Month: July 2021

Human errors cause almost 90% of data breaches, Do we need a human firewall?

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We saw global disruption at an unprecedented scale. It was a whole new journey of learning to discover the limits to which we could push technology. As millions of workers, students and professionals were forced to log in from home, cybersecurity took on a whole new meaning. Lack of cybersecurity in home networks increasingly made organizational security vulnerable, creating new opportunities for cybercriminals. As remote and hybrid working models continue to be the norm, the threat from cybercriminals will continue to loom large. The top 5 drivers resulting in unintentional insider threats include social engineering,…

The increasing Cyber security risks have resulted in increased security experts in India

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The data breaches have increased significantly across the globe , this particular year 80% of the breaches were due to COVID-19 websites. The COVID-19 websites may relate to helping COVID-19 patients to support, help and lots of other areas. Most of them have some element of cybersecurity compromise. Once you click on that particular link it goes through the wrong direction and reaches to the hackers and most of these downloads or links are connected to something which is nefarious. As all of us are scared in this current scenario, we tend…

Dentsu India launches indeed Smart City as CSR Initiative

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Dentsu has announced the launch of ‘Indeed Smart City’ in India under its CSR advisory & implementation arm, Indeed.   The aim of this initiative is in line with India’s aspirations for economic modernisation, which are fundamentally linked to the country’s Smart City Mission, which includes a cross-capability team of industry and operational expertise that helps cities’ pilots to adopt new technologies and spark transformation.   With dentsu India’s latest CSR initiative, the agency network aims to improve the quality of life for the region’s citizens and consumers, manage cities’…

Anil Agarwal to spend ₹5,000 crore towards the society over the next five years

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The Vedanta Group, a natural resources producer, plans to invest ₹5,000 crore over next five years focusing on providing nutrition, women and child development including major investments in a Corona-free village project across 1,000 villages in 12 states.   The first of its kind social impact programme will be run by Anil Agarwal Foundation which will be the umbrella entity of Vedanta’s social initiatives and provide all-round development to work towards these goals over the next five years.   Addressing media, Anil Agarwal, Chairman, Vedanta Group said the family has…

The State Bank of India has alerted its customers regarding the KYC fraud

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The State Bank of India (SBI) has alerted its customers on the KYC (Know Your Customer) fraud.   The bank said that the fraud is real, and it has proliferated across the country. Alerting its customers, SBI tweeted “KYC fraud is real, and it has proliferated across the country.   Cases of the KYC scams have been rising ever since SBI decided to permit acceptance of documents for updating customers’ information through post in the wake of difficulties faced by customers due to COVID-19 lockdowns.   The fraudster sends a…

Richard Branson takes off for space from New Mexico

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Billionaire Richard Branson took off Sunday from a base in New Mexico aboard a Virgin Galactic vessel bound for the edge of space, a voyage he hopes will lift the nascent space tourism industry off the ground.   A massive carrier plane made a horizontal take-off from Space Port, New Mexico at around 8:40 am Mountain Time (1440 GMT) and will ascend for around an hour to an altitutude of 50,000 feet (15 kilometers).   The mothership will then drop a rocket-powered spaceplane called VSS Unity, which will ignite its…

President Biden urges more scrutiny on big businesses into tech giants

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President Joe Biden signed a sweeping executive order on Friday intended to increase competition within the nation’s economy and to limit corporate dominance, factors the White House says have led to higher prices and fewer choices for consumers while dampening pay and restricting the freedom to change jobs.   It is true that, the technology companies has formed the law as per their conveniences and business profitability by evading the taxes. With this the Trillion of money is saved in the countries into Tax heavens. There were 10 countries are…

MD of Shakti Bhog Foods arrested by ED

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The Enforcement Directorate (ED) has arrested Kewal Krishan Kumar, chief managing director of Shakti Bhog Foods Limited, from New Delhi in a money laundering case.   Shakti Bhog Foods Limited, a 24-year-old company, has been accused of defrauding ten banks to the tune of over Rs 3,270 crore.   The allegations against the accused include diversion of funds from loan accounts, round tripping of funds through related entities and siphoning of funds through suspicious sale and purchase from various entities.   As per the ED, this arrest was in continuation…

Opposition questioning on the Rafale deal ,Supreme Court gives the clean chit

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The Congress demanded a Joint Parliamentary Committee probe into the Rafale deal, saying it is the only way forward to find the truth about “corruption” in the purchase of the fighter jets.   The Congress’ demand came after French investigative website Mediapart reported that a French judge has been appointed to lead a “highly sensitive” judicial investigation into alleged “corruption and favouritism” in the Rs 59,000 crore Rafale fighter jet deal with India.   The French judge has been appointed to lead a judicial investigation into alleged corruption and favouritism…

Who is responsible for the tragic death of 84-Year-father Stan Swamy ?

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The 84-year-old Jesuit priest had been arrested in October for allegedly being part of a conspiracy to instigate caste violence in Bhima Koregaon village near Pune in 2018. He stated plainly that he feared for his life if he remained behind bars.Stan Swamy an 84-year-old had told the High Court via video-conferencing that his health had consistently declined at the Taloja prison in Navi Mumbai and if he was not granted interim bail, he “would die soon”.    Father Stan Swamy, a soldier of Christ, should have known that “blessed…