Banks should ensure better compliance to prevent data theft

Last Updated: Monday, August 3, 2015, 22:26

With growing dependence on Information Technology, RBI Deputy Governor H R Khan has said there is need to ensure better compliance with regulations to prevent data theft and check financial fraud.

US lawmaker blames China for cyber attack against US government

Last Updated: Sunday, June 7, 2015, 23:19

"It was not done to steal credit card information," he added. "It qualifies as espionage, and it raises all sorts of issues that we need to deal with."

Skype says user data safe after cyber attack

Last Updated: Saturday, January 4, 2014, 09:48

Internet calling and messaging service Skype said that user data is safe after the Syrian Electronic Army momentarily took control of the company`s Twitter feed and Facebook page.

S'pore banks told to boost security after StanChart data theft

Last Updated: Friday, December 6, 2013, 15:38

Singapore's central bank has called on financial institutions to tighten up cyber security after a database on elite customers of Standard Chartered Bank was compromised.

2014 to experience more cyber crimes: Report

Last Updated: Wednesday, December 4, 2013, 15:29

Cyber crime reports have revealed that 2014 will experience more cyber attacks and corporations will have to conduct more boardroom scrutiny to manage their data supply chains.

India a popular destination for data theft: Report

Last Updated: Tuesday, July 16, 2013, 17:37

Data theft becomes critical when it is perpetrated by outsiders like hackers, malwares and phishers having access to technology programs capable of accessing and stealing digital information.

Chinese man gets 70 yrs jail in military data theft case

Last Updated: Tuesday, March 26, 2013, 09:07

A Chinese national, who is a former employee of a New Jersey-based defence contractor, was sentenced to 70 months of imprisonment on the charges of exporting sensitive US military technology to his native country.

South Korea police nab two in customer data theft

Last Updated: Monday, July 30, 2012, 14:54

The police stated that the two individuals allegedly stole personal details of about eight million mobile phone users and distributed the data to marketing companies.