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GST Network says software testing complete for smooth rollout of GST

NEW DELHI: GST Network, the company providing technology backbone for the new indirect tax regime, today said it has completed all software trials and testings necessary to successfully rollout GST from July 1. Over 66 lakh taxpayers have enrolled on the GSTN portal, Chairman Navin Kumar said. "GST IT system has undergone all mandatory tests and has been opened for new registrations and enrolments...

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Ransomware Attack Causes Mass Disruption Across Europe

A new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across Europe, hitting Ukraine especially hard. Company and government officials reported serious intrusions at the Ukrainian power grid, banks and government offices, where one senior official posted a photo of a darkened computer screen and the words, “the whole network is down.” Russia’s...

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70% ATMs in India vulnerable to cyberattacks: Experts

What was more worrying about the global cyberattack was the fact that the outdated Windows XP version that turned out to be the weak link, crippling information systems around the world, is used by 70% of Indian ATMs. Their complete control rests with vendors who provide banks with these systems....

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