Latest coverage for India

Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.

TCS to Build and Deploy Custom AI Models Using Mistral ForgeTata Consultancy Services struck a strategic partnership with Mistral AI, making it the first global systems integrator to deliver Mistral Forge to enterprise clients, the Indian and French companies announced this week. The deal hands TCS access to Paris-based Mistral's frontier models.

Nodal Agency Urges Fix Within 12 Hours for Internet-Facing FlawsHackers move quickly, especially with artificial intelligence there to help them. Cyber defenders should move equally as fast, said the Indian Computer Emergency Response Team in guidance advising that organizations mitigate serious new flaws within 12 hours.

State: Medicare Enrollee Data Sent to Unlicensed Firms in India, PhilippinesState insurance regulators have suspended a Florida third-party health administrator firm for unlawfully offshoring sensitive claims and other data of more than 23,000 Florida Medicare Advantage enrollees to several unlicensed companies in India and the Philippines.

Futurex's Ruchin Kumar on CBDC Adoption and HSM Security for TransactionsCBDCs are expanding, with 90% of central banks exploring them. India's e-rupee pilot shows strong adoption, backed by RBI standards and HSM-secure transactions. Ruchin Kumar, VP for South Asia at Futurex, underscores awareness, interoperability and encryption as keys to CBDC success and PQC readiness.

Indian Police Arrests Ex-Coinbase Staffer Over Data Breach ChargesThis week, a $7 million Trust Wallet extension hack, arrest of an ex-Coinbase support agent, the U.S. sued alleged perpetrators of a $14M scam, Polymarket hack update, early release scheduled for former Alameda CEO, backlash on Flow's post-exploit rollback plan and Grubhub-linked holiday Bitcoin scam.

Also: Prompt Injection Complicates Digital Forensics, Why AI Seems So DeceptiveIn this week's ISMG Editors' Panel, four editors unpacked India's new data protection rules, the digital forensic implications of prompt injection attacks and the reasons why artificial intelligence tools so often seem to display deceptive behavior.

OTsec India Steering Committee Discuss Cyberthreats, Compliance and InnovationFeaturing some of the most prominent voices in Indian operational technology cybersecurity, the steering committee for the inaugural OTsec India Summit shares insights on a range of topics including OT threats, regulatory imperatives and the latest innovations.

Also: F5 Revenue Dips, Swedish Utility Operator BreachedThis week, critical infrastructure breaches in Canada, a Swedish grid operator breached, an Australian guilty of selling cyber exploits, Gmail wasn't breached, F5 projected a revenue dip, PhantomRaven targeted developers, a Pakistan-linked actor targeted India and Dentsu confirmed a data breach.

Also: LastPass Warns of Phishing Campaign, Trump's New CTFC Head PickEvery week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, Meteora CEO faced fraud allegations, LastPass warned of a phishing campaign, Trump taps crypto lawyer to lead CFTC, Mt. Gox delayed creditor repayments again and an Indian court blocked WazirX from using customer funds to cover hack losses.

Also: Trader Loses $21M on Hyperliquid, Fund for Tornado Cash Dev DefenseThis week, "Bitcoin Jesus" paid $50M to settle tax charges, a trader lost $21M on Hyperliquid, Ethereum Foundation and Keyring launched fund for Tornado Cash developers, India probing Binance traders, hackers' $32.5M record dump and New York City launched first mayoral blockchain office.

Operations Likely to Be Disrupted for WeeksBritish carmaker Jaguar Land Rover on Wednesday said hackers stole "some data" in the cyberattack detected earlier this month. The Tata Motors-owned luxury carmaker shut down assembly lines in the United Kingdom, Slovakia, Brazil and India after a Sept. 1 cyberattack.

Also: PowerShell-Based Cryptojacking Attack, a Malvertising CampaignThis week, El Salvador split its bitcoin reserve, an Indian court jailed cops for crypto kidnapping, a PowerShell-based cryptojacking attack, a malvertising campaign targeted Android users, a Venus Protocol hack, malware hid in npm packages using smart contracts for evasion and Bunni DEX exploit.

Pakistan-Linked Threat Actor Targets Indian Linux Operation SystemPakistan-linked hackers are targeting an Indian Linux-based operating system by tricking government employees into clicking malicious files that look like PDFs. When opened, the files install spyware, giving attackers long-term access to sensitive government systems.

Country's Largest Lender Bank Offers to Reinstate 45 'Redundant' WorkersCommonwealth Bank of Australia reversed plans to eliminate 45 call center positions after its chatbots failed to reduce customer service volume as promised, forcing the bank to offer overtime to remaining staff while facing union challenges over what may have been disguised outsourcing to India.

'Bless Their Heart,' Says Threat Intel Executive of Pro-Iranian GroupSecurity experts have dismissed pro-Iranian hacktivist group LulzSec Black's claim to have breached Indian nuclear secrets in reprisal for the country's support of Israel. Pro-Iran hacktivist groups' SCADA-targeting, DDoS launching, data leaking and nuisance-level activities have surged.

Also: India's New Privacy Law; Monitoring Operational Technology EnvironmentsIn this week's update, four ISMG editors discussed frontier artificial intelligence models' propensity to engage in unethical behavior, getting ready for India's new data protection law and how to improve hardening and security monitoring for operational technology environments.

Old Visuals, AI Deepfakes and Fake Claims Go Viral Amid Escalating ConflictMisinformation is going viral in India as the New Delhi government called Friday on the financial sector to strengthen cyber defenses amid growing military activity along the Pakistani border. Tensions between the two countries ratcheted significantly upward Friday.

Also: Iberian Blackout, Delta Faces Lawsuit Linked to CrowdStrike OutageEvery week, ISMG rounds up cybersecurity incidents and breaches around the world. This week: Mirai Botnet Exploits Flaws in GeoVision, the Iberian blackout under investigation, dueling cybersecurity advisories from India and Pakistan, Delta must face a lawsuit linked to CrowdStrike outage.

Bureau Endorses Enhanced Information Sharing With Global Allies to Curb CybercrimeThe FBI strongly supported recent efforts to expand information sharing with international partners and launch new efforts to curb global cybercrime, including working with Indian authorities to combat cyber-enabled financial crimes and transnational call center fraud.