Author: Venkatesh Ganesh

After Optus, Telstra Hit By Data Breach

Two weeks after telco Optus underwent a data breach, now it is the turn of another Australian telco to report an incident. Australia’s largest telco Telstra said on Tuesday that it had suffered a ‘small data breach’, according to a report by Reuters. Telstra, which has 18.8 million customer accounts equivalent to three-quarters of Australia’s […]

Optus Hack Could Result in Revamp of Australia’s Data Laws

Optus chief executive Kelly Bayer Rosmarin has said that a breach of up to 9.8 million Australians’ personal data was facilitated via the telecoms giant’s improper system protections as ‘sloppy’ and ‘misinformation’. This development happened after Home Affairs Minister Clare O’Neil said that the telco had left the door open to a ‘basic’ hack, according […]

Microsoft Teams, Office365 Hit by Global Outage

Users in Singapore and other part of the world were unable to access Microsoft Teams from as early as 9am on Thursday (July 21). This happened after a recent update caused a broken connection to an internal storage service, the company said, which was reported by The Straits Times. Microsoft attributed the outage to “a […]

China’s Cabinet Bolsters Cybersecurity Measures After Largest Attack in Chinese History

In a State Council meeting led by Premier Li Keqiang, China’s cabinet emphasised the need to bolster information security in the country, after hackers purportedly stole over 23 terabytes of information belonging to a billion Chinese residents by compromising a Shanghai police database in early July. Although Chinese state media has not reported on the […]

What Cyber Threats Do Australian Businesses Face?

Post Covid-19, digitalization has seen a renewed surge. In light of this increased activity, businesses use and share information- with their customers, clients and other third party vendors. However, this opens up multiple avenues of cyber security threats and needless to say the digital world is under attack, with network breaches and cyberthreats happening hundreds […]

CyberProof collaborates with Microsoft on new portfolio of cybersecurity services

CyberProof, a UST company, has collaborated with Microsoft to provide Managed Extended Detection and Response (MXDR) capabilities for Microsoft Security Services for Enterprise. This is a new managed service for large enterprise customers and is part of Microsoft’s new portfolio of security services. Microsoft Security Services for Enterprise is a service that combines proactive threat […]

What a panel of Cyber Security Experts have to say about Microsoft 365 Threats

An expert panel of cyber security experts have voiced concerns around some threats related to the usage of Microsoft 365. While the experts have not issued damning threats, they have expressed reservations. The threat analysis has been compiled by leading experts in cyber security. Lisa Forte is the co-founder of Red Goat Cyber Security LLP, […]

Cloudflare Outage Hits Popular Online Services

A Cloudflare outage, has hit several services such as Crunchyroll, Feedly, Zerodha, Medium.com, news outlet Register, Upstox and Social Blade, Discord, Omegle and DoorDash. The internet infrastructure firm said it is investigating the “wide-spread” issue, but it’s unclear what all regions are impacted. “Users may experience errors or timeouts reaching Cloudflare’s network or services,” said […]

Thales to acquire two cybersecurity companies in Europe for €120 million

Thales has signed a definitive agreement with Sonae Investment Management to acquire two of European leading cybersecurity companies, S21sec and Excellium, gathered under the holding company Maxive Cybersecurity. This acquisition will complement Thales’ cybersecurity portfolio, strengthening its incident detection and response services (Security Operations Centre – SOC) as well as consulting, audit and integration services, […]

Russia Continuing Cyber Attacks: US Cyber Security Official

Even as not a single massive cyber attack has been linked to Russia, Director of National Security Agency has pointed out that attacks have been ongoing. In an interview with the BBC, Rob Joyce, director of cyber-security at the National Security Agency, said that while a single massive attack hasn’t taken place, there has been […]

5 Ways to Tackle Cyber Frauds

Cyber-Forensics.net, a cyber forensics service for online scam victims, has said that reported figures by leading organisations show that suspected fraudulent transactions increased by 28 per cent in the last 12 months. According to crypto scam recovery experts, out of these, cryptocurrency fraud was the most common. notices: “Any online encounter doesn’t necessarily have to […]

