Facial recognition technology has emerged as an important identification tool. Big tech, social media companies and governments around the world use it and hold an unprecedented power over individuals and communities. Its use for surveillance purposes has brought it under public scrutiny. The technology has still not been perfected. Is it really ready for adoption?
Researcher, Cybersecurity Studies Programme and Manager, Management Office, Gateway House
Sagnik Chakraborty is a Researcher in Cybersecurity and Manager of the Management Office at Gateway House. His work focuses on technology and national security. A software programmer by profession, with more than nine years’ experience in the IT industry, he was with Tata Consultancy Services prior to joining Gateway House. He has held various roles in his IT career, starting from software developer to consultant to an operations and product manager. He is a graduate in physics from Fergusson College, Pune. His areas of research interest are cyber security, digital black markets, digital payment systems, messaging platforms, business analytics and disruptive technologies.
Cyber security, business analytics, digital black markets, digital payment systems, messaging platforms
Last modified: August 20, 2020
The world is experiencing two simultaneous transformations: a decoupling from China and the building of an alternate supply chain, and the creation of new, cutting-edge industrial process called digital manufacturing. It is part of the larger wave of Industry 4.0, an integration of industrial processes with the Internet of Things. India already has some of the key elements in place, and some successes to build on.
Recent investments by Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and Intel Capital could well be the infusion of capital and expertise Jio needs to compete with Alibaba and Amazon. The infographic compares the number of services offered by these companies across different technology domains
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COVID-19 and remote working have resulted in a surge in demand for digital intermediaries, such as Zoom. Most of these are U.S.-based, with some having servers in China, which has aggravated privacy concerns. IT companies have responded quickly by fortifying themselves internally through a range of measures, but it is now time for India’s highly accomplished tech industry to devise secure, scalable platforms with India-based servers
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India’s has transited innovatively from a cash-based economy to one primarily reliant on digital payment systems. This has brought financial inclusion and transparency, but security threats too, such as data breaches. A look at the major vulnerabilities assailing India’s digital payment systems and ways to plug them
A recent seminar on cyberspace stability in Shanghai showed a global preoccupation by nations to acquire capabilities and devise protective mechanisms against attacks. A reflection on two themes emerging from the discussions
India has rapidly transitioned from a cash-based economy to one reliant on digital payment systems. This has resulted in financial inclusion and greater transparency, but also expanded the system’s vulnerability to cybercrimes. This paper analyses India’s digital payments industry, maps the potential threat vectors and recommends measures to strengthen the cybersecurity of digital payment systems