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5 Simple Tips to Keep Aadhaar Number and Information Safe

In India, the Aadhar card is the standard document of identification and residence. When filing an ITR, the government of India has ordered that each individual's Aadhar card be linked to their particular PAN (Income Tax Return). As a result, tax-related information will be available through Aadhar. Furthermore, the Aadhar Card must be linked to bank accounts in order for the government to gain access to individual financial information via this utility document. Bharat Interface for Money (BHIM) and Aadhar Pay are two government and private money transfer programs that are related to Aadhar. If someone gains access to your Aadhar Card, he or she can now collect data from related/linked services. Furthermore, Aadhar contains biometric information such as iris and fingerprint data, which could be exploited if it falls into the wrong hands. As a result, it's a good idea to keep your Aadhar card safe.  Here are five simple ways to keep your Aadhaar from being misused. Do not post...

This is How Your Aadhaar Data Is Secured

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The Aadhaar Card has evolved into a critical financial instrument, closely linked to your financial transactions, tax information, bank information, and much more. Without an Aadhaar Card, it is nearly impossible to carry out a number of basic financial transactions. While it has become absolutely necessary to obtain an Aadhaar Card, concerns have been raised about the security of the Aadhaar database. People have claimed on numerous occasions that the Aadhaar database, including biometric details (fingerprint and iris data), is vulnerable to theft and hacking due to a lack of security infrastructure. Some critics have even gone so far as to claim that Aadhaar information for a large number of people can be obtained through a simple Google search. Individual information is inherently protected in the UID project's design, which is principally accomplished by the allocation of random 12-digit numbers that reveal nothing about an individual. In addition, UID has taken a number of oth...

Encryption as a service – an overview

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In these alarming times of cyber-attacks, sensitive data protection, and regulatory requirements, encryption is one of the top priorities. The encryption approach protects data by making it unreadable to anyone who does not have access to the decryption/key information. There are numerous technologies in use today in IT for data encryption at rest. Every presentation on the topic covers the solution's key management, how it's a huge, complex issue, and how each product solves it better. This is all useful information for businesses, but when these encryption and key management technologies are deployed to the cloud, the situation becomes much more complicated. Encryption can help protect data in both the active management and storage phases. The objective of encryption is that no one can access data until it is decrypted, but for cloud service providers, this becomes a problem (CSPs). They also require access to the necessary decryption keys because they can't process encry...

How To Protect Data and Identity Online

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Are you concerned about how much of your personal or business information is stored on the internet and could it be stolen or misused? You're not the only one who feels this way. The issue of online privacy is crucial. Identity theft is any deception, scam, or crime that results in the loss of personal information, such as usernames, passwords, banking information, credit card numbers, Social Security numbers, and health identification numbers, which is then used without your permission to commit fraud and other crimes. A data breach occurs when someone acquires unauthorized access to an organization's data. The most common types of information stolen in data breaches are email addresses, passwords, full names, Social Security numbers, and credit card numbers. Data breaches reached an all-time high of 1,862 in 2021, according to the Identity Theft Resource Center's (ITRC) 2021 Annual Data Breach Report, an increase of more than 68 percent over 2020. To help you protect your...

Tokenization in Fintech: What’s the significance?

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Did you know that every year, organizations lose 5% of their revenue due to financial fraud? This might result in billions of dollars in fraud losses, which would be devastating for businesses and economies all across the world. Whether or not your business has been a victim of fraud, it is critical that you take actions to encourage fraud prevention and awareness. Continue reading to find out more about what you can do to safeguard your company’s critical information. What do you need to know about fraudulent activity? Before we go any further, it’s helpful to define what fraud is. After all, the better you understand fraud, the better your business and customers will be protected. Fraud is defined as when a person or group knowingly and illegally uses false or misleading information to steal another person or organization of anything of value. Money, property, sensitive data, or rights can all be involved. Small and large businesses, schools, and government agencies are all targets f...

How to choose the right vendor for your Aadhaar data vault

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The security of Aadhaar, the 12-digit unique identity number, is a key concern for its holders and a top priority for the government as the world’s largest identity database. Any data leak with Aadhaar is certain to be disastrous. Any compromise on data security will have long-term consequences now that Aadhaar linking is required for financial services and to benefit from government initiatives. Driving licenses, school scholarships, cooking gas subsidies, passports, pensions, and provident fund accounts are now all connected to the Aadhaar card. The Aadhaar card is also being evaluated for use in Indian Railway System services, particularly the online reservation process. The importance of Aadhaar cannot be understated: it includes the data of billions of people. Aadhaar is linked to various databases, there is a risk that the data would be compromised and exploited. This is one of the most serious concerns associated with the Aadhaar system. To keep the Aadhaar data safe, Under the...

Encryption – The Important Aspect of Cybersecurity

We create and share data at an astounding rate every day. All information that you digitally store and share must be adequately protected. Privacy and data protection are vital for both individuals and businesses. As a business owner, you must ensure the data security of all information that you store on your servers. With every email, text message, tweet, businesses have more data to collect and use, and without proper protection, hackers can take advantage of it. Data is the core of business. Data is essential to meet customer needs, respond to sudden market changes and unforeseen events. Companies generate large amounts of data from multiple sources. The amount and level of detail of business data that arise in the course of doing business requires constant attention to protect and maintain it. After all, your data is more than just a static record store. Transactions, knowledge, communication, databases, infrastructure; An organization’s information is its most valuable asset. Rega...