COPPERPOD

INTELLECTUAL PROPERTY

April 22, 2019

Online payments company PayPal has been awarded  US Patent No. 10262138B2 that describes a technique to combat ransomware attacks. The first method described in the patent suggests an alert system that triggers when a program is attempting to encrypt data where the user has full discretion whether to halt the program or not. The alternative method talks about duplicating the unaffected original file and saving it at a remote server before it gets encrypted.

December 26, 2016

On November 18, 2016, PayPal Inc. filed an objection at the Indian Trademark Office accusing Paytm of trademark infringement, an Indian mobile wallet company. The objection comes at the heels of the recent windfall made by the latter on account of a cash-strapped nation moving rapidly towards a cashless normal.

For six years, Paytm had been steadily becoming a household name in middle-class India – until it really hit the jackpot on November 8, 2016 when the Indian Prime Minister Narendra Modi a...

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