Advocate (Dr.) Prashant Mali's Blog

What does the Pegasus spyware do? Don’t Overthink  Did you imagine some super spy software which tracks you even when your mobiles internet or data connection is off. According to the software’s description on the NSO Group’s website, the Pegasus spyware is capable of complete data extraction from the victim’s phone. What makes this software worse is that it can be used for remote and stealth monitoring, without the victim even realising that they are being watched. The NSO Group’s website notes that the spyware can extract data remotely via untraceable commands. The Pegasus spyware could essentially make it unnecessary to have physical access to a device to spy on victims. For instance, iPhones, which are usually touted for being secure, reportedly have a  gaping security issue  in iMessage that allows remote access and duplication of data. But if you are common man please don’t overthink all the above to operational day in day out requires cash to be burnt and if you ar...

How to Pay Ransom during a Ransomeware cyber attack in India ? The demand for ransom is illegal under the IPC, but not the payment . If business exigencies require, ransom may have to be paid under duress. even Section 37 of the income tax Act in India will not come in the way of the claim for deduction of ransom money.  Commissioner of Income Tax Vs M/s Khemchand Motilal Jain (Madhya Pradesh High Court (2011)) There are also companies that swoop in at the last minute to handle the logistics. companies like CyberSecOp,  DigitalMint, are a full-service, final-mile crypto broker. They are at the end of the process They hired specialists, after the forensic consultants, the company, and stakeholders have all made the determination victims have exhausted all their options and that paying the ransom from an economics perspective is the best way to move forward. That’s when they come to companies like  CyberSecOp,  digitalmint in order to help them acquire crypto at ...

What's the legal status of cryptocurrency or Digital currency in India? As of July 2021, Cryptocurrencies are not illegal in India. So if you want to buy, let's say Bitcoins, you can do so and start trading in it. However, India does not have a regulatory framework to govern cryptocurrencies as of now. The government had constituted an Inter-Ministerial Committee (IMC) on November 2, 2017, to study virtual currencies. The Group's report, along with a Draft Bill, flagged the positive aspect of distributed-ledger technology and suggested various applications, especially in financial services, for its use in India, including banks and other financial firms.  However, the Centre had flagged reservations around its misuse and wanted to put a blanket ban in India. Latest reports say cryptocurrency may not face a complete ban in India. The Centre may soon set up a panel to regulate them. The decision was taken after several cryptocurrency exchanges urged the Centre to regulate vir...