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Data breach incidences in India were the second highest globally in 2018, according to a report by digital security firm Gemalto. [ 1 ] [ 2 ] With over 690 million internet subscribers [ 3 ] and growing, India has increasingly seen a rise in data breaches both in the private and public sector.
Adani Group scandal: In January 2023, Hindenburg Research revealed that it had short positions in India's Adani Group, alleged to be a close ally of Narendra Modi's administration, [97] and flagged debt and accounting concerns. Concurrently, Hindenburg released a report claiming that Indian conglomerate Adani Group "has engaged in a brazen ...
The biggest Indian bank, the State Bank of India, announced the blocking and replacement of almost 600,000 debit cards. [ 4 ] An audit performed by SISA Information Security reports that the breach was due to malware injected into the payment gateway network of Hitachi Payment Systems.
The Indian government said it was rescuing its citizens who were lured into employment in Cambodia and were being forced to participate in cyber fraud schemes. The Indian embassy in Cambodia is ...
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India’s financial crime fighting agency has frozen US$1.2 million in account balances of various “Chinese-controlled entities” as part of an investigation related to alleged crypto fraud ...
In India, the Pegasus Project investigations alleged that the Pegasus spyware was used on ministers, opposition leaders, political strategist and tacticians, journalists, activists, minority leaders, Supreme Court judges, religious leaders, administrators like Election Commissioners and heads of Central Bureau of Investigation (CBI).
This closed a case of bank fraud in which Chatwal had been embroiled for over a decade. Along with four others, Chatwal was charged with being part of a "criminal conspiracy" to defraud the Bank of India's New York branch of ₹ 28.32 crore (US$3.4 million). Four charges were filed by the CBI, with Chatwal named a defendant in two.