The CICs shared their feedback and highlighted the initiatives that are being taken in collaborating with the credit institutions (CIs) for enhancing data quality
The search giant is set to roll out the feature, called Tracking Protection, on Jan. 4 to 1% of Chrome users globally, that will restrict cross-site tracking by default
The built-in Private Space on Android smartphones is expected to debut with Android 15 next year
These apps are part of a worrying trend of non-consensual pornography being developed and distributed because of advances in artificial intelligence - a type of fabricated media known as deepfake porn
Focusing on digital banking, the RBI announced a regulatory framework for web-aggregation of loan products and proposed the establishment of a fintech repository by April 2024
Meta is rolling out end-to-end encryption for calls and messages across its Facebook and Messenger platforms, the company announced Thursday. Such encryption means that no one other than the sender and the recipient not even Meta can decipher people's messages. Encrypted chats, first introduced as an optional feature in Messenger in 2016, will now be the standard for all users going forward, according to Messenger head Loredana Crisan. This has taken years to deliver because we've taken our time to get this right, Crisan wrote in a blog post. Our engineers, cryptographers, designers, policy experts and product managers have worked tirelessly to rebuild Messenger features from the ground up. Meta CEO Mark Zuckerberg promised, back in 2019, to bring end-to-end encryption to its platforms after the social media company suffered a string of high profile scandals, notably when Cambridge Analytica accessed user data on Facebook. Privacy advocates again shined a spotlight on Meta after
The feature allows users to designate voice notes as "View Once." This enhances privacy by preventing the recipient from exporting, forwarding, saving, or recording the voice note
The ad-free service cost 9.99 euros ($10.90) monthly for Web users and 12.99 euros for iOS and Android users
Tata group hospitality firm Indian Hotels Company Ltd on Thursday said it is investigating claims of a data breach, but asserted there is no suggestion of any current or ongoing security issue. According to a media report, there has been a personal data breach of 15 lakh users from the Taj Hotel database, which is available on the dark web for purchase at USD 5,000. "We have been made aware of someone claiming possession of a limited customer data set which is of non-sensitive nature," Indian Hotels Company Ltd (IHCL) spokesperson said in a statement. Asserting that safety and security of customers' data is of paramount importance to the company, the spokesperson said, "We are investigating this claim and have notified the relevant authorities." The spokesperson further said, "We continue to monitor our systems and there is no suggestion of any current or ongoing security issue or impact on business operations." IHCL runs a number of hospitality properties under the Taj, SeleQtion
Finance Minister Nirmala Sitharaman on Thursday assured that customer data shared with account aggregators (AA) is completely safe in India. Concerned over the slow movement of the AA scheme, she said, "It is not as much as I would want to see. It can be better, which means either the building of awareness exercises are not sufficient, adequate" or there is a need for simplification of technology. "Banks, both public and private, have reviewed it with me once. Banks have become a member or a part of this account aggregators working, and it has actually helped," she said at the 'DATE with Tech' event here. She stressed that the enthusiasm of the banks has to be accentuated, only then that it will reach every customer. Allaying concerns about data security, she said, "Initially, there were some apprehensions that possibly, account aggregators are going to sit over data bank. They cannot hold data. They are just a pass-through. Neither the beneficiary customer nor the bank can sit on
WhatsApp has upgraded security for safer chats with a new privacy checkup feature. The new security feature is available on both Android and iOS. Here's all you need to know about the latest update
State Bank of India (SBI) managing director Alok Kumar Choudhary on Wednesday said there is a need for micro finance institutions (MFIs) to pay attention to data privacy and cyber security as they deal with data of a large number of customers. Speaking at a conference organised by Sa-Dhan, he said, MFIs should also focus on capacity building to deal with the challenges of the future. "The second thing which is very important is the integration with the evolving regulation particularly when you have data privacy law. The enormous amount of data which has been handled by all the MFIs, this particular aspect (data privacy) requires attention and some kind of action plan needs to be in place," he said. Financial institutions need to focus on improving ease of transaction through digital means, he said, adding, the need of the customers in the changing time has to be addressed as per their convenience and ease. "For this segment of (bottom of the pyramid) customers, we need to understan
Instead of using an alphanumeric password or two-step verification via SMS, Passkeys allow users to authenticate signing in requests by using biometrics such as fingerprints and facial scans
Only 17% of Indian organisations have listed the email IDs of customer care or other functions for queries with respect to data protection
The stakeholders also said that implementation of eKYCs may create an immense cost burden for startups and smaller organisations, considering that the number of users is in millions
Fintechs, banks and non-bank financial companies (NBFCs) will have to redraw their contracts with their business partners with whom customer data gets shared
European regulators slapped TikTok with a USD 368 million fine on Friday for failing to protect children's privacy, the first time that the popular short video-sharing app has been punished for breaching Europe's strict data privacy rules. Ireland's Data Protection Commission, the lead privacy regulator for Big Tech companies whose European headquarters are largely in Dublin, said it was fining TikTok 345 million euros and reprimanding the platform for the violations dating to the second half of 2020. The investigation found that the sign-up process for teen users resulted in settings that made their accounts public by default, allowing anyone to view and comment on their videos. Those default settings also posed a risk to children under 13 who gained access to the platform even though they're not allowed. Also, a family pairing" feature designed for parents to manage settings wasn't strict enough, allowing adults to turn on direct messaging for users aged 16 and 17 without their ..
Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday said the Digital Personal Data Protection Act (DPDP Act) passed by Parliament recently will make digital companies handle the data of Indian citizens under absolute legal obligation. Calling the law an important milestone in the cyber law framework, Chandrasekhar said there will be punitive consequences of high penalty and even blocking them from operating in India. "The Digital Personal Data Protection Act that was passed by Parliament a few days ago is a very important milestone in the global standard cyber law framework that Prime Minister Narendra Modi wanted to build for the India Techade' (a decade of technology) for a trillion dollar digital economy," the union minister told PTI. The DPDP Bill is aimed at giving Indian citizens a right to have his or her data protected and casts obligations on all companies, all platforms be it foreign or Indian, small or big, to ensure that th
If a child uses 40 apps on the phone and each of these apps has a copy of the child's Aadhar card along with their parents, then it would be a big issue, an industry expert said
As the Digital Personal Data Protection Bill stands passed by Parliament on Wednesday, legal experts are divided on aspects of privacy awarded to Indian citizens and its wider implications for the IT industry. Rajya Sabha Member and lawyer Sirgapoor Niranjan Reddy said the Bill is in an easy language and illustrations provided by the government are very useful. He, however, pointed out that exemptions for startups "may have to be conditioned", as that can be misused, especially in the case of data mining startups. The government on August 3 tabled the Digital Personal Data Protection Bill (DPDP) 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens. Shardul Amarchand Mangaldas and Co-Partner Hemant Krishna feels the implementation of the DPDP will give control to citizens and businesses over collecting and processing data. "With the strides made by AI, personal data can be processed with unprecedented velocity and sophistication. Ironically, despite the volum