Video Surveillance Solutions Provider Hanwha Partners with AI company Pathr.ai

Pathr.ai, an Artificial Intelligence (AI) powered Spatial Intelligence platform, has partnered with Hanwha Techwin America, a global supplier of video surveillance solutions, to jointly deliver spatial intelligence solutions to current and prospective customers. This integration allows Pathr.ai to engage with Hanwha on new and cross-sell opportunities, including supporting camera installations with Pathr.ai use cases, the […]

G3 Global Berhad Bags Integrated Security and Safety System for Malaysia’s Two Airports

Artificial Intelligence (AI) specialist G3 Global Berhad has secured the Group’s largest contract since restructuring the business with an RM118.38 million agreement to design and develop the Airport Integrated Security and Safety System (AIS3) for Malaysia’s two busiest airports – Kuala Lumpur International Airport (KLIA) and klia2. This was done in collaboration with SenseTime, a […]

SoftBank Forays into Web3 Security: Invests $60 million in CertiK

CertiK, the leading global Web3 and blockchain security firm, has received an additional $60 million USD investment from SoftBank Vision Fund 2 and Tiger Global. This marks SoftBank’s first venture into the Web3 security space. CertiK’s $88 million series B3 round and $2 billion valuation were announced within the past month, led by Insight Partners. […]

How to Mitigate Cyber Attacks on Industrial Systems

A recent joint Cybersecurity Advisory (CSA) from the United States government has warned that advanced persistent threat (APT) actors (cybercriminals) have developed a way to gain full system access to multiple industrial control systems (ICS) and supervisory control and data acquisition devices (SCADA), targeting specific models of programmable logic controllers (PLCs) manufactured by Schneider Electric […]

Millennials consistently the biggest victims of all forms of fraud: IBM Survey

Geographies and generations differ greatly in the frequency and impact of financial fraud, as well as their attitudes toward fraud detection and the institutions responsible for protecting them from bad actors. According to the 2022 IBM Global Financial Fraud Impact Report, when it comes to fraud on a global scale, American citizens are the most […]

How 4 Russian Hackers Launched Cyber Attacks on Global Energy Sector

The Department of Justice (DoJ) unsealed two indictments charging 4 Russian nationals who worked for the (Russian) government, with attempting, supporting and conducting computer intrusions that together, in two separate conspiracies, targeted the global energy sector between 2012 and 2018. In total, these hacking campaigns targeted thousands of computers, at hundreds of companies and organizations, […]

How Japan is leveraging AI to tackle the Menace of Cyber Frauds

Fujitsu, Toyo University Incorporated Educational Institution (Toyo University), and Amagasaki City have launched Japan’s first joint research project leveraging converging technologies that combine AI techniques and psychological research into the emotional state of victims of phone fraud and other scams. Toyo University is one of Japan’s comprehensive universities with many specialized academic fields, and more […]

Crossword Cybersecurity acquires cybersecurity intelligence provider Threat Status

Crossword Cybersecurity, a company focused on cyber security and risk, has acquired Threat Status Limited (“Threat Status”), the threat intelligence company and provider of software as a service (SaaS) platform for enterprise-level credential breach intelligence for £1.529 million. The acquisition of Threat Status takes Crossword Cybersecurity’s portfolio to five cyber security offerings, alongside its cyber […]

Imperva releases API security solution as threats continue to rise

Digital security provider Imperva has announced the availability of Imperva API Security with continuous API discovery and data classification. The product is deployed in any environment to provide visibility and protection of data across legacy and cloud-native applications, the company said. As a service offering, it can be enabled by Imperva Cloud Web Application Firewall […]

How Web 3.0 could Redefine Cloud & Privacy as we know it

The next era of simplified decentralised Cloud architecture is here… well, almost! In simple words, web 3.0 is the third generation of internet services for websites and applications that will focus on leveraging machine understanding of data to provide a data-driven and semantic web. This is also a transition required as we migrate from the […]

