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Cyber Crime: Survey by IT security firm Check Point shows remote work brings more risk

The top three issues IT and security professionals contend with are scaling performance (46%), addressing privacy and data sovereignty concerns (42%) and supporting remote access for employees’ unmanaged devices (40%). Cyberattacks and threats have increased as hackers have taken advantage of the shift to remote and hybrid work. A recent survey by IT security firm …

How neobanks are addressing gap in informal routes to banking needs for small businesses

In India, there is a growing misconception that fintech companies are one and the same as neobanks. (Image for representation) By Veena Sivaramakrishnan, Partner and Yugal Jain, Senior Associate  Credit and Finance for MSMEs: In the Indian financing space, when integration of robust digital banking has become the key element for maintaining and growing the …

Trying to grow retail lending; keen on shifting to more longer-term borrowing: Jairam Sridharan, CEO, Piramal Retail Finance

Jairam Sridharan, CEO, Piramal Retail Finance By Ankur Mishra Piramal Capital and Housing Finance (PCHFL) wants to have adequate buffers in terms of long-term financing. The company, which has come up with NCD issue of Rs 1,000 crore on July 12, 2021, is a step towards the direction of switching to longer-term borrowing, says Jairam …

UP MSME Minister: Planning to set up a micro-industry cluster in every district

Ease of Doing Business for MSMEs: To boost industrialisation in the state, UP Minister for Micro, Small and Medium Enterprises (MSME) Sidharth Nath Singh said, they are starting a new initiative called ‘Micro Village’ conceptualised around the vision of Gram Swaraj to make every village an independent, self-reliant entity. In his address on Thursday, Nath …

Facebook testing feature to allow group admins to designate members as ‘subject-matter experts’

Another major aspect that Facebook is adding in this area is the admins’ ability to look for subject-matter experts beyond the group members. Facebook groups: Groups on social media giant Facebook are now being updated, and the admins would now be able to designate some members of the group as ‘experts’. Members who have been …