Zoom logins up for sale on Dark Web SALARIES RISE FOR TOP MF CEOs

Hackers put more than half a million login details for the teleconferencing app Zoom on the Dark Web, the Sunday Times reported. The logins were put up for sale at 1 pence each and were discovered and bought by cybersecurity intelligence company Cyble that bought the logins from a Russianspeaking person on the Telegram messaging service, which allows anonymous messaging.

Zoom Video Communications Inc. has seen global usage of its service surge during Covid-19 shutdowns, but has come under increasing pressure over vulnerabilities in the app’s software encryption. The company has been sued amid accusations it hid flaws in its app and has seen cases of online trolls sneak in and disrupt web meetings with profanity and pornography.

Zoom’s shares have more than doubled this year alongside its rise in popularity, but privacy and cybersecurity experts have expressed skepticism. From Elon Musk’s SpaceX and Tesla Inc. to New York City’s Department of Education, agencies around the world have begun to ban its usage amid security concerns.

New Delhi, May 3: CEO salaries increased at the country’s top mutual fund houses during 2019-20 on robust business growth, with HDFC Mutual Fund’s Milind Barve being the highest paid executive.

According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent. But, remuneration of Aditya Birla Sunlife MF, Nippon India MF and DSP MF dropped by up to 19 per cent.

Barve claimed a salary pay-out of `7.43 crore. SBI MF gave its CEO Ashwani Bhatia a salary jump of 132 per cent to `51 lakh.

Nilesh Shah, the top honcho of Kotak MF, received a pay package of `7.32 crore. ICICI Prudential MF paid `6.98 crore to its Managing Director Nimesh Shah last fiscal.

Nippon India’s Sundeep Sikka got a salary of `6.01 crore while A. Balasubramanian, chief executive at Aditya Birla SunLife MF, was at `5.41 crore.