LogicBoost Labs Invests in Cybersecurity Automation Provider Information Shield

LogicBoost Labs, a startup accelerator focused on promoting the growth of early-stage B2B SaaS startups, has made an investment into Information Shield, a provider of products and services that help automate the process of building and validating a robust cyber security program. The investment package includes putting cash on the balance sheet for growth and […]

Google Acquires Mandiant for $5.4 billion

Mandiant, Inc. has entered into a definitive agreement to be acquired by Google LLC for $23.00 per share in an all-cash transaction valued at approximately $5.4 billion, a development which gives a significant leg up to Google’s cybersecurity efforts. Once the acquisition closes, Mandiant will join Google Cloud. Cybersecurity challenges Today, organisations are facing cybersecurity […]

Ukrainian sites continue to see DDoS attacks: Google

Google said that its security teams are continuing to see increased Distributed Denial of Service or DDoS attempts against numerous Ukraine sites. “We continue to see DDoS attempts against numerous Ukraine sites, including the Ministry of Foreign Affairs, Ministry of Internal Affairs, as well as services like Liveuamap designed to help people find information. We […]

Ukraine Gov Reaches out to Hackers for Cyber Defense

The Ukrainian government has reached out to volunteers from the country’s hacker underground to help protect critical infrastructure and conduct cyber spying missions against Russian troops. “Ukrainian cybercommunity! It’s time to get involved in the cyber defense of our country,” the post read, which was reported by Reuters. Further, the post asked hackers and cybersecurity […]

Anonymous Group Brings Down Russian Government Websites

Hackers from the Anonymous Group have hacked the websites of the Kremlin, the Foreign Ministry, RT News, the Federal Antimonopoly Service of Russia and the Ministry of Defense. Some of the websites that were either taken down by Anonymous or were slowed down include those of the Russian government, the Kremlin, Duma and the Ministry […]

Telecommunications Industry Association Releases World’s 1st Supply Chain Security Standard

The Telecommunications Industry Association, an industry association for the connected world has released the world’s first supply chain security standard, SCS 9001. This standard was developed specifically for the information and communications technology (ICT) industry. SCS 9001 is relevant for all ICT industry products, including software, hardware, and the services that connect to our global […]

Tier I Telco in South-east Asia Selects Israeli Cybersecurity Company to Protect SMEs

Nasdaq-listed Allot Ltd., a global provider of network intelligence and security-as-a-service (SECaaS) solutions for communication service providers and enterprises, announced today that a tier-1 telecom operator in Southeast Asia, has selected the Allot Secure unified family of solutions to provide cybersecurity protection to its Small and Medium-Sized Business (SMB) customers. The deal which was signed […]

Credit Suisse says Data Leaks Inconsequential: 90% of accounts closed

Financial major Credit Suisse which has come under fire from several media outlets for a huge data leak, exposing data of thousands of clients has issued a strong rebuttal. “Credit Suisse strongly rejects the allegations and insinuations about the bank’s purported business practices. The matters presented are predominantly historical, in some cases dating back as […]

Outage causes major banks in Canada go offline

Five major Canadian banks went offline for hours blocking access to online and mobile banking as well as e-transfers for customers. The banks reportedly hit by the outage include Royal Bank of Canada (RBC), BMO (Bank of Montreal), Scotiabank, and the Canadian Imperial Bank of Commerce (CIBC), according to reports from Bleeping Computer and others. […]

NordPass partners with Cowbell Cyber to help cyber insurance policyholders

Password manager NordPass Business has partnered with Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to medium enterprises (SMEs). NordPass is joining Cowbell Rx, Cowbell’s referral marketplace for cyber risk management and security solutions. From now on, Cowbell Rx policyholders get NordPass Business with a 15% pricing discount, the company said. Growing […]

