The U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) has revealed that emails belonging to its executives and staff were compromised in a recent cyberattack, pointing to long-standing IT security flaws as a contributing factor.
Sensitive Financial Data Potentially Exposed
In a statement released Tuesday, the OCC confirmed that the breach involved unauthorized access to emails containing highly sensitive information, including details related...
The Indian government has relaxed rules regarding foreign direct investment (FDI) in sectors where it is otherwise prohibited, offering relief to companies like ITC Ltd. According to a clarification issued by the Department for Promotion of Industry and Internal Trade (DPIIT), Indian firms operating in prohibited sectors may now issue bonus shares to their existing foreign shareholders, as long as the shareholding pattern remains...
