Banks and fintech have been ordered by SEBI to ensure that investors complete transactions for mutual funds using e-wallets that comply with KYC requirements. The start date for this is May 1, 2023. The most recent SEBI circular suggested that all e-wallets fully comply with the RBI’s KYC requirements. In 2017, SEBI gave permission for fund firms to utilise e-wallets to collect up to Rs. 50,000 each fiscal year.
The SANS Cloud-Native Application Protection Platforms (CNAPPs) Buyers Guide gives companies a deep dive into what to look for in a CNAPP solution. As organizations continue to shift towards integrated platform-based solutions for their cloud security needs, it becomes critical to evaluate whether a CNAPP solution meets all the requirements across use cases like posture management, permissions management, vulnerability management, and threat detection and response.
It seems that once again bad actors have found a new way to infect our devices with malware. This time, they are using a devious little trick to spread trojanized versions of popular chat apps Telegram and WhatsApp. Now, I am sure you are all familiar with these apps – they are hugely popular for communication and messaging, with millions of users around the world. And unfortunately, that is exactly what makes them such an attractive target for cybercriminals.
Ferrari’s woes seem to be continuing from F1 tracks to their data. And surprisingly, ransomware today encrypts files as fast as a Ferrari V8 goes from 0 to 60 mph. The current ransomware attack means cybercriminals now have access to confidential client data. Remarkably, this isn’t the first time Ferrari has been the victim of a ransomware attack; in October of last year, critical documents belonging to the brand were leaked online.
Five worthy reads is a regular column on five noteworthy items we’ve discovered while researching trending and timeless topics. This week, to mark the upcoming World Backup Day, we explore the concepts of data decay and the digital dark age. Data is often equated with oil and gold because of how valuable it can be. On the personal front, it comprises anything from digital copies of official documentation to precious memories.
Over 4 million mobile apps (Android and iOS combined) are available to download. A majority of those apps store and process confidential user information such as contact number, email, age, gender, banking details, etc. No wonder mobile apps are one of the most lucrative and sought-after targets for hackers, and app fraud volumes are expected to double by 2026.
DIY or open-source secrets detection can seem cost-effective and customizable initially... until you start hitting the first obstacles like scalability, developer experience (DX), or deep application security expertise. Read on to find out how GitGuardian can help you rise above these!
Keeper’s Enterprise Password Manager is the only solution that uses Elliptic Curve Cryptography (ECC) in its encryption, making it the most secure password management solution available. ECC is a public-key cryptography method based on the mathematics of elliptic curves. First proposed in 1985, it recently rose to prominence with modern cryptography as it provides a higher level of security compared to traditional encryption methods, such as RSA.
