Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Given that most KYC is registered online and the documents required are also assembled online, verification procedures should be fully digital as well, given the entire digitization of financial instruments and services. The onboarding procedure can now be completed entirely online thanks to changes made by authoritative entities. The eKYC Verification, which speeds processing for a variety of financial services, enables this.

LastPass, the popular password manager used by millions of people around the world, has announced that it suffered a security breach two weeks ago that saw attackers break into its systems and steal information. But don’t panic just yet – that doesn’t mean that all of your passwords are now in the hands of internet criminals.

A secure password contains randomized letters, numbers and characters with a minimum length of 8 characters. Memorizing strong passwords can be difficult which is why passwords are often reused. While reusing passwords makes it easier for you to remember, it also makes it easy for cybercriminals to gain access to your personal data. To prevent your data from falling into the wrong hands, it is important to learn the best practices that will ensure your passwords are secure.

Few Indian businesses are included in the ever-increasing list of major data breaches. But data suggests that this streak of luck could soon be reaching its end. Increasing third-party security risks and a deficiency of security controls addressing them create the perfect conditions for a large-scale global supply chain attack facilitated by breached Indian business.