Technology

India has 350 mn online transacting users, will double by 2030
Business, National, Technology

India has 350 mn online transacting users, will double by 2030

Bengaluru, Dec 14: India currently has around 350 million online transacting users across e-commerce, shopping, travel and hospitality, and OTT and the number is set to double by 2030, a new report showed on Wednesday. There are about 40-45 million mature users who spend a considerable share of their wallet online (more than 50 per cent). "We expect online transactors to become 2X by 2030, with mature users being the faster-growing cohort," said Mukesh Kumar, Engagement Manager, Redseer Strategy Consultants. "We also estimate that these mature users would account for $400 billion online spending by 2030," he mentioned. At 780 million, India is home to the second-largest Internet user base in the world, which is more than 2 times of the US populatio...
Apple optimizes crash detection in iOS 16 update
International, Technology

Apple optimizes crash detection in iOS 16 update

Apple an American Tech Giant, recently launched the iOS 16.1.2 update for iPhones, and the organization is looking out key capabilities in its patch notes. These new updates are "improved compatibility with wireless carriers" and "Crash Detection optimizations on iPhone 14 and iPhone 14 Pro models," as per The Verge an American technology news website. The Verge has stated that in keeping with a report from The Wall Street Journal the Crash Detection Feature is designed to activate emergency SOS and alert emergency offerings if it thinks a consumer has been in a car crash however the function has additionally triggered for humans appropriately using rollercoasters. Based at the vague iOS 16.1.2 patch notes, it is uncertain if the update addresses these sorts of mistaken alerts. There...
Meta purges 32 mn pieces of bad content on FB, Insta in India in Oct
National, Technology

Meta purges 32 mn pieces of bad content on FB, Insta in India in Oct

New Delhi, Dec 1: Meta took down over 29.2 million pieces of bad content across 13 policies for Facebook and over 2.7 million pieces of such content across 12 policies for Instagram in India in October, the company said on Thursday. Between October 1-31, Meta received 703 reports through its Indian grievance mechanism, and the company said it provided tools for users to resolve their issues in 516 cases. "Of the other 187 reports where specialised review was needed, we reviewed content as per our policies, and we took action on 120 reports in total," the social network said in its monthly compliance report under the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. The remaining 67 reports were reviewed but may not have been actioned, sa...
1.9 mn attacks on Indian healthcare network from Pak, China this year: Report
National, Technology

1.9 mn attacks on Indian healthcare network from Pak, China this year: Report

New Delhi, Dec 1: As AIIMS struggles to get its servers back to life after a massive ransomware attack, nearly 1.9 million cyber attacks have been recorded on the Indian healthcare network this year, especially from countries like Pakistan, China and Vietnam, a report revealed on Thursday. The healthcare-based threat intelligence sensors network, deployed by the CyberPeace Foundation and Autobot Infosec Private Ltd, along with the academic partners under CyberPeace Center of Excellence (CCoE), saw a surge in cyber attacks with 18,46,712 hits between January to November 28 from a total number of 41,181 unique IP addresses atom nations like Pakistan, China and Vietnam. The vulnerable Internet-facing systems having Remote Desktop Protocol (RDP), vulnerable SMB and Database servi...
SBI advice the customers to take caution against immediate loan apps
National, Technology

SBI advice the customers to take caution against immediate loan apps

The country's oldest bank, State Bank of India (SBI) has informed the customers against instant loan apps and even suggested measures in order to safeguard against these activities. SBI tweeted "Please refrain from clicking on suspicious links or giving your information to a company posing as a Bank or Financial Company. Report cybercrimes at cybercrime.gov.in" Several complaints have been registered with the government as well as the Reserve Bank of India (RBI), against the instant loan apps, especially those originating from China. Their escalation has led to increased cases of cybercrime and also extortion of unlucky borrowers. It is always better to check the authenticity of an app before downloading, SBI suggested. Customers should not click on untrusted links and must ...
US seizes call spoofing site “iSpoof”
International, Technology

US seizes call spoofing site “iSpoof”

San Francisco, Nov 26:The US authorities have seized call spoofing website iSpoof that stole $120 million from the victims. iSpoof, which said it has been taken over by the FBI and the US Secret Service, provided "spoofing" services that allowed paying customers to conceal their phone numbers by using trusted organisations, like banks or tax offices, in order to conduct social engineering attacks, reports Tech Crunch. "The services of the website allowed those who sign up and pay for the service to anonymously make spoofed calls, send recorded messages, and intercept one-time passwords," European Union Agency for Law Enforcement Cooperation, Europol, was quoted as saying in the report.