For Web Application Attacks India Is The 7th Most Targeted Nation, Says Report

New Delhi: Nearly 40 per cent of over 53,000 cyber attacks in India occurred in the financial services sector during 2017, placing it at the seventh spot in the list of targeted countries for Web Application Attacks (WAA), a new report said on Wednesday.

Security incidents like phishing, website intrusions and defacements, virus and ransomware targeted the rapidly growing Banking, Financial services and Insurance (BFSI) sector in India, warranting a robust infrastructure and planned roadmap for cybersecurity, said the report from content delivery network services Akamai Technologies. 

“A key motive of attackers has always been financial profit. In the past few years, we have seen adversaries move to more direct methods to achieve that goal such as ransomware,” noted Martin McKeay, Senior Security Advocate at Akamai.


Did You Know Facebook, Twitter, Google Users Are Part Of Big Data? Here’s How To Protect Your Privacy

New Delhi:If you are a casual user of the internet like almost everybody in India then you probably have a Facebook, Twitter, YouTube/Google Account. What many people don’t know is that the information you provide are being used by marketers to sell products to you even without you knowing about it.

Furthermore the Aadhar database is one of the largest databases in the world as it contains extremely sensitive information of every single Indian in it. However since the Aadhar is protected by law and is legally binding on the government, it will remain out of the scope of this article.

The total amount of data being created by people in the world keeps increasing exponentially and is a huge treasure trove to companies who use this data to mine for information and achieve sales.


4G Speed In India Slowest In World

New Delhi: The average 4Gnetwork speed in India remains the slowest across countries having substantial telecom networks, lagging even Pakistan, Algeria, Kazakhstan and Tunisia.

According to a list prepared by mobile analytics company OpenSignal, 4G download speed in India is the slowest across 88 countries spanning six continents. This is despite the fact that 4G has been expanding at a rapid pace across the country, and networks are being upgraded from slower 2G services.

On an average, the 4G speed in India has been measured at 6 mbps (actual experience could be much lower), whereas subscribers in neighbouring Pakistan enjoy internet at a more than double speed of 14 mbps. Algeria is ranked second-last at 9 mbps.


Union Minister Geete Says No Time-Frame Decided On All Electric Car Fleet In India

New Delhi: The government has not set any time-frame for achieving an all-electric car fleet in the country, according to Union Minister Anant Geete.

 The minister said the government wants to encourage adoption of electric mobility by changing people's mindsets and cooperation of the automobile industry.

Geete's statement assumes significance as Union ministers, including PiyushGoyal, have in the past talked about achieving all electric car fleet by 2030.


The Underlying Technologies That Failed To Prevent PNB’s Cross Border Fraudulent Money Transfers

New Delhi: Punjab National Bank recently detected fraudulent transactions worth Rs 11,300 crore at its Brady House branch in Mumbai. The PNB in its cautionary note to other public and private sector banks said that the suspected fraud was carried out by the perpetrators in collusion with the staff.

It went on to explain the modus operandi of the scam and said: "It was found through SWIFT trail that one junior level branch official unauthorisedly and fraudulently issued Letters of Undertaking (LoU) on behalf of some companies belonging to NiravModi Group for availing buyers' credit from overseas branches of Indian Banks."