MeitY

PM Narendra Modi said that fintech can be used to combat financial crimes

He also added that fintech can improve the human condition via its direct contact with the marginalised

Modi was speaking at the Singapore Fintech Fest on November 14

MeitY has received many complaints related to fraudsters setting up fake government websites to dupe innocent people

The ministry has identified at least six common hi-tech modus operandi being employed by the fraudsters

India is one of the top three target countries for phishing-and malware-based attacks, says RSA

The Centre feels that unimportant data need not be stored in India

The Srikrishna Committee has suggested that critical data should be stored only in India and a copy of other data should be maintained

MeitY has so far received over 600 submissions on the draft Data Protection Bill

Sharad Sanghi, the CEO of managed hosting and cloud services provider Netmagic, invested in this round in a personal capacity

Sequretek plans to use the funds to set up offices in North America

The startup is also a week away from announcing its enterprise-grade endpoint security solution — EDPR

The notification will be issued under Section 79 of the Information Technology Act

The notification will allow government officials to decrypt messages to trace their origin

Social media platforms will be required to remove existing content within hours of them receiving a notice instead of the present 36 hours

• WhatsApp has over 200 Mn users in India
• WhatsApp also published a new video to educate its users on how to spot fake news and hoaxes
• WhatsApp claims that the changes will help keep the application the way it was designed to be - a private messaging application

The DoT letter has been issued in the wake of increased mob violence caused by fake news in recent times

Industry bodies believe it might curb the freedom of expression and the government’s Digital India Mission

As per a UNESCO report, India witnessed the highest number of Internet ban instances in 2017-2018

Unlike the GDPR, the draft Personal Data Protection Bill 2018 treats data as a ‘matter of trust’ not as ‘property’

Similar to the Chinese Cybersecurity Law, data fiduciaries processing Indians’ data will have to store a copy of it in a server in India

The draft Bill, though ambiguous and far from perfect, is open to ‘fine-tuning’ and is a step in the right direction

• MeitY has reportedly asked WhatsApp and its partner banks to supply more details about the payments system
• It has also asked the NCPI to confirm that WhatsApp is fully compliant with its requirements
• WhatsApp said it would test curbs on users’ ability to forward photos and videos

The Ministry Of Electronics And Information Technology Has Again Written To The NPCI Seeking Details Of WhatsApp Pay's Compliance With RBI Rules

MeitY Had Written To The NPCI Previously On The Matter, But Wasn’t Satisfied With The Response, So It Has Asked Specific Questions This Time

The Developments Comes As The Social Media Platform Has Rolled Out New Security Settings