A $1 Million fine has been handed out to Adobe Systems for the massive 2013 data break the rules that saw around 38 million user credentials taken and leaked online. The fine has to be paid to the over 5,00,000 residents of 15 US states afflicted by the 2013 data breach. “Under a multistate agreement […]
Following data theft that affected 32 lakh debit cards recently, insurers see rise popular for cyber insurance and also have warned of a spike in cyber risk cover premiums. In the biggest-ever security breach in the domestic banking sector, over 32 lakh charge cards of various banking institutions were ‘compromised’ after a cyber malware attack […]
The RBI (Reserve Bank of India) is likely to take action up against the standard bank from whose ATMs where the leak of customer data took place after the forensic audit is completed. The regulator also made its displeasure experienced at certain banks which asked its customers to use only the in one facility ATMs […]
A virus at Hitachi Payments Solutions led to over thirty-two lakh debit cards in India being compromised. Hitachi is one of the companies that operate ATMs in India. The affected debit cards were used in ATMs that are suspected to obtain exposed details of the cards to the malware. A officer of NPCI (National Payments Corporation […]
Private sector Axis Bank said on Wednesday there was no loss to its customers from the recent cyber attack. The malware attack was recognized in time and was duly informed to the regulator RBI. The bank’s internal monitoring system determined such a danger recently and all steps have been undertaken to neutralist the same, it said. […]