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Showing posts with the label cyber security

Story of a techie turned a rich bitcoin miner and eventually a ‘fugitive’!

Here is the son of an ex government employee from Shalimar Bagh of Delhi, who currently owns a house in Dubai’s Burj Khalifa, one of the tallest building in the world. However, this is not one of the magnificent stories of a middle-class man becoming very successful. It’s quite something else on the whole. Amit Bhardwaj, a former software developer with Infosys and stock broker, is suspected to have fled to Dubai after conning an estimated amount of Rs 2,000 crore through a Ponzi scheme based on bitcoins, the mostly unregulated digital ‘cryptocurrency’ that has been became popular with its sharp spike in value. Bhardwaj, whose businesses are reported to have a turnover of millions, now faces fraud cases in a number of states, with investigative agencies struggling to get him back to the country. The ‘scam’ As of April 1’s evening, one bitcoin was valued at just over Rs 4.26 lakh. But in 2017, the value exceeded Rs 10 lakh. Under Bhardwaj’s scheme, an investor purchasing o...

Anti-H1B posters posted Silicon Valley's train network just before latest visa-filing season!

r Recently, the thought of the H1B visa is being extremely scrutinized in the public square of the world's most sparkling IT hub. Anti-H1B posters have been put in famous Bay Area Rapid Transport (BART) train stations, which travel through the centre of San Francisco Bay Area. The posters will remain there for no less than an entire month in the midst of the new H1B filing season which opens 2 April through an advertisement campaign worth of $80,000. BART is one of the busiest rapid transport systems in the US with an average of around 425,000 everyday passengers and approximately 124 million yearly passengers in the 2017 financial year. As per Bay Area newspapers, at least three stations — Civic Centre, Oakland's 12th Street and 19th Street are marquee locations. Sponsored by Progressives for Immigration Reform, this anti H1B advertisement campaign is setting off the fumes among the sentiments of anti-immigrants that put Trump into the White House. Twit...

Indian IT industry to employ 15,000 cybersecurity experts in 2018

Increasing fear of cyber attacks has created new market opportunity in cybersecurity sector. The demand for cybersecurity professionals has gone up by 3x in the last one year. The industry has over 15,000 open positions related to cybersecurity. India’s cybersecurity measures are fairly poor as compared to some of the developed nations. The country needs to put in extra efforts to fight against cyber attacks. The adoption of internet and smartphones will further boost the demand in cybersecurity domain. A report by Belong research suggests a great spike in cybersecurity jobs this year. An outbound recruitment solution, Belong has published a report based on job postings by companies that recruit cyber professionals on multiple platforms. The report states, “As companies seek to bolster their defense against data security breaches, the demand for cybersecurity experts in India has outstripped supply of these professionals by three times over the past 12 months.” The de...