AI: the new arsenal of cybercriminals and its growing threat to business – ET CISO https://etimg.etb2bimg.com/thumb/msid-117255830,imgsize-9430,width-1200,height=765,overlay-etciso/cybercrime-fraud/ai-the-new-arsenal-of-cybercriminals-and-its-growing-threat-to-business.jpg Artificial Intelligence is transforming industries around the world. Although it creates grounds for more innovation and efficiency, it also presents cybercriminals with new opportunities. From automating attacks to outsmarting highly secure systems, AI is undoubtedly a powerful weapon for hackers, posing unprecedented threats to ...
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Cybersecurity firms CrowdStrike, Okta shares jump after better-than-expected earnings, ET CIO
Cybersecurity firms CrowdStrike, Okta shares jump after better-than-expected earnings, ET CIO By Chibuike Oguh NEW YORK: Shares of CrowdStrike Holdings Inc and Okta Inc each gained more than 10% on Thursday after both cybersecurity firms reported better-than-expected quarterly results, driven by strong demand for their products. CrowdStrike beat estimates when it reported late on Wednesday that its revenue jumped 37% ...
Read More »How the upcoming DPDP Act could reshape BFSI sector’s data practices – ET CISO
How the upcoming DPDP Act could reshape BFSI sector’s data practices – ET CISO https://etimg.etb2bimg.com/thumb/msid-117042307,imgsize-238860,width-1200,height=765,overlay-etciso/data-breaches/how-the-upcoming-dpdp-act-could-reshape-bfsi-sectors-data-practices.jpg The draft rules under the Digital Personal Data Protection (DPDP) Act, released recently, are set to impose significant changes on how banks, non-banking financial companies (NBFCs), and insurance firms handle customer data. The proposed regulations, which mandate explicit customer consent for data sharing and restrict ...
Read More »Confluent’s Jay Kreps, ET CIO
Confluent’s Jay Kreps, ET CIO Individuals have the right to know how their personal data is being used and laws like The Digital Personal Data Protection Bill 2023, encourage ethical data management which is becoming increasingly important amidst rising concerns about privacy, security and transparency said Jay Kreps, cofounder and CEO, Confluent, a Nasdaq-listed leading data streaming company. “Companies will ...
Read More »Outlook 2025: CFOs see geopolitical tensions, cybersecurity threats, and inflationary pressures top risks for India Inc – ET CISO
Outlook 2025: CFOs see geopolitical tensions, cybersecurity threats, and inflationary pressures top risks for India Inc – ET CISO https://etimg.etb2bimg.com/thumb/msid-116993537,imgsize-5170,width-1200,height=765,overlay-etciso/cybercrime-fraud/outlook-2025-cfos-see-geopolitical-tensions-cybersecurity-threats-and-inflationary-pressures-top-risks-for-india-inc.jpg Chief Financial Officers (CFOs) are raising alarm about a range of risks that could threaten business stability, with geopolitical uncertainties, cybersecurity threats, regulatory challenges, and economic volatility topping the list. In this unpredictable environment, CFOs are urging companies to adopt ...
Read More »Tech Data, Allied Telesis to revolutionize tech solutions for CIOs, ET CIO
Tech Data, Allied Telesis to revolutionize tech solutions for CIOs, ET CIO In a significant development for CIOs and the tech industry in India, Tech Data has joined forces with Allied Telesis to become its premium distributor. This partnership holds the promise of reshaping the technology landscape in India, offering CIOs access to cutting-edge AI-powered networking solutions and robust cybersecurity ...
Read More »DPDP Act draft rules: social media users under 18 years to require parental consent – ET CISO
DPDP Act draft rules: social media users under 18 years to require parental consent – ET CISO https://etimg.etb2bimg.com/thumb/msid-116932661,imgsize-26972,width-1200,height=765,overlay-etciso/corporate/dpdp-act-draft-rules-social-media-users-under-18-years-to-require-parental-consent.jpg Children will require verifiable parental consent to access social media in India, as per the draft rules of the Digital Personal Data Protection Act of 2023 (DPDP). Any user below the age of 18 has been defined as a child under the ...
Read More »Quick commerce taps identity verification companies to curb frauds amid ramp-up, ET CIO
Quick commerce taps identity verification companies to curb frauds amid ramp-up, ET CIO Quick commerce players are increasingly engaging with identity verification firms such as IDfy, Bureau and Equal to conduct background checks on delivery personnel, aiming to enhance trust and curb frauds amid rapid expansion of the instant delivery ecosystem. While gig economy workers have always been required to ...
Read More »Ransomware attack exposes database of one of France’s biggest IT companies with over 100,000 employees – ET CISO
Ransomware attack exposes database of one of France’s biggest IT companies with over 100,000 employees – ET CISO https://etimg.etb2bimg.com/thumb/msid-116817885,imgsize-1360918,width-1200,height=765,overlay-etciso/corporate/ransomware-attack-exposes-database-of-one-of-frances-biggest-it-companies-with-over-100000-employees.jpg French tech major Atos SE is reportedly been targeted by a ransomware attack. The company has confirmed that it is currently investigating claims by ransomware group Space Bears that announced compromising one of Atos’s databases. In these attacks, cybercriminals encrypt the ...
Read More »Key considerations for retailers adopting edge AI solutions, ET CIO
Key considerations for retailers adopting edge AI solutions, ET CIO About twenty years ago, the retail industry was vastly different. It was defined by manual inventory counts and face-to-face conversations to understand customer preferences. Nearly half of industry respondents see AI and GenAI as key to enhancing end-to-end supply chain visibility, suggests Deloitte’s Global Retail Outlook report. The same proportion ...
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