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Kyndril, DSCI join hands to train 25,000 students on cybersecurity
YourStory
·
1y ago
Medial
IT company Kyndryl has partnered with India's Data Security Council of India (DSCI) to offer free cybersecurity training to 25,000 Indian students over the next three years. The Cyber Sainik program aims to protect students from cyber threats such as cyberbullying and online exploitation. Students from grades 6 to 12 will receive training on reporting issues and learn skills to protect themselves on digital platforms. Upon completion, students will receive a certification from both Kyndryl and DSCI. The initiative aims to equip students with the knowledge and confidence to navigate the digital world securely.
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Gujarat govt signs MoUs with IBM, Microsoft for enhancing AI capabilities
YourStory
·
1y ago
Medial
The Gujarat government has signed memorandums of understanding with IBM, Microsoft, and NASSCOM to promote the use of AI technologies in the state. IBM will establish an AI cluster in GIFT City to foster innovation and collaboration in financial institutions, while Microsoft will establish an AI Center of Excellence focusing on machine learning and cognitive services. The state government has also partnered with NASSCOM to enhance AI capabilities. These initiatives align with Prime Minister Narendra Modi's goal of leveraging advanced technologies to drive India's economic growth. The government aims to train 25,000 students in deep technology courses over the next three years.
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Karnataka Innovation Technology Society partners Cisco for cybersecurity skills training
Economic Times
·
1y ago
Medial
Technology firm Cisco has partnered with Karnataka Innovation Technology Society (KITS) to train 40,000 individuals in cybersecurity skills and awareness. The collaboration aims to address the growing need for cyber talent to enhance defenses against an evolving threat landscape. The initiative will prioritize training women, with the goal of equipping individuals with the knowledge and skills to identify and respond to cyber threats. This partnership will also include a 'Train the Trainers' program to empower college faculties and promote cyber awareness among citizens. Additionally, Cisco will contribute to curriculum development and organize webinars and workshops for students.
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Google learning to build for the world by building in India: Cloud chief Thomas Kurian
Economic Times
·
1y ago
Medial
Google plans to expand its engagement with the Indian government to include Artificial Intelligence (AI) and cybersecurity. The company is working on setting up two centers of excellence for AI and cybersecurity in collaboration with the Indian government. Google will provide 100,000 scholarships for cybersecurity learners and train 1 million people on AI in India. The company also aims to train AI models in local languages for various government applications. Google Cloud has been making significant strides in India, working with clients such as HDFC Group, Flipkart, and Reliance Jio.
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Edtech Startup Classplus Opens College To Provide Offline BTech Courses
Inc42
·
1y ago
Medial
Classplus, an edtech startup, has opened its first college called Polaris School of Technology (PST) in Bengaluru. PST will offer a four-year BTech programme that provides students with classroom learning and hands-on industry experience. The move marks Classplus' expansion into offline tech education, providing an opportunity for students to learn in a traditional classroom setting.
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MongoDB to upskill 500,000 Indian students with its Academia Program
IndianStartupNews
·
1y ago
Medial
US-based MongoDB, Inc. has launched its MongoDB for Academia program in India, aiming to train over 500,000 students in using MongoDB Atlas, a multi-cloud developer data platform. The program will provide training, resources for educators, certifications, and free credits to use MongoDB technology. MongoDB has partnered with the ICT Academy, a government-supported educational initiative, to train educators and enhance students' skills, helping address the shortage of developers proficient in modern application development and emerging technologies in India's tech industry.
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ISRO chairman Somanath to launch cybersecurity R&D centre near airport on Thursday
Economic Times
·
11m ago
Medial
ISRO chairman S Somanath will inaugurate a private-sector cybersecurity R&D center in Bengaluru. The lab, called Cyber Nalanda, is being built by SISA, a global cybersecurity solutions company. The initiative aims to strengthen cybersecurity, establish India as a global hub for cybersecurity innovation, and bridge the skills gap in the industry. SISA plans to allocate 10% of its annual revenues for R&D and offer certification programs to train future cybersecurity professionals. This project emphasizes a commitment to securing the digital space globally.
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TAC Infosec Jumps 5% After Two Strategic Acquisitions In US & UAE
Inc42
·
11m ago
Medial
TAC Infosec has acquired US-based cybersecurity firm CyberSandia for $25,000 to enhance its presence in the region and expand globally. Additionally, TAC Infosec has also acquired WOS, a subsidiary of TAC Cyber Security Consultancy LLC in the UAE, to meet the increasing demand for cybersecurity services in the GCC region. Trishneet Arora, the founder of TAC Infosec, established the company in 2016 and provides risk-based vulnerability management and assessment solutions along with other SaaS cybersecurity solutions to enterprises and small businesses.
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LeapFrog leads ₹279-crore funding round in education finance firm Auxilo
Livemint
·
1y ago
Medial
Private equity firm LeapFrog Investments has led a ₹279-crore funding round in Mumbai-based education lender, Auxilo Finserve. The investment aims to support Auxilo's expansion of its student loan portfolio. LeapFrog made the investment from its fund focusing on financial inclusion and healthcare opportunities in India. This marks LeapFrog's first investment in India's education finance sector. Auxilo has provided education loans to over 12,000 students since its inception in 2018 and aims to disburse ₹25,000 crore to more than 150,000 students for higher education in the next 5 years.
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Cross-border Fintech Platform HiWi Raises Rs. 7.25 crores in Pre-Series A
OutlookIndia
·
1y ago
Medial
Indian cross-border remittance fintech, HiWi, has raised Rs 7.25 crore in a pre-seed funding round led by Unicorn India Ventures and the Unmaj Group Family Office. The funds will be used for product development and go-to-market strategies. HiWi simplifies remittances for students studying abroad, offering a comprehensive suite of financial services through its platform, including fund transfers, foreign bank account opening, financing options, and compliance with regulatory requirements. HiWi aims to assist 25,000 students in remitting $100 million by March 2025 and onboard 5,000 educational consultants on its platform.
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Cybercriminals target SMEs as large companies beef up security
Economic Times
·
11m ago
Medial
Cybercriminals are focusing their attacks on small and medium-sized enterprises (SMEs) as larger organizations invest in cybersecurity measures. Hacker groups like Lockbit, BlackCat, and Akira are increasingly targeting SMEs in healthcare, retail, and manufacturing. Attacks on SMEs in India have significantly increased, with almost half of all incidents occurring in 2023. While only 10% of attacked large organizations paid ransom, 44% of SMEs paid amounts ranging from $25,000 to $100,000. The impact of these attacks can be devastating for SMEs, who struggle to recover financially and reputationally. Improved cybersecurity measures are necessary for protecting against prevalent threats.
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