CYBER ATTACK GPS SPOOFING
RBI imposes penalties on five major banks for compliance failures
ICICI Bank was fined for non compliance on cyber security framework in banks, know your customer (KYC) regulations, and credit card and debit card - issuance and conduct.
Pakistan-backed hackers target Indian military websites, databases
Pakistan-backed hacker groups have intensified cyber attacks on Indian military websites, including those of schools and veteran services, with some sites defaced. These groups, such as 'Cyber Group HOAX1337' and 'National Cyber Crew,' have even mocked victims of the Pahalgam terror attack. Indian cyber agencies are working to counter these provocative attempts to breach security and test India's restraint.
BrahMos missiles, Rafales, Sukhoi & drones: What is India's defence muscle if it ever has to attack?
India is much more prepared to act against terrorist groups in Pakistan than in 2019, given the addition of assets such as Rafale fighter jets, the S-400 air defence system and a range of stand-off weapons like loitering munitions, said people with knowledge of the matter. For instance, the Rafales, equipped with the 300 km-plus range SCALP ground attack missiles, can strike targets with pinpoint accuracy deep inside Pakistan, while still flying over Indian territory.
India, Pakistan hackers trade codes & command in digital firefight
Rising tensions between India and Pakistan since last week’s Pahalgam terror attack have spilled over into cyberspace, with multiple groups on either side engaging in hacking and cyberattacks. Indian officials said they have thwarted multiple attacks from Pakistan over the last few days.
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Solving the “Made In” dilemma for drones
India's drone market is rapidly expanding, but reliance on Chinese components poses security risks. The government needs to enforce stricter import bans, incentivise local manufacturing, and foster innovation. A comprehensive strategy encompassing financial incentives, sustained demand, and adherence to global standards is crucial for India to become a drone technology leader.
CyberX9 flags loopholes in Darwinbox system; firm denies breach, cites client-side leaks
Cybersecurity firm CyberX9 found vulnerabilities in Darwinbox that could expose employee and applicant data. Darwinbox denied any breach on its platform, blaming credential theft on clients’ side and dark web leaks. The company confirmed fixing reported issues and said no unauthorised access occurred within its systems
India, Egypt decide to work on technology abetting terror & terror financing
India and Egypt have strongly condemned the recent terrorist attack in Pahalgam, reaffirming their commitment to combating terrorism in all forms. During the 4th Joint Working Group meeting in Cairo, both nations agreed to strengthen cooperation against emerging challenges like terrorist financing through cryptocurrency and the misuse of cyberspace.
MetLife first-quarter profit rises on strong investment gains; launches $3 billion buyback
MetLife reported a nearly 5% rise in first-quarter profit, fueled by higher premiums and investment income, further announcing a $3 billion share buyback. Increased risk from cyber attacks and global events has sustained insurance spending, leading to higher premium prices. The insurer will also reinsure $10 billion in U.S. retail variable annuity reserves.
India’s AI job boom; Hackers fuel Indo-Pak fire
Happy Thursday! Hiring in artificial intelligence (AI) roles is set to grow this fiscal, bucking tech industry trends. This and more in today’s ETtech Morning Dispatch.
Pahalgam attack fallout: Border on the edge as wary Pak ups offensive
People aware of developments said flights and air activity in Pakistan has declined drastically since Tuesday as that country braces for military action by India in retaliation for the terrorist attack on tourists in Pahalgam that killed 26. At an emergency press conference, Pakistani information minister Attaullah Tarar claimed that India is planning a military offensive within the next 36 hours, without offering any proof.
Intense counter-terror operations underway in various parts of J&K
Following the Pahalgam terror attack that killed 26 people, intense counter-terrorism operations are underway across Jammu and Kashmir. Security forces have carried out raids at 13 locations in Doda and searched 63 residences in Srinagar linked to Over Ground Workers and terror associates.
Sebi bans broker Patel Wealth, 4 of its directors for 'spoofing'
The regulator alleged that the stock broker and its four directors engaged in 'spoofing'-a deceptive market manipulation strategy involving the placement of large, non-genuine orders to mislead market participants and distort price discovery.
What could be the reason for total blackout in Spain, Portugal and France and how long will it take to restore power?
Massive Power Blackout Spain Portugal France has left millions without electricity, disrupting cities like Madrid, Lisbon, and parts of southern France. The blackout shut down airports, trains, metros, and even mobile networks. Authorities are investigating, with a possible cyber attack or fire damage to a French high-voltage line suspected. Power restoration could take between six to ten hours, officials say. Emergency services are urging people to stay home and keep emergency lines clear. Here's a full breakdown of what caused the chaos, the recovery efforts underway, and how life across Spain and Portugal has come to a sudden stop.
What caused the huge power cut in Spain and Portugal today? Was a cyber attack behind the widespread blackout across the Iberian Peninsula?
