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By Praveen MenonWELLINGTON, - New Zealand's central bank said on Friday that it will postpone publication of most of its statistical data releases for a number of weeks while it investigates a cyber attack that led to a serious breach of its data systems.The breach was announced earlier this month and the Reserve Bank of New Zealand (RBNZ) said a file sharing service provided by California-based Accellion was illegally accessed.Statistics on bank customer lending, credit card balances and spending, new mortgage commitments, bank liquidity, non-bank lending institutions, and retail interest rates would be delayed, the bank said."RBNZ will be postponing publication of most statistical releases. We will provide an updated release calendar when we can, but we expect delays of 3-4 weeks to most publications," RBNZ said in an email.The bank said delays to publication were necessary because the hacked file transfer software application, Accellion FTA, was used for transferring data from … [Read more...] about New Zealand c.bank postpones statistics releases while investigating cyber hack

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Mumbai: Tata group companies Croma and Tata Sky said on Thursday that they had fixed vulnerabilities in their websites after a cybersecurity researcher pointed out how the flaw could expose sensitive personally identifiable information to scammers even without hacking.The information — names, addresses, phone numbers and purchase history — included personal data of celebrities, popular businesspersons and doctors, among others.The vulnerabilities were discovered by Rahil Bhansali and Ankit Pandey on December 29. Bhansali detailed the vulnerabilities in his Medium blog on Wednesday. ET has reviewed the data but could not independently verify for how long the user information had been accessible on both the companies’ websites before the matter was resolved. The vulnerabilities were due to problems with the application programming interfaces (APIs) at both the websites, Bhansali said in a blog post. APIs are a way of accessing data within websites and software but are … [Read more...] about Croma, Tata Sky websites fixed after cybersecurity researcher points out flaws

A proposed rule calling for changes to the employer-employee relationship in the H-1B non-immigrant visa programme will no longer be valid as it has not been published in the Federal Register.The Federal Register contains US government agency rules, proposed rules, and public notices.The modification, proposed by the previous administration under Donald Trump, was introduced last week seeking changes to the terms of employees placed at third-party locations and called for the end client to also be responsible for the employee.This would have made it more expensive for services companies to place employees at client sites as employees would have had to be paid at the prevailing wage rates at client organisations.Immigration experts said the rule was unlikely to be revived by the new administration headed by President Joe Biden.However, recent changes introduced by Trump such as higher wage requirements may not be reversed.“The Biden administration has expressed support in … [Read more...] about New H-1B rule not valid, other changes on hold for 60 days