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Technology and policy in India
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- Aug 17, 2026earliest in window
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News
Banks can???t outsource accountability for algorithmic decisions: RBI Deputy Governor
4+ day, 22+ hour ago (280+ words) “An institution may outsource the computation, but it cannot outsource the consequence,” said Rohit Jain, Deputy Governor, Reserve Bank of India, in a keynote address at Global Fintech Fest (GFF) 2026, on why banks and other regulated entities cannot shift responsibility…...
Visa calls for “AI in the loop” in cyber defence at GFF 2026
5+ day, 42+ min ago (471+ words) Finding a weakness in a payment system and exploiting it took about a year and a half in 2016. It now takes under an hour, Visa’s Subra Kumaraswamy told the Global Fintech Fest. Some argue that the situation is already negative,…...
Researcher claims full access to Adalat AI systems
5+ day, 2+ hour ago (771+ words) Cybersecurity researcher Nisarga Adhikary alleged that vulnerabilities in Adalat AI’s systems exposed its database, storage, infrastructure, credentials and private source code. He also initially alleged that sensitive court data was being processed on production servers based in Japan. Adhikary later…...
Ultrahuman raises $60 million to expand smart ring business
1+ week, 4+ day ago (412+ words) Smart ring maker Ultrahuman has raised Rs 583 crore about ($60 million) in its Series C funding round led by Qualcomm Ventures, according to filings sourced from the Registrar of Companies (RoC). Ultrahuman’s board passed a resolution to allot 3,623 Series C compulsory…...
Dodo Payments breach disclosure disputed by dark web listing
1+ week, 6+ day ago (367+ words) Dodo Payments, a Bengaluru-based payments company, told its customers on August 17 that a breach of an internal analytics system did not touch API keys, passwords, or account credentials. However, the threat actor’s website on the dark web, reviewed by MediaNama,…...
How AI agents formed a 'collective' to exploit Hugging Face
2+ week, 4+ day ago (289+ words) Explore more here: [ Blog Post | Technical Paper | METR report | Black Hat talk ] OpenAI detected unusual activity on July 19, linked it to the Hugging Face breach on July 20, and publicly confirmed its involvement on July 21. Later it updated its security policies…...
CCPA Fines Flipkart Rs 5 Lakh Over Non-BIS Toys, Rejects Safe Harbour Defence
3+ week, 1+ hour ago (970+ words) You can access the CCPA order from here The Central Consumer Protection Authority (CCPA) has imposed a Rs 5 lakh penalty on Flipkart Internet Private Limited for facilitating the sale of toys on its platform that did not comply with mandatory…...
What does the industry want from TRAI on spam?
3+ week, 2+ day ago (677+ words) Note: The discussion was held under the Chatham House Rule. All quotes have been edited for clarity, brevity and anonymity. “The earliest possible implementation of a consent framework is the biggest thing,” a speaker said, giving their wishlist for the…...
OpenAI tests private safety processing for Zero-Retention AI
3+ week, 3+ day ago (527+ words) OpenAI is testing a safety system called Private Safety Processing that can detect patterns of misuse across multiple AI interactions without giving its employees access to customers’ prompts and responses. It is currently testing the system with early customers and…...
OpenAI Updates AI Security After Hugging Face Breach
3+ week, 5+ day ago (447+ words) OpenAI is tightening security around environments used to train and evaluate frontier models. It said the changes have already caused delays and higher costs for frontier research. The company is also improving security logging and automating tests against these boundaries....