1 PERSONAL DATA PROTECTION
Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hits
For large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather than the immediate cost of the breach. Besides business interruption, ransomware, data theft, cyber extortion and third-party liabilities are among the key risks.
Anthropic strikes $3.4bn deal to generate gas-fired power for data centres: Report
The AI startup bought commitments for 1.7 gigawatts of heavy-duty generators for $3.4 billion in late September from OnePWR Solutions, a San Antonio, Texas-based equipment supplier, the report said.
Activists breach Microsoft data centre construction site as protests spread in Europe
Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.
Pro Kannada outfit meets Bengaluru airport firms, presses for higher local hiring
Kannada Rakshana Vedike held discussions to address local hiring concerns with companies at Kempegowda International Airport. KRV president T.A. Narayana Gowda emphasised the need for fair employment opportunities for Kannadigas. Several organisations participated in the meeting and expressed commitment to increase local hiring. Chief Minister DK Shivakumar encouraged private employers to utilise Karnataka's talent pool more effectively. The organisation plans further outreach to enhance employment for locals in various sectors.
Wall Street fear gauge soars and retail traders bolt as markets in tailspin
Retail investors experienced significant losses as they sold over $1 billion in stocks due to rising fears. The Cboe Volatility Index spiked sharply, indicating increased market anxiety among traders and investors. Major stock indexes declined, driven down by fears that a Democratic sweep could hinder AI spending. Options market activity reflected heightened demand for hedges, as retail investor sentiment shifted.
Karnataka to probe electoral fraud, Form 7 misuse: Shivakumar
Karnataka Chief Minister D.K. Shivakumar announced a police investigation into alleged electoral fraud by the BJP. He accused the party of manipulating voter rolls and distributing pre-filled Form 7 applications. Shivakumar highlighted the removal of many voters, especially from marginalized communities, during recent electoral processes. He emphasized the importance of protecting voting rights and restoring names to electoral rolls.
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Warren Buffett’s retirement income strategy: How a 90/10 rule could help a 65-year-old turn $600,000 into monthly income
For a 65-year-old with a traditional IRA of $600,000, adopting Warren Buffett’s 90/10 investment strategy is a practical choice. This approach allows for a balanced monthly withdrawal that integrates Social Security and IRA funds. By allocating 90% to S&P 500 index funds and 10% to Treasury bills, one can ensure withdrawal stability.
Tata Motors PV says CERT-In-flagged app vulnerabilities addressed through updates
The vulnerabilities identified in the iRA 2.0 and iRA.ev applications have been addressed through software updates and enhanced security measures, a Tata Motors Passenger Vehicles spokesperson told.
A Connecticut family donated nearly 100 acres of woodland in honour of two ancestors; the land became part of a 1,122-acre nature preserve
In a heartfelt tribute to their ancestors, the Pierson family from Connecticut has gifted nearly 100 acres of lush forest land, which is now incorporated into the Burnham Brook Preserve. Open to the public year-round, this preserve underscores the family's longstanding commitment to conservation, dating back to 2008. Studies highlight the health benefits of connecting with nature, and visitors are invited to explore, respecting the area's preservation guidelines.
INDIA bloc intensifies protests against ECI-SIR, holds protests at Bengaluru
The INDIA bloc parties held a protest in Bengaluru against the Election Commission's Special Intensive Revision of electoral rolls. Chief Minister DK Shivakumar and other leaders demanded the resignation of Chief Election Commissioner Gyanesh Kumar. They alleged a lack of transparency in the electoral rolls revision process and expressed the need for justice for voters. District and block-level protests are planned to expand their campaign across Karnataka.
Delhi HC protects personality rights of actor Kriti Sanon
Kriti Sanon has gained interim relief from the Delhi High Court, which has ruled against the infringement of her personality rights. The court has ordered third parties to stop disseminating morphed or explicit content and impersonating her online. Additionally, online vendors must remove any merchandise that features her image or attributes. This legal action comes after her lawsuit, highlighting potential irreparable harm.
US airlines may face fresh scrutiny as Democrats plan probes into pricing and passenger rights
Following a significant midterm election victory, Democrats intend to scrutinize airlines regarding personalized pricing practices and passenger protection rules. The Federal Trade Commission has requested information from major airlines about the influence of personal data on pricing. Congress plans to revive protections that were previously withdrawn, including compensation for travel disruptions. Legislators are also exploring requirements for transparency in ticket pricing and additional passenger rights.
Have third-party insurance for your car or bike but no passenger cover? Here's how to add it without cancelling your policy
Exciting changes are coming to motor insurance in India! Starting December 15, 2026, policyholders can enhance their coverage with legal liability for occupants and pillion riders, in a newly structured four-layer insurance model. Learn about the options available to protect passengers and what new transparency measures will ensure better understanding for consumers.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
Wockhardt seeks 14-year data shield for India-made drugs
Mumbai-based Wockhardt has struck success in its innovative research on a range of antibiotic drugs, bridging a global pipeline gap for difficult-to-treat infections. In May this year, the company secured approvals from Indian and US drug regulators for a breakthrough drug, Zaynich (cefepime + zidebactam), to treat complicated urinary tract infection, including acute pyelonephritis or severe kidney infections. Wockhardt has showcased six drugs to treat antimicrobial resistance (AMR).
