The Risks of Blockchain on Credit Bureaus

The credit reporting system in the US recently came under surveillance on various fronts, from a lack of clarity into credit scoring systems for customers and flawed credit reporting to cyber security risk incidents. IT infrastructure is evolving rapidly, transforming the way the cloud, traditional data centers, and data endpoints interact. Blockchain is the newest […]

Mergers & Acquisitions: Monitoring & Managing Supplier Risk

[fusion_text]During the first half and the beginning of second half of 2018, Mergers & Acquisitions (M&A) were on the rise among suppliers with the end objective of acquiring new business models, increasing market share and plant size, geographic expansion, diversifying product and services, gaining market power, increasing talent pool and customer base, getting the know-how […]

Cognizant’s Indian Tax Battle – How Grave Really Is the Matter?

Towards the end of March 2018, the Income Tax Department (ITD) of India froze the bank accounts of the Indian arm of global IT firm Cognizant in Chennai and Mumbai for alleged evasion of Dividend Distribution Tax (DDT). What is DDT? What Are the Allegations on Cognizant? When any company in India declares dividends to […]

Ransomware-as-a-Service: Risks to Business and Measures for Protection

Who is Most Vulnerable & What are the Risks for Businesses? Ransomware-as-a-Service’s (RaaS) ease of access and deployment allows it to flood the market with higher volumes of ransomware, greatly increasing an organization’s threat potential. The success of these platforms and the growing demand is driving ransomware authors to develop new distinct ransomware offerings to […]

Ransomware-as-a-Service: A Rising & Grave Cyber Threat

What is Ransomware-as-a-Service? Ransomware-as-a-Service (RaaS) is an unusual type of Software-as-a-Service (SaaS) provided through the internet as a vendor platform. Among the different kind of SaaS provided by tech vendors, RaaS is different as it represents an offering used by criminals to lock down IT systems. How does Ransomware-as-a-Service work? In a RaaS situation, a […]

Cybersecurity in 2017: Chronicling the Equifax Data Breach

Equifax, one of the three largest credit reporting agencies in the US, reported a major security breach in September 2017. Equifax stocks plunged more than 13% in the after-hours trading following the announcement of the breach and still have not recovered completely. There are more than a dozen ongoing lawsuits against the company which will […]