Jaivardhan Singh

Good to see regulators taking stringent action against non-compliance. For two consecutive years, the bank was assessed to be deficient in its IT risk and information security governance, the RBI said. During subsequent assessments, it was non-compliant with corrective action plans issued by the RBI in 2022 and 2023. #compliance #riskmanagement #kotak #auditing

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Cybersecurity #breaches surge due to #skills shortage in India A whopping 92% of Indian organizations reported breaches last year, largely blaming the cybersecurity skills gap. Fortinet's 2024 Global #Cybersecurity Skills Gap Report reveals a startling link between cybersecurity breaches and skills shortages in India. A whopping 92% of Indian organizations reported breaches last year, largely blaming the cybersecurity skills gap. Additionally, 80% acknowledge that this gap escalates their cyber risks. John Maddison , Chief Marketing Officer at #Fortinet, stresses the need for a comprehensive strategy to tackle this issue. "Organizations must adopt the right security technology, upgrade skills through training, and build a cyber-aware workforce," he explained. Fortinet aims to train one million people in cybersecurity by 2026 and is on track, having already educated nearly half a million.

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Another small write up on the evolving Cyber Threats and Growing Security Opportunities in BFSI sector. From the recent learnings and evolving threats, the entire globe is getting triggered by various cyber crimes/ data breaches and facing high challenges in protecting their Data. Based on the increasing uncertainties, It's always important to understand the current threat landscape, analyse and adapt to the growing technologies by enabling the right set of security controls to be resilient in nature. Have shared some of my views here in this article. Thank you INDUSTRY 4.0 and the entire team for publishing this article Today! #Evolvingthreats #growingsecurityopportunities #emergingtrends #needforsecurity #beingresilient #securitymatters #continouslearning

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Key Highlights Massive Financial Loss: Over Rs 7,061 crore of Indian public money siphoned off in the first four months of this year High Volume of Complaints: More than six lakh complaints related to these cybercrimes have been received by the Indian Cybercrime Coordination Centre (I4C). Diverse Scams: Major scams include investment and stock market scams, digital arrests, fake gaming apps, and romance scams. Enforcement Actions: I4C and state law enforcement agencies froze debits from 3.25 lakh mule accounts, blocked over 3,000 URLs, and 595 apps under Section 69A of the IT Act. Telecom Measures: 5.3 lakh SIM cards and 80,848 IMEI numbers have been suspended since July 2023 to combat cybercrime. Money Transfer Methods: Cybercriminals use various means to transfer money, including cryptocurrency, cash withdrawals, physical gold, and international fund transfers. Sophisticated Operations: Cybercriminals employ deceptive strategies, using social media to lure victims with fake jobs and launder money through complex financial channels. #cybercrime #databreach #cyberattack CYTAD Innvikta Cybersecurity Solutions Pvt. Ltd. Rivedix https://lnkd.in/grpxdXit

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“CISO fighting a battle alone is most likely to fail.. cyber governance is key to restructure risk management and making board and other stakeholders accountable. Make security top down.” - Rajesh Thapar at ETCISO annual conclave 2024 panel with Shivkumar Pandey #ETCISOAC24 #ETCISO #CyberRiskGovernance #RiskManagement

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Apple warns iPhone users of pegasus spyware amid cyberattacks and advises them to exercise caution. Read the full article on Rajasthan Patrika. Click here:- https://lnkd.in/ecX62fsJ #rajasthanpatrika #patrikanews #patrika #cybersecurity #cyberattack #iphone #pegasus #spyware #cybersafety #cyberthreat #technology #hackers

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27 lakh complaints related to cyber fraud were registered in India last year. Unrecorded cases are much higher! Quick Heal’s AntiFraud can keep you safe. PreBook Today - https://lnkd.in/dgnbjDnM #AntiFraud #FightWithCyberFraud #ProtectYourDigitalLife

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#Reporting #cyber fraud to the police is vital, as seen with Mumbai Police's recovery of Rs 100 crore and their resolution of 35,918 complaints. The #helpline #1930 has been instrumental, demonstrating that "prompt reporting empowers authorities to take swift action and protect victims." Read complete article below: https://lnkd.in/gNgYgeiU

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Hackers trap victims with click trick. People are falling victim to a phishing attack on Instagram, where they receive texts with spurious links leading to hacking. Bengaluru police warn about the scam. Cyber security experts advise caution with unexpected messages and emails to prevent hacking. Read more at: https://lnkd.in/ezVBZDqP #Hackers #ClickTrick #CyberSecurity #PhishingAlert #StaySafeOnline #CyberCops #DigitalSecurity #TechNews #InformationTechnology #CyberLaw #CyberCrimes

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Keynote address by Narendra Nath Gangavarapu, Joint Secretary, National Security Council Secretariat, Government of India at the 2nd Edition of the ObserveNow Digital Bharat Cybersecurity Summit & Awards 2024. #ObserveNowCybersecurity #ObservenowMedia #Cybersecurity #DigitalBharat #GenAI #policymakers #industryleaders #DataProtection #ObserveNowGovernance #AI #ArtificialIntelligence #Security #Summit #NewDelhi