Huge power cut in Spain and Portugal has left millions without electricity, but officials confirm there's no sign of a cyber attack behind it. Instead, a rare atmospheric phenomenon, caused by sudden temperature changes, disrupted the power grid across the Iberian Peninsula. Cities like Madrid, Lisbon, and Benidorm faced major outages, forcing people to adapt quickly. Spanish and Portuguese operators are now working hard to restore services. With emergency warnings in place and partial power returning, life is slowly getting back to normal. Find out what really caused the blackout and how both countries are managing the situation today.
Sebi slams spoofing scam in 173 stocks, orders Rs 3.22 crore seizure from Patel Wealth Advisors, directors
Sebi order spoofing: Sebi ordered the impounding of Rs 3.22 crore from Patel Wealth Advisors and its directors for order spoofing across 173 scrips, also barring them from securities markets.
Eugene Kaspersky sounds alarm on AI-driven cybercrime outpacing traditional defences; urges rethink
Kaspersky, founder of the global cybersecurity firm that bears his name, said cybercriminals are not only leveraging AI to automate attacks but are also outpacing defenders through unprecedented collaboration and agility.
Urgent need to upskill workers on cybersecurity tools in retail, BFSI sectors: Nuvepro study
A recent survey by Nuvepro reveals that 96% of employees recognise information gathering as crucial for identifying vulnerabilities. The survey highlights the importance of cybersecurity tool training and AI implementation, with 90% emphasising AI's necessity.
Pakistan got UNSC to drop mention of LeT offshoot TRF
Pakistan allegedly influenced the UN Security Council to omit The Resistance Front (TRF) from a statement condemning the Pahalgam attack, despite the group initially claiming responsibility. Islamabad, supported by China, argued for a lack of evidence and proposed an independent probe.
Cybersecurity firm Kaspersky bets big on India as key growth market
Kaspersky is strengthening its presence in India, tripling its workforce and expanding research capabilities to support the country’s growing cybersecurity needs. With a focus on collaboration, innovation, and local talent development, the firm sees India as a key hub for digital security and aims to help build long-term cyber resilience.
Ever connected your device to public Wi-Fi? Here's why the government is worried about it
To safeguard your online privacy, always use a VPN and verify network credentials. Be cautious of fake VPN software distributed through look-alike websites containing malicious download links. Protect yourself by downloading apps from official sources, avoiding suspicious links, and keeping your antivirus and software updated to prevent malware infections.
TRF denies Pahalgam role 4 days after claim
The Resistance Front (TRF), initially claiming responsibility for the Pahalgam attack that killed 26, has now retracted its statement, alleging a cyber intrusion by Indian intelligence. TRF accuses India of orchestrating the attack and past incidents like the Chattisinghpora massacre and the Pulwama bombing.
'False, hasty & part of an orchestrated campaign': LeT terror proxy TRF backtracks; denies responsibility for Pahalgam attack
The Resistance Front (TRF), believed to be a proxy for Lashkar-e-Taiba, has retracted its claim of responsibility for the Pahalgam terror attack that killed 26 civilians. TRF now alleges a "coordinated cyber intrusion" by Indian cyber-intelligence operatives, claiming their initial statement was planted. The outfit is conducting an internal investigation into the purported breach of their communications network.
Pune businessman loses Rs 6.49 cr in Man-in-the-Middle cyber attack. Here's what it is
A Pune businessman fell victim to a sophisticated 'Man-in-the-Middle' cyberattack, losing ?6.49 crore. Cybercriminals intercepted communication, altered email details, and rerouted a payment intended for a U.S.-based dry fruit exporter. Police are investigating the fraud, tracing the money flow, and urging businesses to verify transaction details meticulously.
For safer digital banking, banks to move to domain “Bank.in” by October 31, 2025, says RBI
The Reserve Bank of India (RBI) has mandated banks to migrate their net banking websites to the exclusive '.bank.in' domain by October 31, 2025. This initiative, announced on February 7, 2025, aims to combat online fraud, enhance cybersecurity, and boost public confidence in digital banking. The Institute for Development and Research in Banking Technology (IDRBT) will manage the registration process.
Is my Gmail account hacked? Google ‘warns’ 3 billion users of security risk; check how to recover phished account
A sophisticated Gmail phishing attack has undermined current security measures using legitimate-appearing emails that supposedly come from Google. Users are being asked to move to passkeys and device authentication. Google has introduced fresh security updates and reminds the public that they have seven days to restore hacked accounts—regardless of whether recovery information has been altered.
Russian hackers 'targeted Dutch public facility'
Russian hackers targeted a public facility in the Netherlands last year. This was the first such attack on Dutch infrastructure. The Netherlands is an interesting target for Moscow due to its support for Ukraine. Russia is mapping North Sea infrastructure and conducting underwater activities. These activities indicate espionage and potential sabotage.
IAF responds to reports of GPS spoofing in Myanmar, says crew took 'all due precautions'
The Indian Air Force (IAF) addressed reports of GPS spoofing encountered by its aircraft during earthquake relief operations in Myanmar. The IAF stated that degraded GPS availability was anticipated and published by Mandalay International Airport. Crews were prepared to handle such conditions, ensuring mission success and flight safety.
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