Securonix Receives $1 billion Investment Led by Vista Equity Partners

Securonix, Inc., a leader in Next-Gen SIEM and XDR, has announced that it has received more than $1 billion growth investment led by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, with participation from Volition Capital and Eight Roads Ventures. The new funding allows Securonix […]

Vendors took 2 Months to Fix Vulnerabilities: Google’s Project Zero

In 2021, security vendors took an average of 52 days to fix security vulnerabilities reported from Project Zero. To put it in context, this is a significant acceleration from an average of about 80 days 3 years ago. However, one needs to bear in mind that the quantum of attacks have more than tripled in […]

Cybercriminals can exploit Publicly Exposed Vulnerabilities in less than 24 hours: Truesec

Cybercriminals can now target more organisations by exploiting publicly exposed vulnerabilities to a greater extent than before, according to latest research by cybersecurity company Truesec. Also, Trusec has warned that cyber attacks are rapidly executed and that threat actors can gain complete control of an organization’s network in less than 24 hours. Attacks on the […]

NordVPN releases Open-source VPN speed-test tool

Leading virtual private network provider NordVPN has developed an open-source tool and methodology that helps to objectively measure and compare the speed of different VPN services. The tool accounts for a broad array of testing use cases, allows users to add and compare different VPN services, and provides detailed reporting. NordVPN is one of the […]

HelpSystems to Acquire Tripwire

HelpSystems has signed a definitive stock purchase agreement to acquire Tripwire, a leader of file integrity monitoring (FIM) solutions from Belden Inc. Nasdaq-listed Belden is a leading global supplier of specialty networking solutions. The size of the deal was not disclosed. With the ongoing increase in cyberattacks, Tripwire’s FIM solution gives resource-constrained organisations insights and […]

Washington State Department of Licensing System Breached: Impact yet unknown

Personal information of probably millions of licensed professionals stored in the Washington State Department of Licensing may have been exposed after it detected suspicious activity on its online licensing system. During the week of Jan. 24, 2022, the Department of Licensing (DOL) became aware of suspicious activity involving professional and occupational license data. “We immediately […]

Services Company Morley Hit by Ransomware Attack

Business services company Morley revealed that it was a subjected to a ransomware attack that may have resulted in the information of more than 500,000 individuals getting stolen. In letters sent to impacted individuals, Morley, which serves Fortune 500 and Global 500 companies across various industries, said the incident was discovered in August 2021, when […]

stc and Nozomi Networks Team to Deliver Advanced Cyber Security Solutions Across Saudi Arabia

stc Group, the largest digital enabler in the MEA region has partnered with Nozomi Networks, the leader in OT and IoT security, to address the growing demand for security services and solutions. These are designed to address IoT and OT cybersecurity requirements for customers in industrial automation, manufacturing, healthcare, public safety systems, smart cities, utilities […]

iCloud services face Outage

Some of Apple’s iCloud services appear are experiencing an outage, according to reports. According to the Apple System Status page, there are issues with ‌iCloud‌ Backup, ‌iCloud‌ Mail, ‌iCloud‌ Storage Upgrades, iCloud.com, iMessage, and Game Center. Some users are unable to log into the ‌iCloud‌ website, and others are having trouble with app-specific passwords or […]

Nearly 400 accounts of Crypto.com hacked

Following the hacking of nearly 400 customer accounts, Singapore-based Crypto.com said that it has not received any “outreach” from regulators. Confirming the development, Chief executive officer Kris Marszalek, during an online interview at Bloomberg’s Year Ahead virtual conference, said from Singapore that all customers have been reimbursed and he is prepared to share information on […]

Cyber Attack downs Dozen Ukrainian Government Websites

Dozens of Ukrainian government sites were hit by a cyberattack, with hackers warning people to “be afraid and expect the worst.” The attack took over websites of the Ministry of Foreign Affairs, Cabinet of ministers and security and defense council, posting a message on screens in Ukrainian, Russian and Polish that read: “Ukrainian! All your […]

