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Parliamentary panel summons bank officials, tech giants over cyber security and threat on July 4

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The Parliamentary Standing Committee for Finance on Friday called a meeting over cyber security and cyber threats on July 4. The parliamentary panel has summoned senior officials of various banks to give detailed presentations on how to prevent cyber threats in the country.

The subject for the meeting is ‘Cyber security and rising incidence of cyber/white collar crimes.’ “Oral evidence of the representatives of Punjab National Bank (PNB), Bank of India, Yes Bank and Indian Computer Emergency Response Team (CERT-In) on the subject ‘Cyber security and rising incidence of cyber/white collar crimes,” the committee agenda read.

The panel has also summoned the representatives of Paytm, Flipkart, Google and Apple. “Oral evidence of the representatives of One97 Communications (Paytm), Flipkart, Google and Apple on the subject ‘Cyber security and rising incidence of cyber/white collar crimes’,” it mentioned. The standing committee has expressed concerns over the rising number of cyber threat cases in the country.

Lok Sabha MP Jayant Sinha is the Chairman of the Standing Committee on Finance. The Committee consists of 31 members; 21 members from Lok Sabha and 10 from Rajya Sabha. (ANI)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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Hackers Scored Corporate Giants’ Logins for Data Centers (2)

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In an episode that underscores the vulnerability of global computer networks, hackers got ahold of login credentials for data centers in Asia used by some of the world’s biggest businesses, a potential bonanza for spying or sabotage, according to a cybersecurity research firm.

The previously unreported data caches involve emails and passwords for customer-support websites for two of the largest data center operators in Asia: Shanghai-based GDS Holdings Ltd. and Singapore-based ST Telemedia Global Data Centres, according to Resecurity Inc., which provides cybersecurity services and investigates hackers. About 2,000 customers of GDS and STT GDC were affected. Hackers have logged into the accounts of …

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Data Privacy Day: Security threats expand, are tech giants stepping up to help?

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We say it every year to mark the annual Data Privacy Day on January 28, and 2023 is no different. The potential of threat to your online data being accessed without your consent is more than it was last year. Smartphone and PCs, all apps you use, web browser, smart wearables, and even smart homes are accessing a user’s existing data and generating new data. A lot of it may be personal. Basically, nothing you’d want in the hand of a cybercriminal with nefarious intent.

There is no doubt we live in a hyper-connected world. That makes a strong online privacy layer crucial. Apps need to be able to keep your data secure while giving you as many options as possible to control what information other users can see about you. Secondly, devices that you access apps and the web need to have strong data privacy measures in place to complete the sequence.

“With cyber threats becoming increasingly sophisticated, businesses, people and communities at large are highly exposed to malicious attacks. Ransomware and data theft have been a persistent issue through the years globally as well as in India,” says Ripu Bajwa, director and general manager, data protection solutions, Dell Technologies India.

The latest numbers from the Norton Consumer Cyber Safety Pulse Report, which collects threat data from the LifeLock security software suite, give us a fair idea of the threat landscape.

The numbers indicate that between July and September last year, more than 769 million online threats were blocked on computing and mobile devices. These included more than 100 million file-based malware, 100 million fingerprinting attempts to track users and more than 330,000 mobile malware attacks.

Smartphones dial up privacy

The question needs to be asked, what are the tech giants doing to improve privacy measures on the software and apps they make, and the phones as well as computing devices they sell?

For Apple, efforts that started with App Tracking Transparency in iOS 14 a couple of years ago have steadily evolved into a much bigger toolkit for iPhone, iPad, and Mac users. Stopping websites from tracking you, blocking a gamut of trackers in emails, hiding your real email ID by generating temporary ones for…

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Cybersecurity expert: ‘Technological giants are becoming political actors’ | Science & Tech

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A physicist and mathematician, Eviatar Matania splits his teaching schedule between Oxford and Tel Aviv University. A former head of the Israeli National Cyber Directorate under Benjamin Netanyahu, he has published widely on issues of cybersecurity and artificial intelligence.

Matania, 56, sat down for an interview with EL PAÍS while visiting Madrid for a conference.

Question. Is privacy dead?

Answer. In China, the social credit system already works by which citizens receive a score based on their [digital] behavior: if they consume pornography, points are deducted. If they buy things online for children, they receive points, because they’re supposedly being responsible. In addition, [people] live with cameras in the streets. If you don’t behave well there, it will be very difficult for you to leave the country, get an apartment or get permits for so many things.

I see the threats that hang over privacy from cyberspace… giants like Google or governments know more about you than ever before. But I also see people trying to defend their privacy. If we look at what the European Union or academic foundations are doing, we see that a battle over privacy is being waged. Of course, the [younger generations] perceive privacy very differently. They display everything online… they enjoy doing it! Because of this, the key will not only be what we do to defend our privacy, but also how the new generations perceive privacy and defend human rights.

Q. How can we make sure that we govern technology, without letting it govern us?

A. Education is key. Finland has understood the threat to democracy that Russia exercises from the web… the country has begun to educate students about how to be good internet users. Our parents taught us to be careful on the street, to cross safely, things like that… but they wouldn’t know what to teach us about cyberspace! The Finns are doing that now,

building awareness about privacy, democracy and human rights, while distinguishing the most objective news from fake news.

Only after education can we talk about regulation. I am very much not in favor of strict regulation, but I am in favor of codes of good practice and of recommendations that will unleash…

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