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Showing posts from March, 2017

CYBER CRIMES

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Cyber-crime in all of its forms is one of the fastest growing areas of criminality. More and more criminals are exploiting the speed; convenience and anonymity that modern technologies offer to commit a diverse range of crimes, including attacks against computer data and systems, identity theft, the distribution of child sexual abuse images, and Internet auction fraud. The global nature of the Internet allows criminals to commit almost any illegal activity any wherein the world, which makes it essential for all countries to adapt their domestic offline controls to cover crimes carried out in cyberspace. It is a criminal activity committed on the internet. This is a broad term that describes everything from electronic cracking to denial of service attacks that cause electronic commerce sites to lose money. The following working definition has increasingly been accepted by Canadian law enforcement agencies: “a criminal offence involving a computer as the object of the crim...

Different Ways to Protect Yourself in the Cyber World

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The all-pervasive Internet is a solid breeding ground for online hackers. As per the FTC.gov website, the Federal Trade Commission has got more than 4, 90,000 consumer petitions for identity thefts in 2015. And cyber thefts continue to grow at an alarming rate. With the innumerable number of online sites popping up every second and the compelling need for the cyber-world increasing every day, we need to strengthen our cyber-security fencing in order to stop the cyber-attacks. Here are five steps to build your guard against the growing online thefts. ·          Do Compulsory Online Audits: Do a complete online audit on all the software you use. Decide on the software you can keep for the year and update them to the latest versions. Close all unwanted and unused online accounts. These outdated and unused accounts are easy targets for cyber-thefts. Moreover doing an online audit helps you to understand areas where you need to size up yo...

The Newest Cyber Guidelines Could Be A Potential Killer To The E-Wallet Industry

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The most recent cyber rules from the Ministry Of Information Technology to tighten the Cyber Security in Prepaid Payment Instruments or PPIs, could pose a threat to the E-Wallet industry. The ministry has asked all E-Wallet players to incorporate multi-level authentication in every wallet payment transaction, which as per the PPI industry heads could be a potential threat.  According to the industry sources, the multi-layer authentication will be a possible hurdle to all the E-Wallet instant payment schemes. Sandeep Ghule, Cofounder of Transerv and a PPI license holder, is of the opinion that having multi-level verifications can cause problems to instant payments as network connectivity is still very poor in many rural areas of the country.  The Ministry has also asked the industry players to report cyber hacks to CERT-In. Ghule says that PPI industry already has a reporting mechanism laid down by the RBI and having two separate reporting mechanism and new list of ru...