Recent data leaks, including the SBI incident that affected millions of customers, have once again stirred up a debate on the role of auditors in cybersecurity. But a bigger issue is the need to invest in appropriate security technologies and implement stronger policies and awareness programs.
The Unique Identity Authority of India, which administers the Aadhaar program, is again facing harsh criticism about its security measures, this time from State Bank of India. But rather than pointing fingers, all government organizations need to collaborate to enhance security.
The recent exposure of customer data on the website of Singapore Airlines as a result of a software bug is further evidence of the persistent challenge of adequately addressing security during the development stage.
On Wednesday, just days after a new "cybersecurity" law took effect, Vietnam alleged that Facebook has violated the law by allowing users to post anti-government comments on the platform. The so-called cybersecurity law actually speaks little about IT security measures.
As India's Parliament prepares to finalize a privacy and data protection law in the weeks ahead, there's still no consensus among security practitioners about what approach the legislation should take. But the government should ensure all companies comply with clearly defined standards - or face punishment.
Blockchain, ID and access management, OT security and boards' roles in cybersecurity were among the hottest topics topics discussed at Information Security Media Group's Security Summit in Mumbai on Nov. 29.
ISMG's Security Summit in Mumbai on Nov. 29 will offer insights from CISOs and other experts on hot topics, including setting the boardroom security agenda, using cyber threat intelligence, preventing fraud through the use of blockchain, securing digital payments and preparing for a breach notification law.
The social media giant Facebook is taking steps to be more transparent about its content policies and its efforts to curb fake news in advance of India's upcoming elections. But it's still got a lot of work to do.
The Reserve Bank of India's new guidelines on interoperability of prepaid payment instruments will lead to better management of cybersecurity and security audits. But many questions are yet to be answered.
India's Ministry of Electronics and IT has asked Facebook for an update on the number of Indian users impacted by its recent data breach, which affected 50 million users worldwide. But it's not yet clear what steps the government can take to make sure the social media platform is secure.
India is seeing a surge in government website defacements and data leaks that apparently are tied to nation-states. But if key stakeholders from all sectors collaborate, using appropriate skills and technologies, they can fight off these threats.
The recent case in which Singapore's OCBC bank suffered a few hours of outage because of an apparent lack of proper monitoring could lead to bigger security issues unless the management and security team of the bank take appropriate steps.