Cyber Criminals, Financial Institutions & Digital Money

Last weekend, on Valentines’ Day, The New York Times reported on revelations made by a prominent Russian Security firm about an organized cybercrime ring, dubbed the “Carbanak cybergang,” who they claim conducted a sophisticated long-term cyber-heist involving over 100 banks and financial institutions in over 30 countries, with a haul estimated to be anywhere in the range…

Secrecy and information theft

Government offices the world over are notoriously porous. Even those which boast of a high standard of physical security sometimes do not have a matching ability to protect their information systems. WikiLeaks is a striking example of how even one of the most technologically advanced nations like the United States can be found wanting in…

Japan carrier NTT DoCoMo says probing reported SIM hack

Japan’s biggest mobile phone service provider NTT DoCoMo Inc said it is investigating whether its customers were affected by a reported hack of a key mobile phone component supplied by Gemalto NV. News website The Intercept reported on Friday that the U.S. National Security Agency and Britain’s Government Communications Headquarters hacked into Gemalto’s systems to…

Sustainable development to guide policies of the environment ministry

Environment minister is emphasising on sustainable development to drive its green initiatives to ensure growth without causing any harm to the environment. “The ministry will work as a facilitator in pursuing the goal of sustainable development by bring in transparency, removing bottlenecks and encouraging people’s participation,” said Prakash Javadekar, minister for environment, forest & climate change, while…