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Union Finance Minister Nirmala Sitharaman announced the nationwide implementation of a biometric authentication system to address the issue of fake invoicing.

SecuritySkillsWorld / 3 months
0
2 min read

Aadhaar-based authentication aims to combat fraudulent claims of input tax credit (ITC), according to the Finance Minister. This initiative is expected to significantly reduce the instances of fake invoicing and fraudulent ITC claims. The Directorate General of GST Intelligence (DGGI) has managed to recover over 12 percent of the dues, compared to the 2-3 percent […]

Software company plans to pay tens of millions in ransom to hackers who crippled car dealerships across North America

SecuritySkillsWorld / 3 months

4 min read

BY CRAIG TRUDELL AND BLOOMBERG A demand in the tens of millions of dollars comes after hackers sought $50 million from a lab services company at the center of an ongoing ransomware attack that’s caused outages in London hospitals. A group that claims to have hacked CDK Global, the software provider to thousands of car dealerships […]

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Union Finance Minister Nirmala Sitharaman announced the nationwide implementation of a biometric authentication system to address the issue of fake invoicing.

Software company plans to pay tens of millions in ransom to hackers who crippled car dealerships across North America

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