Daily News Bites – October 16, 2018

1 Billion Aadhaar Records Compromised Since January 2018

Gemalto, one of the prominent digital security company has stated that 1 billion or 100 Crore Aadhaar records have compromised in India, since January, 2018.

Name of the Aadhaar account holders, email address, phone number and some other personal details of 100 crore Aadhaar users have been compromised, as per Gemalto.

1 billion Aadhaar records compromised
1 billion Aadhaar records compromised

These findings are part of the Breach Level Index released by Gemalto, which states that overall 4.5 billion records of citizens were compromised via 945 incidents of data and privacy breach, across the world.

Compared to last year, this year, cases of data breach has increased by 133%.

RBI May Not Immediately Ban Mastercard, Visa & Other Non-Complaints [Data Localisation]

RBI has indicated that they will not immediately place a ban on all non-complaint payment companies

RBI will relax rules for local data storage?
RBI will relax rules for local data storage?

when it comes to local data storage.

Visa, Mastercard, Amex and 15 other payment processing companies haven’t yet accepted RBI’s diktat on local storage of data in India.

The deadline from RBI expired on October 15th, and we had asked what will these payment companies do now.

Meanwhile, US legislatures have written to Indian Govt. and RBI to relax data localization rules for US-based payment processing companies, and/or extend their deadline.

We will keep you updated, as more details come in.


Microsoft co-founder Paul Allen Is Dead 

Cancer took away the life of Microsoft Co-Founder Paul Allen. He was 65.

As per reports coming in, he died because of complications in the non-Hodgkin’s lymphoma. The billionaire from Seattle had informed earlier this month that he is taking treatment for cancer.

Vulcan Inc, which was founded by him, tweeted:

Besides Vulcan, he co-founded  Allen Institute for Brain Science, Institute for Artificial Intelligence, Institute for Cell Science and Stratolaunch Systems. Paul was known as a big-time philanthropist, and in his lifetime he donated more than $2 billion for education, wildlife and environmental conservation, the arts, health, and community services.

In 1975, he co-founded Microsoft along with Bill Gates, and at the time of his death, he was 46th Richest man in the world with assets of $20 billion, including 100 million shares of Microsoft.

Paul Allen is dead
Paul Allen is dead (Image Source: Wikipedia)

RIP Paul. You will be always missed.

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