experts say.
Déjà vu "smart toy" information security fail: Spiral Toys, maker of internet-connected CloudPets, is under fire for exposing 821,000 user records online - now being ransomed - as well as links to 2.2 million parents' and children's voice recordings.
The many companies in the Middle East that do business in Europe - and handle Europeans' data - now must comply with the European Union's new General Data Protection Regulation. And some security experts say that could lead to a boost in data security practices in the region.
Dutch police reveal they arrested an e-commerce website developer on charges of installing backdoors that allowed him to siphon 20,000 email addresses and passwords, which he then allegedly used to commit fraud using some old-school tactics.
The hacking group known as Legion is taking credit for hijacking the twitter accounts of high-profile Indians as well as accessing more than 40,000 servers. Is the nation well-equipped to mitigate the risks posed by hackers?
After the recent compromise of 3.2 million debit cards details in India, Ravi Shankar Prasad, minister of IT and law, is calling for more organizations to have a third-party security audit and hire a CISO.
In the wake of recent cyberattacks on the financial sector, the Insurance Regulatory Authority of India plans to develop by March 2017 a comprehensive cybersecurity framework offering guidance for insurers. Security experts weigh in on the priority areas that need IRDAI's attention.
In light of the increase in ATM fraud in India, it's essential that banks more closely monitor the security efforts of third-party service providers they increasingly are relying on to help manage their networks, says Prakash Joshi, COO at Electronic Payment Systems
Federal regulators will be kicking off remote HIPAA compliance "desk audits" of business associates next month and more comprehensive onsite audits of both covered entities and BAs early next year. Learn more about what's next for the audit program.