Saudi Aramco chairman defends oil giant’s possible IPO move + MORE Jan 25th

NEW DELHI – India and France said Monday that they are close to sealing a multibillion euro agreement for New Delhi to purchase 36 Rafale fighter jets.
Indian Prime Minister Narendra Modi and French President Francois Hollande made the announcement during a joint news briefing in the Indian capital. Hollande is on a three-day visit to India.
Modi said an agreement between the governments has been reached, but some financial details still need to be sorted out. He said he hoped a commercial agreement will be finalized as soon as possible.
Modi announced India’s intention to buy the Rafale jets, manufactured by Dassault Aviation, during a visit to Paris in April, touching off several rounds of negotiations over the price and details such as servicing.
The two sides were expected to sign a final agreement during Hollande’s visit.
Hollande is accompanied by the French ministers of defence, foreign affairs, economy and culture and dozens of top corporate leaders. On Monday officials from the two sides signed over a dozen agreements and issued a joint statement on fighting terrorism…

Times of IndiaIndia signs accord to buy 36 Rafale jets from France, but talks on price to go onTimes of IndiaNEW DELHI: India and France on Monday inked an inter-governmental agreement(IGA) on the sale of 36 French fighter jets, but Prime Minister Narendra Modi said the financial details of the deal were yet to be worked out. "Only financial aspects of the …India signs inter-governmental pact with France to buy Rafale combat jetsLivemintFrench President arrives in IndiaThe Hinduall 1,394 news articles »

(KTS Design/Getty)
If you think of the Internet as being a big mail-delivery system, almost everyone is sending postcards: Anyone who handles your message could read it if they wanted. Encryption works like sealing a letter in an envelope. You know what it contains, and your intended recipient can open it, but intermediaries can’t read your message.
Websites for activities such as banking and shopping have long used a technology called HTTPS for protecting sensitive data like credit card numbers. But with criminals and governments (both friendly and un-) hoovering up more Internet traffic every day, security experts are making the case that all businesses should encrypt all their online traffic.
So what is HTTPS?
“HTTP” stands for Hypertext Transfer Protocol, and it appears at the beginning of every website address. The “S” stands for secure—HTTPS websites display a small padlock in the browser’s address bar.
Why bother?
The common question most business owners have is: why bother? Some companies deal in highly confidential information, but for many it feels like overkill, especially if you’re not involved in exchanges of obviously sensitive data like financial or health records…

(Mark Airs/Getty)
No matter which business you’re in, if information security isn’t already your concern, it likely will be soon. You need to protect your own confidential data, and you need to be a responsible steward of your customers’ crucial information, too. With high profile hacks trashing company reputations and costing billions in legal fees and lost business, we can all improve our data hygiene. Here are some places to start.

Stop using anything on this list of 2015’s worst passwords
Sorry, adding “789” to your standard “123456” is not fooling any cybercriminal. Luckily there’s a solution

A foolproof way to make your passwords more secure
You probably know your memorized passwords aren’t secure, but old habits die hard. Here’s a cheap and easy alternative

Reduce your risk of financial fraud by watching for these red flags
The former head of the RCMP’s commercial crime unit says there’s no perfect protection, but you can reduce your fraud risk

Here’s why you should start encrypting your entire website
Consumers increasingly want more security from the companies they deal with…

RIYADH, Saudi Arabia – The chairman of Saudi Arabia’s state oil giant says plans for a possible initial public offering are not being driven by a need for cash amid a global slump in oil prices, but instead signal a desire for greater openness to outside investors.
Khalid al-Falih says the potential listing of the world’s largest oil producer “is not for cash” but a “sign of the times” that the kingdom is open for business.
Al-Falih spoke on Monday at an investment conference in Saudi Arabia. He said despite oil prices recently dipping below $30 a barrel, Aramco’s investments in oil and gas have not slowed down.
Earlier, al-Falih told the Saudi-owned Al-Arabiya news channel that any initial public offering of Saudi Aramco would not include the kingdom’s oil reserves.
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