Content by Suparna Goswami

GDPR: Understanding the Complexities

Suparna Goswami  •  April 30, 2018

What are some of the complexities of the EU's General Data Protection Regulation, which will be enforced beginning May 25? Gerald Beuchelt, CISO at LogMeIn, offers compliance insights in an in-depth interview.

4 Telcos Form Cybersecurity Alliance: What Will Impact Be?

Suparna Goswami  •  April 18, 2018

Security experts are weighing in on whether a new alliance of four competing telecom companies formed to offer a portfolio of cybersecurity services will prove successful.

RBI Mandates Domestic Storage of Payments Data

Suparna Goswami  •  April 12, 2018

The Reserve Bank of India is requiring that payment system operators store all their data domestically. Many security practitioners and payment companies in India have lauded the move, stating that the mandate could lead to quicker resolution of breach cases.

5 Steps for Implementing an Effective Cyber SOC

Suparna Goswami  •  April 3, 2018

Cyber SOCs, the next generation of security operations centers, need to use a new approach to detecting emerging attacks, says Aadesh Gawde of the IT risk consultancy ProVise Consulting, who offers implementation tips.

Securing Digital Payments

Suparna Goswami  •  March 20, 2018

Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets, including Europe, says Steve Marshall, founder at Risk-X, a U.K.-based audit and risk assessment consulting firm.

PCI Offers Lower Fees in Developing Markets

Suparna Goswami  •  March 15, 2018

The PCI Security Standards Council is offering 40 percent lower fees for participating organizations in nations with lower-income economies. "We want to encourage countries in Africa and South Asia to get engaged with us," Jeremy King, international director at PCI SSC, tells ISMG in an exclusive interview.

Mitigating the Insider Threat: Lessons From PNB Fraud Case

Suparna Goswami  •  February 21, 2018

Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.

More SWIFT-Related Fraud Revealed: How Banks Must Respond

Suparna Goswami  •  February 20, 2018

Following banks in India and Russia reporting losses due to fraudulent transactions via the SWIFT interbank messaging platform, security experts are advising banks to be more vigilant and to take certain security steps, including better securing of remittance transactions.

Indian Budget 2018: A Push for Blockchain and Cyber Tech

Suparna Goswami  •  February 1, 2018

In a budget speech, India's finance minister announced the launch of a "cyberspace mission" and an effort to promote the use of several new technologies, including blockchain, to bolster the nation's data security. Security experts offer mixed reviews of the announcements.

IoT: Moving to Security by Design

Suparna Goswami  •  January 30, 2018

With the explosive growth of the internet of things, and the increasing threat posed by botnets that leverage IoT, more must be done to ensure IoT devices include security by design, says David Holmes, principal threat researcher at F5 Networks, who offers a strategy.

Singapore Considers Limiting Use of NRIC Numbers

Suparna Goswami  •  November 14, 2017

With the aim of protecting data privacy, the government of Singapore is considering taking steps to greatly reduce the use of the National Registration Identity Card numbers for verifying consumers' identities.

RBI Fines Yes Bank $1 Million for Tardy Breach Reporting

Suparna Goswami  •  October 26, 2017

RBI has slapped a $1 million penalty on Yes Bank for failing to promptly notify the central bank of a 2016 data breach of its ATM Network. Many security practitioners are praising RBI for issuing the penalty, saying it calls attention to the importance of timely breach notification.

Xafecopy Malware Raises Concerns Over Mobile Security

Suparna Goswami  •  September 19, 2017

Mobile malware threats are surging in India. For example, about 40 percent of all the attacks involving Xafecopy malware were targeted at the nation. The increasing attacks on mobile phones have called attention to the need to boost awareness of mobile security and take critical mitigation steps.