2026 US midterms pre-election voting surpasses 2022 total as Election Day begins
In the 2026 US midterm elections, pre-election ballot casting has exceeded 58.5 million. This surpasses the total recorded in the 2022 elections, indicating significant voter engagement. The data includes information from 47 states and the District of Columbia. Voters have various ways to cast their ballots including in-person and mail-in options. The rules for these voting methods vary by state, affecting how voters can participate.
Adani Group to seek $1.5 billion for data center financing
Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their energy business. Meanwhile, Reliance conglomerate is also investing significantly in artificial intelligence infrastructure.
Govt mulls giving Cert-In enforceable powers to mandate patching
Last month, two critical flaws in the PHP programming language, discovered with the help of AI, created worldwide panic as hackers targeted the vulnerabilities millions of times, and led to governments including the US, UK, France, Germany and Japan taking down public websites. PHP powers 69.3% of websites worldwide.
Zee 5 launches ZAP with Saptharushi to deliver privacy-first audience intelligence
Zee 5 has introduced the Zee 5 Audience Platform, called ZAP, to enhance advertising through targeted audience insights. The platform uses viewing behavior and consented signals from various sectors to optimize campaigns. It allows brands to create precise audience cohorts based on specific business objectives and viewing patterns.
Consent managers search for viable revenue model as registration nears
Consent managers are intended to help individuals manage, review and withdraw consent for the processing of their personal data, and they're required to be registered with the Data Protection Board of India (DPBI). A consent manager is data-blind, and processes metadata, consent artifacts, and cryptographic routing instructions.
MeitY unveils DEPA handbook to enable trusted data sharing for AI training
The Ministry of Electronics and Information Technology has launched a handbook on Data Empowerment and Protection Architecture. This handbook is designed to enhance collaboration on data for AI training while ensuring data control. IT Secretary S Krishnan emphasized the importance of responsible and secure data usage in India's AI ambitions. The handbook enables accountability and transparency by tracing data provenance throughout the training process.
Cathay Pacific reports personal data security incident involving Amadeus IT
Cathay Pacific Airways has reported a data security incident linked to a third-party service provider. The incident reportedly affected around 53,000 bookings associated with the airline, due to unauthorized access to Amadeus' systems. Personal information such as booking references, passenger names, and flight details were accessed during the breach. However, investigations continue, and there is no evidence of access to financial or payment information.
Reddit posts search traffic declines, will push visitor sign-ins to curb data scraping
Reddit CEO Steve Huffman outlined a plan on Thursday to make signing-in mandatory for most content as the company grapples with data scraping and declining search referral traffic in recent months.
FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay
"We intend to scrutinize the opaque methodology that some companies in these industries may be using to determine how much consumers pay or how much gig workers are paid for the same product or service," FTC Chairman Andrew Ferguson said in a statement.
Meesho Q2 loss narrows; Info Edge names Sanjeev Bikhchandani CEO
Happy Thursday! Meesho’s losses shrunk as revenue grew in the second quarter of FY27. This and more in today’s ETtech Morning Dispatch.
PHP scare sparks calls for urgent corp DPDP audits to plug all gaps
The incidents underline the need to identify gaps in companies’ security practices and clarify what constitutes reasonable safeguards before the law takes effect, they said. The DPDP Act is being implemented in phases, with a May 2027 deadline for full compliance obligations.
Government open to media suggestions on Digital Personal Data Protection Act, promises to uphold press freedom
The Government of India is willing to consider suggestions from news organisations about the Digital Personal Data Protection Act. Ashwini Vaishnaw stated that journalistic freedom is guaranteed by the Constitution and will not be affected. Concerns have been raised about the Act's provisions potentially infringing on press freedom and the Right to Information Act. The Digital News Publishers Association argues for exemptions for journalism activities within the DPDP Act.
Centre open to changes in DPDP law to protect press freedom, says Ashwini Vaishnaw
The Centre aims to amend the Digital Personal Data Protection law to address concerns raised by news publishers. Union Minister Ashwini Vaishnaw stated that the law does not limit press freedom. This response follows a Supreme Court notice regarding a petition from the Digital News Publishers Association and others. Publishers argue the lack of exemption for journalism could jeopardize investigative reporting and confidential sources.
Clock’s ticking for data protection, but the boardroom remains empty
Under the Digital Personal Data Protection (DPDP) Rules, 2025, the framework for registering consent managers with the DPBI is scheduled to start on November 13. But a government response to a Right to Information (RTI) application shows that the board spent not a single rupee on salaries, office expenses, rent or information and communication technology equipment as of September 30 this year.
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