Cybersecurity firm FortiGuard Reports New Ransomware “Rook”

FortiGuard Labs said that it has discovered a recently reported ransomware “Rook”. According to a publicly available report, Rook appears to be based on the leaked Babuk ransomware source code. One of the Rook’s victims is a financial institution in Kazakhstan which the ransomware gang stole more than 1,000 GB worth of data. What is […]

CISA, FBI, NSA & International Partners issue advisory to Mitigate Log4J Vulnerabilities

The Cybersecurity and Infrastructure Security Agency (CISA), along with the Federal Bureau of Investigation (FBI), National Security Agency (NSA), Australian Cyber Security Centre (ACSC), Canadian Centre for Cyber Security (CCCS), Computer Emergency Response Team New Zealand (CERT NZ), New Zealand National Cyber Security Centre (NZ NCSC), and the United Kingdom’s National Cyber Security Centre (NCSC-UK) […]

Enterprise Security provider Recorded Future acquires SecurityTrails

Recorded Future, a provider of intelligence for enterprise security has acquired SecurityTrails, the Total Internet Inventory and leading provider of Attack Surface Monitoring. Details of the transaction were not disclosed. Global digital transformation has rapidly moved organisations and governments into a cloud-first world and companies and professionals are spinning up tools, systems, and entire ecosystems […]

Chinese Firms with Overseas Listing plans to undergo Gov Security Review

In a move that signifies another step towards tightening its hold on China’s technology firms, the government said that it chalk out new rules on local platform firms which plan to list in the overseas stock markets. The Cyberspace Administration of China (CAC) said the new rules come into effect on February 15 and requires […]

Top Cybersecurity Trends in 2022

After a record year of cyber-attacks in 2021- from supply chain to ransomware, marked with sophistication not witnessed in the past, 2022 is set to bring its own set of challenges. Egress CEO, Tony Pepper is of the view that after the major supply chain hacks of 2021, this (supply chain) will become least trusted […]

Ransomware Attacks to get more Sophisticated in 2022

In 2021, ransomware attacks wreaked havoc all over the world. From corporations-large or small to governments across the world, nobody was spared. In many ways it’s like the COVID-19 virus. The only way it varies from it is with regard to the sophisticated attacks. What once used to be the domain of a bunch of […]

Germany’s Federal Cybersecurity watchdog issues Red Alert over Log4j

BSI, Germany’s federal cybersecurity watchdog, has issued a red alert warning, its highest, on a flawed piece of widely-used software. The cybersecurity company has said that it posed an “extremely critical threat” to web servers, Reuters reported. A vulnerability in a Java-based library known as Log4j can be exploited to allow a complete takeover of […]

Log4j vulnerability to affect millions of devices: US Gov

Top US government cybersecurity officials have cautioned that Log4j vulnerability will affect millions of devices. Advanced hackers will have a field day with the vulnerabilities, ZDNet reported quoting top US government officials. This vulnerability is one of the most serious that I’ve seen in my entire career, if not the most serious,” Jen Easterly, director […]

Japan Outlines Cybersecurity support for ASEAN Members

The Japan government has adopted its basic policy for helping developing countries to improve their cybersecurity capacity. As per the policy, Japan will expand the scope of its aid to cover economies in the Indo-Pacific region, after focusing its support in the field on member states of the Association of Southeast Asian Nations. The importance […]

Cossack Labs Makes Core Security Features Freely Available

British data security software company Cossack Labs updated its flagship open-source product Acra database security suite to version 0.90.0 and made many of its core security features previously available only for enterprise customers free in Acra Community Edition. Acra’s features enable swift implementation of application-level encryption in modern cloud applications, saving development costs and allowing […]

Radware & Oncore Cloud Services Partner for Cloud Protection Services

NASDAQ-listed cyber security solutions provider Radware and Toronto-based Oncore Cloud Services, a professional service provider have teamed up to help enterprise and public sector organisations secure their cloud migrations and protect their cloud assets. Oncore is reselling Radware’s cloud security portfolio, with a focus on Radware’s Cloud Native Protector. The portfolio provides Oncore with a […]

