Category Archives: Media

Cyber crimes in India likely to double to 3 lakh in 2015: Report

45755726.cmsNEW DELHI: Rising at an alarming rate, the number of cyber crimes in the country may double to 3 lakh in 2015 and could pose serious economic and national security challenges, an Assocham-Mahindra SSG study has warned.

The increasing use of smartphones and tablets for online banking and other financial transactions have increased risks.

India has emerged as a favourite among cybercriminals, mostly hackers and other malicious users who use the internet to commit crimes such as identity theft, spamming, phishing and other types of fraud.

As per the study’s findings, total number of cyber crimes registered during 2011, 2012, 2013 and 2014 stood at 13,301, 22,060, 71,780 and 1,49,254 respectively.

“What is causing even more concern is that the origin of these crimes is widely based abroad in countries like China, Pakistan, Bangladesh and Algeria, among others,” Assocham Secretary General DS Rawat said.

Phishing attacks of online banking accounts or cloning of ATM/debit cards are common occurrences. Maximum number of offenders belong to the 18-30 age group, added the report.

With increasing use of information technology (IT) enabled services such as e-governance, online business and electronic transactions, protection of personal and sensitive data have assumed paramount importance.

“The economic growth of any nation and its security whether internal or external and competitiveness depends on how well is its cyberspace secured and protected,” said Rawat.

The attacks have mostly originated from the cyber space of countries including the US, Europe, Brazil, Turkey, China, Pakistan, Bangladesh, Algeria and the UAE, the study revealed.

Smartphone users rarely check for security certificates while downloading apps (games, music and other software) from third party or unsecured sites, the study said, adding that mobile banking apps store data such as PIN and account number, on the phone.

There is a risk that if the phone is hacked or stolen, then the information is compromised, the study said.

It further stated that mobile frauds are an area of concern for companies as 35-40 per cent of financial transactions are done via mobile devices and this number is expected to grow to 55-60 per cent by 2015.

Rising Internet penetration and online banking have made India a favourite among cybercriminals, who target online financial transactions using malicious software (malware). India ranks third after Japan and US in the list of countries most affected by online banking malware during 2014, the study said.

Andhra Pradesh, Karnataka and Maharashtra have seen the highest number of cyber crimes registered under the new IT Act in India. Interestingly, these three states together contribute more than 70 per cent to India’s revenue from IT and IT related industries.

Hiring through social media is a fast emerging trend: RCom

Tech AnnouncementNEW DELHI: Reliance Communications, which is a dual technology telecom service provider, sees hiring through social media as a fast emerging trend in the market. India’s fourth largest telco also supports ‘pay for performance’, as it gradually gains more significance in today’s telecom industry. In an interaction with ETTelecom’s Danish Khan, Amit Das, president, Human Resources, at the company, talks about the HR challenges being faced by RCom along with new hiring trends. He also talks about the compensation trends in the Indian telecom industry.

Q) What is the biggest HR-related challenge faced by Reliance Communications? What are the constant challenges that keep coming up?

A) Retaining and rewarding critical talent will be one of the foremost challenges. In this era of globalization where every company has access to same technology and systems, it’s the human capital that creates the difference in shaping up the future of the organization. Retention of key talent – those who are the strongest performers, have high potential or are in critical roles – is of utmost importance, especially when organizations look forward to capturing aggressive market share. The biggest challenge, therefore, is to devise innovative practices which would disproportionately reward performers, retain them and help them grow with the organization.

Q) How has HR’s role evolved in the today’s dynamic and global economy? What are the other roles that HR plays?

A) HR’s role today is no longer limited to ‘facilitative role’ or ‘policy administration’ role but it has to play the role of a ‘business partner’ and share the responsibility for overall business results. HR needs to ‘make things happen’ and continuously innovate to stay relevant and offer best solutions in the area of attracting and retaining talent, leadership development, talent management, building a performance culture, rewarding high performers disproportionately, and above all driving the right culture and values. Business leaders today expect HR to play a role of an ‘enabler’ for the entire organization and ensure the entire team is focused on a common goal.

Q) What are key recruitment trends in the telecom industry?

