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CYBER AUDITORS
PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providersThe Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo ...- Govt makes cybersecurity audits mandatory for crypto exchangesThe government has mandated cyber security audits for all cryptocurrency exchanges. This is due to the rise in cyber heists. These audits a...
- New audit rules for digi-first companies soon: ICAI presidentThe Institute of Chartered Accountants of India will introduce new audit standards. These standards will focus on startups, fintech, and e-...
- Paytm Payments Services gets 'in-principle' nod from RBI to operate as online payment aggregatorPaytm Payments Services received in-principle approval from the RBI to operate as an Online Payment Aggregator, subject to compliance with ...
- New security code kicks in for defence companies in IndiaThe Indian government has introduced updated security protocols for defence companies operating within the nation, emphasizing enhanced cyb...
- Sebi fines Indian Clearing Corporation Rs 5 cr. BSE arm in violation of cyber, network audit normsSebi imposed a ₹5 crore penalty on Indian Clearing Corporation (ICCL) for non-compliance with cyber and network audit norms. ICCL failed to...
- CFOs, auditors must follow regulations in letter and spirit says RBIRBI emphasizes the importance of CFOs guarding against fraudulent transactions and misuse of internal accounts. Auditors advised to enhance...
- Need for global collaboration to deal with cybercrime: CAG at SCO-SAIGovernments also need to balance the requirement to protect sensitive information with the need to collaborate with private sector partners...
- Fearing frauds, auditors hire forensic investigatorsDuring the Covid pandemic and on and off lockdowns, auditors are finding it increasingly difficult to verify bank statements, third-party s...
- Indo-China border clash leads to heightened fears around cyber security"There will be increased state surveillance and monitoring. One can expect digital and cyber security breaches which typically happen after...
- RBI wants audit firm partners under lens to stay off banksThe RBI has placed significant responsibility on statutory auditors of banks over the last one year.
- 1,020 bank accounts used for phishing attacks: KJ AlphonsAlphons said all organisations providing digital payment services have been mandated to report cyber security incidents to CERT-In expediti...
- Government finalising cyber security standards for mobile phonesThe IT ministry has sought data security protocol details from around 30 smartphone makers, many of them Chinese. Most of the handset maker...
- Number of cyber financial frauds jumps to 16,468 in 2015-16As per the data made available by RBI, 9,500, 13,083 and 16,468 cases related to Cyber Frauds were reported by the banks during 2013-14.
- Cyber Tribunal lying defunct for 5 yrs, defeats purpose: CAGThis also resulted in "unfruitful expenditure of Rs 27.64 crore on salary and other establishment expenditure for the period from April 201...
- Ravi Shankar Prasad for cyber audit of firms in IT businessRavi Shankar Prasad said that government is soon going to frame policy for development of software products.
- 'Darkhotel' fear stalks hospitality industry: 5-star hotels rope in cyber auditors to curb data theftThis case would have been pushed under the carpet had it not been for a malware attack infecting hotels run by Hyatt International globally.
- Cyber attacks being launched from China, other nations: Ravi Shankar PrasadCyber attacks are being launched from China and some other nations to penetrate computer networks of government organisations in India, Par...
- Delhi Police gets rap on its knuckles from CAGIt said the scrutiny of records revealed that the proposed Cyber Highway was not utilised as of August 2012 as most of the applications wer...
- Catch-22 situation in Information TechnologyIn an age of IT, you lose if you do not get onto the IT bandwagon. But you also lose as IT is vulnerable to online cyber frauds. Cyber-Spac...
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