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How To Be CyberSecure

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While the world is evolving to be a better place, it is far from perfect. In recent times there have been 3 major cyber security breaches in multiple countries affecting thousands of organizations and individuals. The latest cyber security threat locks up computers and brings production to a standstill. As a result, the companies don’t just lose out on a lot of work hours but also have to spend a lots of money in either paying the ransom or trying to get rid of the threat themselves.

After the three major breaches in the cyber security world, one thing definitely stands out. Every company big or small can be infiltrated and therefore needs to make sure their computers and systems are up to the mark. Here’s how you can make your company cybersecure. 

1. Update your Firewal
It seems to be the most obvious answer to such an important question but it is the first step in securing your systems and computers. A good firewall is the front line of your army. If the front line is weak, the entire army won’t be able to face the opposition. Thereby it is paramount to have an updated firewall that covers all forms of attacks, from the regular worms to ransomware attacks.

2. Cyber fire drills
Just like fire drills for extreme situations in real life, make sure employees know the procedure to be followed while facing a cyber crisis. Conducting seminars to educate all employees and not just the IT team about the increasing risks of cyber security and how to recognize files that might be carrying malicious content will help curb the spread of the malware, if not stop it. A lot of these threats depend on people opening random files which are malicious and spread to connected devices. Companies can also conduct dry runs by sending random files without malware to random employees to check if the tips are helping or if additional help is required.

3. Storage
Store only the extremely important information and purge other irrelevant data. It is important to clear systems with records and data that are no longer relevant to the company and will not be of any use later. Storing a vast amount of customer Ids or customer information will lead to a bigger breach and a bigger ransom payment.

4. Understand and heed the evolving risks
Maintain an IT team that is up to date with the evolving risks and can be depended upon when facing a cyber issue. A team of dedicated employees who are capable of tackling all forms of threats includes people having a deep and complete knowledge about such issues. A lot of these threats have evolved over time and will keep on evolving over time, the IT team will have to keep up with with the evolution.

5. Cybersecure Company Culture
It is always better to be proactive than reactive. Ingrain cyber security in the company policy to let even new employees know what needs to be done in a case of a hijack. It is a proactive way to stay ahead of malicious content and make employees the gatekeepers of your company information. Develop a security protocol and make it a part and parcel of your orientation program.

Two step authentication, strong passwords, security questions, safe practices and regular verification will add another layer of protection for all of your company information.

If you or your company uses any other form of protection against cyber attacks let us know in the comments below. You can also write to us at [email protected]

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OneStack Secures $2 Million to Digitize Cooperative Banking in India

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OneStack, a Gurugram-based fintech startup, has raised $2 million in a pre-Series A funding round led by GrowX, Stride Ventures, 9Unicorns, and Venture Catalyst. The funding aims to accelerate the digitization of cooperative banks and credit societies across India, with the company setting an ambitious target of modernizing over 1,000 institutions by the end of 2025.

Driving Digital Transformation

Founded in 2019 by Amit Kapoor and Vishal Gupta, OneStack offers innovative solutions such as OneCBS (Core Banking Solution), a cloud-based platform designed to streamline operations, enhance customer experiences, and enable data-driven decision-making for cooperative banks. Additionally, it is introducing SoundBox, a merchant ecosystem solution that facilitates seamless digital payment services.

Currently serving over 200 cooperative banks, OneStack plans to expand its reach into South and East India while establishing nationwide offices and growing its team. This funding will also support the deployment of advanced technologies like UPI Switch and Bharat BillPay systems to empower banks with branded digital payment services.

Impact on Financial Inclusion

OneStack’s efforts align with India’s Digital Bharat initiative, aiming to bridge the technology gap for underserved financial institutions. By digitizing cooperative banks, which serve nearly 50% of India’s bankable population, the startup is driving financial inclusion for millions. “This funding propels our growth journey at an accelerated pace,” said Amit Kapoor, Founder and CEO. “We are empowering cooperative banks to compete in this digital epoch.”

With this milestone funding, OneStack is poised to transform India’s cooperative banking landscape while fostering innovation and financial accessibility nationwide.

 

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Artificial Intelligence

Social Media Platforms Push for AI Labeling to Counter Deepfake Risks

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Social media platforms are intensifying efforts to combat the misuse of deepfake technology by advocating for mandatory AI labeling and clearer definitions of synthetic content. Deepfakes, created using advanced artificial intelligence, pose significant threats by enabling the spread of misinformation, particularly in areas like elections, politics, and personal privacy.

Meta’s New Approach

Meta has announced expanded policies to label AI-generated content across Facebook and Instagram. Starting May 2025, “Made with AI” labels will be applied to synthetic media, with additional warnings for high-risk content that could deceive the public. Meta also requires political advertisers to disclose the use of AI in ads related to elections or social issues, aiming to address concerns ahead of key elections in India, the U.S., and Europe.

Industry-Wide Efforts

Other platforms like TikTok and Google have introduced similar rules, requiring deepfake content to be labeled clearly. TikTok has banned deepfakes involving private figures and minors, while the EU has urged platforms to label AI-generated media under its Digital Services Act guidelines.

Challenges Ahead

Despite these measures, detecting all AI-generated content remains difficult due to technological limitations. Experts warn that labeling alone may not fully prevent misinformation campaigns, especially as generative AI tools become more accessible.

Election Implications

With major elections scheduled in 2025, experts fear deepfakes could exacerbate misinformation campaigns, influencing voter perceptions. Social media platforms are under pressure to refine their policies and technologies to ensure transparency while safeguarding free speech.

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Artificial Intelligence

Transforming India’s AI Landscape: OpenAI and Meta’s Collaborative Talks with Reliance Industries

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Transforming India's AI Landscape: OpenAI and Meta's Collaborative Talks with Reliance Industries

OpenAI and Meta Platforms are reportedly in discussions with India’s Reliance Industries to explore potential partnerships aimed at enhancing their artificial intelligence (AI) offerings in the country. This development underscores India’s growing significance in the global AI landscape.

Key Aspects of the Discussions

  • Partnership with Reliance Jio: One of the main focuses is a potential collaboration between Reliance Jio and OpenAI to facilitate the distribution of ChatGPT in India. This could enable wider access to advanced AI tools for businesses and consumers, leveraging Reliance’s extensive telecommunications network.
  • Subscription Price Reduction: OpenAI is considering reducing the subscription cost for ChatGPT from $20 to a more affordable price, potentially just a few dollars. While it is unclear if this has been discussed with Reliance, such a move could significantly broaden access to AI services for various user demographics, including enterprises and students.
  • Infrastructure Development: Reliance has expressed interest in hosting OpenAI’s models locally, ensuring that customer data remains within India. This aligns with data sovereignty regulations and addresses growing concerns about data privacy. A planned three-gigawatt data center in Jamnagar, Gujarat, is expected to serve as a major hub for these AI operations.

Market Implications

These potential partnerships reflect a broader trend among international tech firms aiming to democratize access to AI technologies in India. If successful, they could reshape India’s AI ecosystem and accelerate adoption across various sectors. As negotiations continue, stakeholders are closely monitoring how these alliances may impact India’s technological landscape and its position as a leader in AI innovation.

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