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US to launch new cyber security agency after Sony hacks

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MUMBAI: In the wake of the Sony Pictures Entertainment cyber hacks that took place last year, the US government is forming a new agency to monitor cyber security threats, pooling and analyzing information on a spectrum of risks.

 

The Cyber Threat Intelligence Integration Center (CTIIC) will act as a central place to coordinate cyber threat intelligence from the FBI, the National Security Agency, the Department of Homeland Security and other federal agencies.

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Quoting a government official on condition of anonymity, a Forbes media report said that the new agency will be called Cyber Threat Intelligence Integration Center (CTIIC), which will ‘connect the dots’ between various cyber threats to the nation so that relevant departments and agencies are aware of these threats in as close to real time as possible.

 

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US president Barrack Obama gave utmost priority to cybersecurity after the recent hacking attacks against Sony Pictures as well as the federal government.

 

The White House counterterrorism coordinator, Lisa Monaco said that cyber threats to national and economic security are increasing in sophistication, scale, severity of impact. As of now, no single government agency is responsible for coordinating cyber threat assessments, sharing information among existing agencies, and providing timely intelligence to policy makers.

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“The cyberthreat is one of the greatest threats we face, and policymakers and operators will benefit from having a rapid source of intelligence. It will help ensure that we have the same integrated, all-tools approach to the cyberthreat that we have developed to combat terrorism,” Monaco told The Post.

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eNews

Paisabazaar launches Credit Premier League 2.0

Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.

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MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.

Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.

All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.

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Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”

The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.

Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.

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In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.

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