• Internet
    Snapdeal HR Chief Saurabh Nigam Resigns

    Beleaguered online retailer Snapdeal continues to lose members from top leadership, the latest to join the list being its Human Resources Head Saurabh Nigam. Nigam’s exit comes amid talks of a potential sale of the e-commerce firm to larger rival Flipkart. A Snapdeal spokesperson confirmed the development. “After spearheading Snapdeal’s Human Capital function for more […]

  • Internet
    Rocket Internet Prepares for Profit From Startups by Year-End

    Rocket Internet said three of its leading startups were on track to make a profit by the end of the year as the German e-commerce investor reported lower quarterly losses. Founded in Berlin in 2007, Rocket has built up and invested in dozens of businesses from fashion e-commerce to food delivery, including brands such as […]

  • Internet
    RBI to Limit Customer Liability in Wake of Increased Digital Fraud

    In view of rising complaints of fraudulent transactions in digital banking, the RBI on Tuesday said it will soon issue guidelines to limit the customer liability in unauthorised digital transactions and asked the banks to tighten their IT security systems. “RBI had come out with a draft circular on ‘Customer Protection – Limiting Liability of […]

  • Internet
    China Says Controversial Cyber Law Not Designed to Cripple Foreign Firms

    China’s top cyber authority said on Wednesday it is not targeting foreign firms with a controversial national cyber law set to come into effect on Thursday. More than 50 overseas companies and business groups have lobbied against the law, which includes stringent data storage and surveillance requirements. “The purpose is to safeguard [China’s] national cyberspace […]

  • Internet
    Gmail Gets Machine Learning Integration for Phishing Attack Protection

    It is no secret that phishing attacks are on the rise and after working towards making its Gmail client safer across platforms for quite some time, Google has now taken another significant step in the same direction. Google has announced that the company has now integrated machine learning for early detection of phishing attacks through […]

  • Internet
    Aadhaar Biometric Data Has Till Date Not Faced a Cyber-Attack, Says UIDAI

    The core biometric data of Aadhaar card holders has “till date” not faced any cyber-attack, UIDAI has said in response to an RTI query. The Unique Identification Authority of India, however, refused to share the latest cyber-security assessment of Aadhaar data, citing national security. “The information cannot be shared under section 8(1)(a) of RTI Act […]

  • Internet
    Silk Road Founder Ross Ulbricht Loses Appeal of Life Sentence

    Ross Ulbricht, the notorious founder of the “dark web” exchange Silk Road where drugs and other contraband were openly sold, lost his appeal Wednesday against his life prison sentence. A federal appeals court in New York confirmed Ulbricht’s 2015 conviction and sentence, rejecting his claim of an unfair trial and that being dealt the maximum […]

  • Internet
    British Airways Board to Demand Independent Inquiry Into IT Outage: Report

    The board of British Airways is set to demand an independent inquiry into a power outage which left 75,000 passengers stranded last weekend, the BBC reported on Thursday, citing sources. BA suffered a public relations disaster over the holiday weekend when it had to cancel hundreds of flights from London’s Heathrow and Gatwick airports. It […]