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Oracle Opens Its First Digital Hub in Bengaluru

Oracle has opened its first 'Digital Hub' in Bengaluru to provide Cloud solutions and resources to small and midsize businesses. To provide small and midsize businesses (SMBs) access to the Cloud solutions and resources, Cloud major Oracle on Friday opened its first 'Digital Hub' in Bengaluru. The facility is first of the five 'Digital Hubs,' to be opened in Asia Pacific which will help SMBs leverage Oracle Cloud solutions to streamline operations, boost innovation and gain a platform for growth. "The Cloud is democratising IT and you just need a web-browser or a mobile phone app to take advantage of it," said Francois Lancon, senior Vice-President, Oracle Japan and Asia Pacific, in a statement. "We are simplifying the buying process to help the smaller organisations as well as branch offices and line of business departments, digitally transform their business," Lancon added. The hub will house Oracle's new digital sales team and fo...

WannaCry Ransomware

The internet world was recently taken by storm by a malicious software that locked people out of their computers. Already declared as a critical threat to cyber-security, India’s Cyber Security organisation – CERT has organised a special   webcast   on the ransomware, informing Indian users about its threat and how to protect themselves from it. What is WannaCry Ransomware? The ransomware, known as   WannaCry   or   WanaCrypt0r 2.0 , locked up the files on computers across 2 dozen countries and asked the users for a ransom in exchange of access to their own files. The large-scale attack hit NHS hospitals across London, delivery giant FedEx, Spanish Telecom firm Telefonica, Japan’s Nissan Motor Co, German Deutsche Bahn rail network and more such firms. The global cyber-attack made use of a glitch in Microsoft Windows which the attackers claim to have gained from a secret NSA server, the United State’s National Security Agency. How does it affect systems...

Data Held for Ransom in 70 Countries; Massive Cyber Attack Hits Russia Hard

London:  A huge extortion cyberattack hit dozens of nations Friday, holding computer data for ransom at hospitals, telecommunications firms and other companies. The attack appeared to exploit a vulnerability purportedly identified for use by the US National Security Agency and later leaked to the internet. The attack hit Britain's health service, forcing affected hospitals to close wards and emergency rooms. Related attacks were reported in Spain, Portugal and Russia. Two security firms — Kaspersky Lab and Avast — said they had identified the malware behind the attack in upward of 70 countries, although both said the attack has hit Russia hardest. The Russian Interior Ministry has confirmed it was hit by the "ransomware" attack, which encrypts data on infected computers and demands payment, usually via digital currency bitcoin, to release it. Britain's health service was also hit hard Friday as the attack froze computers at hospitals across the country, ...
The board of Snapdeal is expected to meet tomorrow to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart. Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in Snapdeal, to agree to the sale deal. The seven-member board of Jasper Infotech, which operates Snapdeal, includes representation from investors SoftBank, Kalaari Capital and Nexus Venture Partners (NVP), as well as co-founders Kunal Bahl and Rohit Bansal. The valuation of Snapdeal is believed to be one of the hurdles to the deal, as Kalaari and NVP were not in agreement with the valuation given by SoftBank, which is the largest shareholder in Snapdeal. SoftBank has now succeeded in getting Kalaari (another early-stage investor in Snapdeal) to agree but is yet to get NVP on board for the deal. The sources said once NVP agrees, the deal with Flipkart could be announced in a matter of weeks. The deal with Flipkart, if it happens, would...

McAfee has released India findings from a recent global study

McAfee has released India findings from a recent global study that aims to better comprehend how families’ attitudes and habits are evolving as their homes and lifestyles become increasingly connected. According to New Family Dynamics in a Connected World, on average, adults spend an equal amount of time at home online as they do in interacting with others face-to-face. Spending this amount of time online could be getting in the way of family relationships. In fact, approximately 35 percent of parents surveyed claimed that their child has called them out for being on their device during family time. Other key findings include: • 93 percent of Indian Parents admit to talking to their children about the dangers of Cyber-Criminals and Identity Theft. • 84 percent of parents allow their child to bring an internet connected device to bed. • 54 percent of Indian parents claim they have discovered that their child visited an inappropriate website, highest when compare...

WhatsApp cannot transfer its data to Facebook in Germany In a setback to the social networking giant, a German court has upheld its decision asking it to obtain the permission of WhatsApp users in the country before processing their personal data to Facebook.

BERLIN: In a setback to the social networking giant, a German court has upheld its decision asking it to obtain the permission of WhatsApp users in the country before processing their personal data to Facebook. The court also overturned Germany’s privacy regulator’s order that the companies delete data they had already transferred, a report in technology website InfoWorld said on Wednesday. Last August, Facebook-owned WhatsApp changed its privacy policy to allow the transfer of its users’ personal information to Facebook for processing — a move that has also created a furore in India. The move angered the Hamburg Commissioner for Data Protection and Freedom of Information, which in September ordered the companies to stop the transfer until they had obtained users’ consent and to delete any data they had already transferred, the report said. Facebook challenged the order in Hamburg’s administrative court and the court handed down its ruling. The court upheld the C...