Moody’s acquires European Know Your Customer tech providers PassFort & 360kompany

Moody’s Corporation has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany), two European providers of onboarding and Know Your Customer (KYC) technology solutions. The acquisitions complement Moody’s technology, data, and analytical capabilities, and enhance its industry-leading customer solutions for KYC, anti-money laundering, compliance, and counterparty risk. “Our customers rely on […]

Cybersecurity firm Horangi Reaffirms Commitment towards SaaS Standards

Horangi, a Singapore-headquartered cybersecurity company which provides security solutions optimised for cloud-based organisations across Southeast Asia, has announced that it has successfully achieved SOC 2 Type II Compliance and Certification, making it one of the first cybersecurity companies in Asia to do so. This is a testament to Horangi’s ongoing dedication to advancing the maturity […]

Surge in phishing-as-a-service targeting Black Friday shoppers: Research

Research published by email security firm Egress has revealed a surge in phishing kits imitating major brands in the lead up to Black Friday, as security experts warn that cybercriminals are stepping up their phishing attacks over the holiday shopping season. The research, conducted in partnership with Orpheus Cyber, has lifted the lid on how […]

Crossword Cybersecurity Appoints Danone CIO to its Advisory Board

Crossword Cybersecurity Plc has announced the appointment of Naina Bhattacharya, Global Chief Information Security Officer at Danone S.A. (“Danone”). Naina Bhattacharya joins Crossword’s Advisory Board, which is made up of senior information security figures from the corporate world, academia, defence and government and provides a range of unique perspectives that benefit Crossword clients and inform […]

India & Estonia Explore Ways to collaborate on Cyber Security

India and Estonia have agreed to explore the possibility of setting up a dialogue on cyber security and explore new and emerging areas of cooperation such as health tech, startups, research, education and innovation during the 11th round of Foreign Office Consultations. This was held in Tallinn, Estonia’s capital. The talks were led by Reenat […]

UK Cyber Security Council gives its Nod to Diversity and Inclusivity Report

The UK Cyber Security Council – the charitable, self-regulatory body for the cyber security education and skills sector has given its nod to the findings from the diversity and inclusivity (D&I) report. In its response to Decrypting Diversity, a report by the National Cyber Security Centre (NCSC) on in the cyber security sector, Simon Hepburn […]

Retailer Schwarz Group Acquires Cybersecurity startup XM Cyber

Schwarz Group, the world’s fourth-largest retailer and a growing force in cloud computing, has acquired Israeli security startup XM Cyber. According to reports, Schwarz Group paid $US 700 million for acquiring XM Cyber. With the acquisition, the Schwarz Group prepares for future challenges regarding IT security. The Schwarz Group is a family-owned multinational retail group […]

Global Cyber Alliance joins UK Government’s Cyber Initiative

The Global Cyber Alliance (GCA) will participate in the UK Government Foreign, Commonwealth and Development Office (FCDO) Digital Access Programme (DAP) initiative. Digital Access Programme Through its Digital Access Programme (DAP), FCDO is now working with five countries – Brazil, Kenya, Nigeria, South Africa and Indonesia – to improve secure, safe, equitable digital access. Backed […]

Eaton expands Cybersecurity services to Asia-Pacific

Global power management company Eaton has introduced its cybersecurity life-cycle management services for operational technology (OT) and industrial control systems (ICS) in Asia Pacific. Based on the NIST Cybersecurity Framework as well as established IEC and UL industry standards, Eaton’s cybersecurity services are designed to help organizations establish secure industrial environments amidst the rise of […]

How US Dept of Homeland Security is set to Counter Cyber attacks

The United States Department of Homeland Security (DHS) launched the Cybersecurity Talent Management System (CTMS), a new personnel system that will enable DHS to more effectively recruit, develop, and retain its top cybersecurity professionals. CTMS will enable DHS to fill mission-critical cybersecurity positions by screening applicants based on demonstrated competencies, competitively compensating employees, and reducing the […]

