India saw 457% rise in cybercrime in five years: Study

[ JAN 10, 2019] India has witnessed a 457% rise in cybercrime incidents under the Information Technology (IT) Act, 2000 from the year 2011 to 2016, a recent ASSOCHAM-NEC joint study said. Symantec Corp ranked India among top five countries to be affected by cyber crime, between 2012-17, the number of internet users grew at... Continue Reading →

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A gang of Chinese fraudsters stole $18.6 million (Rs 130 crore) from the Indian arm of Italian company Tecnimont SpA

[ JAN 10, 2019 ] A gang of Chinese fraudsters stole $18.6 million (Rs 130 crore) from the Indian arm of Italian company Tecnimont SpA by convincing local managers that the money was needed for an acquisition, in what could be one of the biggest cyber heists in the country.The hackers sent emails to the... Continue Reading →

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