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Vulnerabilities in web applications have resulted in victim organisations incurring significant remediation expenses. S Kumar Subramania discusses the top 5 vulnerabilities discovered by K7’s VAPT team across numerous assessments of web applications, with mitigation measures. https://lnkd.in/dex_TkEj #vapt #vaptteam #webapplication #k7 #cybersecurity #brokenauthentication #paymenttampering #sqlinjection #crosssitescripting #xxs

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Exemplary service by Hyderabad Cyber Crime Cops and prompt reporting by the victim within the golden hour of cyber crime incident occurance helped preventing the fraudulent financial transaction. Hopefully the fraudsters will be traced soon. #cyberincident #ekycfrauds #incidentresponse #securityawareness

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On July 19th, 2024, An American cybersecurity company CrowdStrike faced a big global outage where a faulty update to its security software that caused widespread problems with windows devices across the globe. CrowdStrike team worked on this outage and were able to recover to some extent in the due course of time. However, BSOD (Blue Screen of Death) became one of the largest outage in History! Based on this recent incident, I have penned down some learnings on how we can take this as a reminder to everyone, irrespective of the size of the company on how important Cyber Resilience, Some best practices to reduce security incidents and how effectively we can improve the current cybersecurity posture! Thanks to CIO News Team for all your support! #businessresilience #cybersecurity #dataprotection #incidentresponse #outage #BSOD #Cyberesilience #Continouslearning

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Securing Success: Drawing Parallels Between India’s T20 Cricket World Cup Wins and Cybersecurity In the realm of cybersecurity, the quest for victory shares striking similarities with the strategies and triumphs seen in competitive sports like cricket. Just as a cricket team meticulously plans, adapts, and celebrates its path to glory, cybersecurity professionals navigate a complex landscape of threats and defenses to safeguard digital assets and organizational integrity. The recent T20 Cricket World Cup win by India against South Africa serves as a compelling analogy to dissect essential cybersecurity principles. From strategic preparation and adaptive tactics on the field to the celebration of collective achievements off it, every aspect mirrors critical facets of cybersecurity practices. In this analysis, I delve into how India's strategic planning, adaptability in the face of challenges, and team celebrations resonate with cybersecurity strategies. By drawing parallels between cricket's dynamic gameplay and cybersecurity's ever-evolving threat landscape, we uncover valuable insights into resilience, collaboration, and the proactive measures required to defend against cyber threats. Through this exploration, I aim to highlight not only the tactical maneuvers that secure victories in both fields but also the overarching principles of teamwork, innovation, and continuous improvement that define success in the digital age. Join me as I examine how cybersecurity professionals can emulate the winning strategies of sports champions to fortify their defenses and achieve lasting security in an interconnected world. Just remember the ‘Golden Hour’ in Cybersecurity vs the Last over of the match which Hardik Bowled while Surya Kumar Yadav’s amazing catch decided the fait of India winning or losing the Cup. Share and repost if you like #Cybersecurity #TeamIndia

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As per latest Global Cyber Capability Index (GCCI) , India stands 10th position globally in terms of adherance towards Cybersecurity Commitments. Recently, SEBI #SEBI has launched a revised Cybersecurity framework to Boost Regulated Market Entities Security associated with it, by mandating Market SOC (M-SOC) set up in order to do continous security monitoring these entities and assess their cybersecurity maturity and resilience regularly. This Market driven framework is a part of revised Cybersecurity and Cyber Resilience Framework (CSCRF) and is getting implemented in two phases Jan'25 & April"25 as per new Security Regulations Guidelines from SEBI, India. Some key benefits apart from Risk Governance, Regular Assessment 24x7 monitoring - 1. Data Classification and localisation plays key role here, Regulated data is mandate to be localised while its logs injestion to M SOC goes through well defined offshore gaurdrails. 2. Auto Software Bill of Materials (SBOM) generation to mitigate Security Market Entities supply chain risks. 3. Well defined Guidelines around API security and Mobile app security Its a well defined strategic move by SEBI to safegaurd investors money, improving volatile market stability by maintaining robust Cybersecurity Resilience from Cyber attacks /threats / Risks. Bosch Software and Digital Solutions #bosch #NSE # BSE #cybersecurity #securitymarkets #sebi #SOC

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Recently, the Reserve Bank of India (RBI) emphasized to banks on the critical need for robust business continuity plans (BCP) as digital dependencies on big tech and third-party providers grow. This call for enhanced IT and cybersecurity frameworks highlights the necessity of digital resilience in protecting our financial ecosystem. At VuNet, we recognize that business-centric observability is crucial for maintaining operational resilience, delivering real-time insights, and strengthening security frameworks in financial institutions. As digital transactions continue to soar in an increasingly complex digital landscape, this approach is essential for proactively managing disruptions and securing seamless operations. https://lnkd.in/g2Whv_Q6 #Observability #BusinessContinuity Reserve Bank Innovation Hub (RBIH) #AIOps #RBI #Banking 

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