Security Solutions provider Traka launches Experience Centres in Australia & South Africa

Traka, a global provider of intelligent management solutions in key and equipment, has launched its first Experience Centres. These are located in two strategic locations within the Asia Pacific, Middle East and Africa (APACMEA) division – Brisbane, in Australia and Johannesburg, in South Africa, the company said. The Centres will serve as an environment for […]

How a Singapore-based firm Suffered a Massive Data Breach

In another case of a data breach, personal data of almost 5.9 million Singaporean and South-east Asian customers of hotel booking site RedDoorz has been leaked. Industry watchers have dubbed this as Singapore’s largest data breach. Section 24 of the Personal Data Protection Act 2012 (“PDPA”) requires an organisation to protect personal data in its […]

How China is upping the ante on Data Regulation

Guangdong Province will ramp up efforts on data regulation by exploring the establishment of a “Data Customs”unit to review cross-border data flow and create a big data centre in the Guangdong-Hong Kong-Macao Greater Bay Area. Guangdong is in South China and this development was announced on Sunday. This move needs to be seen in the […]

Digital services provider Kerv acquires Security firm Gyrocom

Kerv, a cloud and digital transformation services provider, has acquired Gyrocom, a fast growing network and security integrator with a specialisation in SD-WAN. In addition to SD-WAN, Kerv’s strategic acquisition brings skills in managed networks and network security, including Secure Access Service Edge (SASE), the rapidly emerging cybersecurity solution, the company said in a statement. […]

Private Equity Consortium led by Advent to acquire McAfee

An investor consortium consisting of six investment firms announced that they were acquiring cyber security firm McAfee for $14 billion. This consortium led by US private equity firm Advent International will take the cyber security company private, according to reports. The consortium consists of Advent International, Permira Advisers, Crosspoint Capital Partners, Canada Pension Plan Investment […]

Outpost24 acquires IT Infra Security provider Specops

Outpost24, an innovator in identifying and managing cybersecurity exposure has acquired Specops Software, a provider of password management and user authentication solutions. Specops protects critical business data by blocking weak or compromised passwords and securing user authentication. Their automated solutions are natively integrated with Active Directory, making it easy to enforce password policy and prevent […]

Ransomware Attack Filings in first Half of 2021 Exceeds Whole of 2020: US Gov

From attacking government institutions to using Bitcoin for money laundering, ransomware seems to be the preferred modus operandi for criminals. The US Financial Crimes Enforcement Network (FinCEN) analysis of ransomware-related Suspicious activity Reports (SARs) filed during the first half of 2021 indicates that ransomware is an increasing threat to the US financial sector, businesses and […]

Yahoo Exits China after New Personal Info Protection Law comes into effect

One of the internet pioneers, Yahoo said that its sites are no longer available in China as the country’s Personal Information Protection Law comes into effect. “In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” Yahoo […]

US Gov & Japan Conduct joint Cyber Security exercise in Indo-Pacific

The US and Japan have conducted a joint cyber security exercise in the Indo Pacific region, as number of cyber attacks have increased alarmingly in 2021. United States Cybersecurity and Infrastructure Security Agency (CISA), Department of State (DOS), and Department of Energy (DOE) have lent their support to the Japan–U.S. Industrial Control Systems (ICS) Cybersecurity […]

Vietnam Govt’s Cyber Security Strategy yields results

In the first half of this year, Vietnam recorded nearly 3,000 cyber attacks, up nearly 30 per cent from last year, according to the Vietnam National Cyber Security Centre (NCSC). There were around 718 cyber attacks that were reported in June, according to NCSC data. In May, Minister of Information and Communications Nguyen Manh Hung […]

