The Maharashtra government has appointed senior IPS officer and IT expert BrijeshSingh as Special IG-Cybercrime. Experts analyze expectations for the new head and discuss what should be his agenda for tackling cybercrime.
To help security practitioners address their challenges, ISMG is hosting its Fraud & Breach Prevention Summit on May 21 at the Conrad Hotel in Bengaluru, which will offer expert insights on best practices. Among the speakers: Lt. Gen. (retired) Rajesh Pant, the national cybersecurity coordinator of India.
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.
There have been reports of India losing $18.5 billion due to business done on the digital black markets, which are used by hackers to infiltrate and siphon off information from big companies. Use of the dark web has raised questions on the loopholes in the laws in place to govern cybercrime in India. In the recent ...
Police in India have made seven arrests of suspected money mules involved in the theft of $13.5 million from Cosmos Bank. Authorities continue to investigate the heist in hopes of identifying those who led the attack.
Police in India have launched a formal investigation of a malware attack on a Cosmos Bank ATM server that enabled attackers to siphon off US$13.4 million. Security experts say the incident raises many questions.
So far, police have not found evidence that a major organized hacking group was responsible for the Cosmos Bank heist, which involved the theft of $13.5 million through ATMs and unauthorized SWIFT transactions. What steps should banks take to avoid becoming the next cyber heist victim?
India recently witnessed a broad international attack on the banking system. Cosmos Cooperative Bank in Pune, Union Bank, Punjab National Bank and others were the victims of cyber fraudsters as hackers infiltrated bank system and siphoned money.
Most breaches are caused by the failure of some processes in the ...
Home Minister Rajnath Singh says India is increasingly susceptible to international cyberattacks, and new barriers must be created. He also asks cybersecurity experts to be alert to online radicalization.