A) Hiring through social media is fast emerging to be a recruitment trend across industries. Through social media hiring, one can get to know a lot about the candidate, his personality and other virtues by doing a simple scan of his social profile even before having an interaction. Organizations have been creating a talent pool to manage future growth plans during the tough economical periods of the last couple of years. Cautious hiring for key critical to business positions, retention of their best talent and hiring through social media to save costs are some key trends in the telecom industry.
While the telcos have been hiring very cautiously in the current scenario, they have been focusing on attracting highly innovative and productive talent for critical roles which will future proof the organization for technology, content, m-commerce, m-health, education, etc. The need of such young, bright, agile talent is felt the most during the time when there is economic uncertainty and consolidation in the industry.

Q) What are compensation trends like in the telecom industry?

A) Pay-for-performance is gradually gaining more significance in today’s telecom industry. Pay-for-performance is not only based on an individual’s performance and contribution, but largely depends on the organization’s business performance. With organizational performance as a bigger driver for performance pay, it gives a clear single agenda to all and also fosters collective behavior and bonding.

The second is design of Long Term Incentive Plans (LTIP). LTIP ensures ‘Ring Fencing’ the leadership team as well as key, critical talent over a longer time-frame through additional earning potential. Consequently, it facilitates and promotes a consistent leadership team and helps the organization to achieve long-term business goals.

Q) Which initiatives are you really proud of and believe that they differentiate Reliance Communications from the other telecom companies?

A) One of the key initiatives relate to talent identification, development and grooming to take on leadership roles. This forms an integral part of developing RCom’s ‘high performance culture.’ This is coupled with a reward philosophy which rewards high performers disproportionately.

Source: Tech Announcement

Turn Any YouTube Video Into A GIF By Just Adding “GIF” To The URL

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Want to turn something on YouTube into a GIF, but don’t want to futz with downloading third-party apps or digging around for an online converter?

Here’s a handy, easy to remember trick: just add “GIF” to the beginning of the URL. After “www.” and before “youtube.com”

Like so:

gif1

So, for example, you’d turn:

http://www.youtube.com/watch?v=dQw4w9WgXcQ

into:

http://www.gifyoutube.com/watch?v=dQw4w9WgXcQ

and hit enter. Tada!

To be clear, this isn’t an official YouTube tool (though I’d still argue that YouTube really, really ought to build one) — so don’t be surprised if it doesn’t work forever , particularly if YouTube’s legal team gets too bummed about the use of their trademark right in the domain. This is a side project by the team behind the super GIF-centric messaging app Glyphic.

One catch: in the current build, you can set the start time and GIF duration, but you can’t get super precise about it. If you want frame-by-frame control for that sweet, sweet perfectly timed loopage, you’ll probably want something like GIFGrabber or GIFBrewery

Source: Tech Announcement

 

LinkedIn Plans To Have A New Billion Dollar Business In Three Years

photo_1407998185_temp.jpg.pagespeed.ce.QlNSdNz1uXLinkedIn plans to break into the $50 billion business-to-business marketing space and turn its products into a $1 billion business by 2017, according to internal documents sent to Business Insider.

In July, LinkedIn revealed plans to acquire a business marketing company called Bizo for about $175 million, moving it a step closer towards its goal of becoming “the most effective online platform for marketers to engage with professionals.”

Last quarter, LinkedIn reeled in $106 million in revenue from its marketing products, which was up 44% year-over-year. Now, though, the company wants to expand beyond its current media and content marketing products to build a B2B marketing platform using its own, and Bizo’s, tools.

“Our long-term ambition is to build an integrated marketing and sales platform that provides a simple and effective way to reach audiences, nurture prospects, and acquire customers,” the document says.

Shannon Stubo Brayton, LinkedIn’s VP of corporate communications, declined to comment on the document.

Here’s how LinkedIn plans to build a $1 billion B2B marketing business by 2017:

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Source: Tech Announcement

Apple bans use of 2 chemicals in iPhone assembly

Tech AnnouncementSAN FRANCISCO: Apple is banning the use of two potentially hazardous chemicals in the final assembly of iPhones and iPads as part of the company’s latest commitment to protect factory workers who build its trendy devices.

The decision announced Wednesday comes five months after the activist groups China Labor Watch and Green America launched a petition drive calling on Apple Inc. to abandon the use of benzene and n-hexane in the production of iPhones.

Apple says a four-month investigation at 22 factories found no evidence that benzene and n-hexane was endangering the roughly 500,000 people who work at the plants.

The Cupertino, California company nevertheless decided the substances should no longer be allowed during the final assembly process.

Benzene can cause leukemia and n-hexane has been linked to nerve damage

Source: Tech Announcement