Vietnam sends Strong Signal to Counter Cyber Threats

One of Asia’s fastest growing economies- Vietnam has sent out a strong message to counter cyber threats. On October 27-28 the Ministry of Information and Communications’ Authority of Information Security organised an international conference and expo on cyber security. The exhibition introduced solutions such as cloud security, terminal security, mobile device security, identity and access […]

Desorden Group Attacks Thailand’s Central Restaurants Group

The Desorden Group is learnt to have breached Centara Hotels and Resorts network. The company acknowledged the breach and said in a statement: “On 14th October 2021, we were made aware of an alleged cyber-attack threatening the security of the Centara Hotels & Resorts network. Immediately after receiving the notification, we appointed a reputable, digital […]

Britian’s Spy Agency GCHQ to host its Data on AWS

Britain’s classified data will be hosted in the American tech giant’s cloud. GCHQ has entered into a deal with Amazon, which includes MI5 and MI6 to use the system provided by Amazon’s cloud computing arm AWS to store secret data as part of the deal, according to the Financial Times. All the agencies’ data will […]

Bitdefender & internet service provider SFR Partner for Cybersecurity Solutions across France

Cybersecurity provider Bitdefender and SFR, a leading European internet service provider (ISP), have formed a strategic partnership to deliver advanced cybersecurity capabilities to SFR broadband and mobile customers. Bitdefender collaborated with SFR to develop SFR Cybersécurité, a cybersecurity platform incorporating technology from Bitdefender Total Security, a market leading antimalware and VPN solution for Windows, macOS, […]

Azure network security helps reduce cost and risk: Forrester TEI study

As organisations move their computing from on-premises to the cloud, they are beginning to realise that leveraging cloud-native security tools can provide additional cost savings and business benefits to their security infrastructure. Forrester Consulting has just conducted a commissioned Total Economic Impact (TEI) study on behalf of Microsoft, which involved interviewing existing customers who have […]

Personal Records of Fullerton Health customers Leaked online

Personal details of Fullerton Health customers were stolen by hackers and leaked online, after a vendor of the private healthcare group suffered a breach earlier this month. The hackers claimed they managed to steal the data of some 400,000 people, including the insurance policy details of Singaporeans and also had personal details of children, according […]

Cyber security and Compliance solutions provider Sysnet acquires SecureTrust

Sysnet Global Solutions, a provider of cyber security and compliance solutions, has acquired SecureTrust, a division of Trustwave, to further expand its cyber security solutions and accelerate its market expansion. Chicago headquartered SecureTrust, a leading provider of Payment Card Industry (PCI) compliance, provides innovation and processes for achieving and maintaining compliance and security. Financial details […]

Microsoft adds Vietnam’s Startup CyRadar Solution to Security Software list

Tech giant Microsoft has added CyRadar Endpoint Detection and Response (EDR) to the list of security software recommended for use on Windows operating systems. CyRadar EDR is a next-generation antivirus solution developed by CyRadar, a Vietnamese pioneer startup in developing network attack prevention and detection systems using big data analysis, artificial intelligence (AI) and machine […]

Microsoft, Intel & Goldman Sachs Rise to tackle Supply Chain Security challenges

Trusted Computing Group (TCG) has announced a new work group that will define how TCG technologies can be implemented to address supply chain security challenges. Led by representatives from Microsoft, Intel, and Goldman Sachs, the work group will create guidance that defines, implements, and upholds security standards for the entire supply chain. With the number […]

US, EU & 30 Countries form International Counter-Ransomware Initiative

The US, European Union and 30 other countries have joined hands to counter the increasing menace caused by ransomware threats. Ransomware has become one of the most prevalent attack methods for criminals, from state-sponsored attacks to home-grown cybercriminals. It is estimated that by the end of 2021, there could be around 300 ransomware attacks, with […]

Mandiant to provide Cyber Security Teams with Training

Cyber security services provider Mandiant has announced its new training programme – Mandiant Academy. The programme leverages its threat intelligence, cyber security expertise, provides education courses, incident response and threat intelligence analysis certifications and operational skills training to meet the shifting needs of security teams. