News
Compliance News & Updates
RBI Imposes ₹10.34 Crore Penalties on Citibank, Bank of Baroda, and Indian Overseas Bank for Regulatory Breaches
Excerpt from HindustanTimes Article, Published on Nov 24, 2023 The Reserve Bank of India (RBI) wielded its punitive measures, levying penalties totaling ₹10.34 crore on major banks—Citibank, Bank of Baroda, and Indian Overseas Bank—for non-compliance with regulatory...
FSDA Raids Retailers, Ensures Compliance with Halal Certification Regulations
Excerpt from Hindustan Times Article, Published on Nov 21, 2023 In a targeted enforcement drive, Uttar Pradesh's Food Safety and Drug Administration (FSDA) rigorously inspected several major retailers in Lucknow to ensure compliance with Halal certification...
Data Privacy & Security
Report Unveils Samsung Data Breach, Exposing Customers’ Personal Information
Excerpt from TheHindu Article, Published on Nov 16, 2023 A recent report reveals a Samsung Data Breach impacting UK online store, exposing the personal details of customers who made purchases between July 2019 and June 2020. The breach, detected on November 13, 2023,...
State of Maine Grapples with Monumental Data Breach Impacting 1.3 Million Residents
Excerpt from Entrepreneur Article, Published on Nov 13, 2023 In a staggering turn of events, the state of Maine finds itself reeling from a massive data breach, potentially impacting a staggering 1.3 million residents. Officials have confirmed that a breach within the...
STATE-SPONSORED CYBERATTACKS ON INDIA INCREASED BY 278%
According to a recent assessment, between September 2021 and September 2023, state-sponsored cyberattacks against India increased by a startling 278%. These attacks have severely impacted the service industry, particularly IT and BPO companies. During this time,...
Major U.S. Mortgage Servicer, Mr. Cooper, Confirms Data Exposure in Cyberattack
Excerpt from Bleeping Computer Article, Published on Nov 10, 2023 In a recent disclosure, Mr. Cooper, the largest home loan servicer in the U.S., revealed evidence of a cyberattack on October 31, leading to the exposure of customer data. While the investigation is...
Ransomware Attack Forces Halting of Emergency Operations at Tri-City Healthcare in San Diego
Excerpt from Nbc Sandiego Article, Published on Nov 09, 2023 Tri-City Healthcare, based in North County, San Diego, has temporarily ceased emergency operations following a ransomware attack that impacted its ability to admit patients, according to sources. The medical...
Ransomware Attack Exposes Data from Ontario Hospitals; No Ransom Paid
Excerpt from CBC Article, Published on Nov 06, 2023 In a concerning development, a recent ransomware attack on five southwestern Ontario hospitals has exposed sensitive patient information and employee data. This breach, which occurred on October 23, has raised alarm...
