Same-day Automated Clearing House (ACH) payment processing became a reality. While this represents a terrific opportunity for banks to be responsive to their customer's requirements for faster ACH payments, plus the ability to attract new customers from banks who choose not to offer the same level of responsiveness,...
To improve security, The Insurance Regulatory and Development Authority of India is requiring insurance companies to stop using internet servers outside India and to store all critical customer data domestically. The authority also is requiring insurers to take stringent measures to safeguard indigenous servers.
While the push for security in regulated industries is compliance driven, it's essential for organizations to also develop security strategies based on business risks, says A. Shiju Rawther, head of infrastructure and security operations at a leading credit-rating bureau in India.
The UAE has amended its federal law against using fraudulent VPNs. Anyone using one will be fined and possibly imprisoned. Security leaders welcome the move, saying it is a positive step to help combat cybercrime.
As the PCI Council turns 10, this year, Indian banks say compliance with the PCI Data Security Standard remains a priority, in spite of the market's push for more cardless payments.
Shriram Life Insurance responds to the recent alleged hacking of its servers by an unknown group of attackers. The company strongly denies any breach of its servers and says it has robust security controls with strict policies in place to prevent breaches.
The need for PCI-DSS compliance is being embraced in Southeast Asia and the Middle East, with adoption of PCI standards increasing dramatically over the last five years, says Dharshan Shanthamurthy, CEO of SISA Information Security, who shares insights about why PCI adoption is likely to continue to grow.
The security landscape is undergoing churn in India, and Deloitte's Akshay Garkel warns that with the country's regulators making big moves, the next six months should keep practitioners on their toes.
The nature of sophisticated fraud is changing, argues NPCI's Bharat Panchal. He shares experiences from his sector to support this idea, and he shares insights on how this will affect the security practitioner roles.
Security leaders discuss advanced persistent threat challenges facing enterprises, providing insights on how to identify and stop targeted attacks. They suggest appropriate mitigation techniques for advanced threat protection.
As cybersecurity demand surges in India, there is a crippling shortage of skilled professionals that the industry has been facing. KPMG's Sundar Ramaswamy suggests increased impetus on automating security roles will alleviate the problem.
After years of debate, the EU's General Data Protection Regulation has finally passed. What impact - if any - will the GDPR have on business and future legislation in India? Security experts weigh in on this debate.
The $940 billion compensation awarded to Epic Systems in its case against Indian IT major TCS is unprecedented - shaking the industry out of its complacency to information security. Cyber law expert "Naavi" takes a close look at the implications for India.
SEBI urges commodity derivatives exchanges to put resilient cybersecurity defences in place to protect themselves from growing attacks. Security leaders say such mandates will compel senior management to increase focus on cybersecurity.
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