Explore Business Standard
Sri Lanka's Finance Ministry has said that the computer system of the External Resources Department has been hacked by cyber hackers who gained unauthorised access and carried out a theft involving a foreign currency payment. The Ministry of Finance, Planning and Economic Development on Wednesday said it has already lodged complaints with law enforcement agencies and other relevant institutions regarding the theft. "Cyber hackers have gained unauthorised access to the computer system of an External Resources Department within the institution," the ministry statement said. The statement came to be issued after the opposition claimed that USD 2.5 million of treasury funds had gone to an account other than the relevant foreign debt repayment account of Australian origin. A group of opposition lawyers wrote to the speaker of parliament that in September 2025, Sri Lanka was due to pay USD 22.9 million dollars to a creditor. USD 2.5 million, being a partial payment of that amount, had b
The National Stock Exchange (NSE) faces around 170 million cyberattacks daily, requiring a dedicated team of "cyber warriors" to work around the clock to ensure uninterrupted operations. The NSE recorded its highest-ever 40 crore (400 million) cyberattacks in a single day during 'Operation Sindoor', designed as a DDoS simulation. However, attackers failed to cause any damage due to the coordinated efforts of men, machines, and advanced technology. "Every day, millions of cyberattacks take place on the NSE. But our technical teams, their systems and technology combat these attacks round the clock using specialised software," a senior NSE official told PTI. He said that the number of cyberattacks ranges from 150 million to 170 million daily, making the task for the teams and systems highly challenging. Technical teams at the twin cyber defence centres remain in constant battle mode, equipped with upgraded software to neutralise and repel large-scale attacks on the financial market ..
Defence Minister Rajnath Singh on Thursday said that in the era of "grey zone" and hybrid warfare, cyber attacks and disinformation campaign are tools to achieve politico-military aims. The ongoing conflicts and contemporary trends highlight the fact that traditional notions of warfare are being rewritten, he said in his address at the convocation ceremony of Defence Service Staff College (DSSC) here. "The ongoing conflicts and contemporary trends highlight the fact that the traditional notions of warfare are being rewritten. Emerging technologies are impacting the character of war with unmanned systems, and advent of AI forecasting, an era of Autonomous Warfare. The Warfare today has gone beyond the traditional battlefields of land, sea and air," he said. The Armed forces will increasingly need to operate jointly in a multi-domain environment where cyber, space and information warfare will be as potent as conventional operations. "We are in the age of Grey Zone and Hybrid warfare
India is a strategic market for Check Point Software Technologies Ltd and the company is growing its business in the digital native space, a top official of the Israel-based firm said. Check Point Software Technologies Asia Pacific and Japan President Ruma Balasubramanian further said education institutions and health care institutions face the most cyber attacks in India. "India is a very, very strategic market for us. And today we look after some of the most highly regarded organisations in India in the financial services space, in the public sector space, in the IT services space," she told PTI in an interview. Balasubramanian also said as the threat landscape gets more and more complex, Check Point Software Technologies is growing its business in the digital native space. "And you are going to see a lot more from us in that market," she added. Digital native refers to an environment where individuals grow up with readily available digital technology like computers and smartphon
Details emerged over the weekend of a suspected Iranian cyber intrusion into the campaign of Republican presidential nominee Donald Trump, potentially resulting in the theft of internal campaign documents. The FBI is investigating the matter as well as attempts to infiltrate President Joe Biden's reelection campaign, which became Vice President Kamala Harris' campaign after Biden dropped out of the race. Here's what we know: What happened? Trump's presidential campaign said Saturday that it had been hacked and that sensitive internal documents were stolen and distributed. It declared that Iranian actors were to blame. The same day, Politico revealed it had received leaked internal Trump campaign documents by email, from a person only identified as Robert. The outlet said the documents included vetting materials on Republican vice presidential nominee JD Vance and Sen Marco Rubio, who also was considered as a potential vice president. Two other news outlets, The New York Times and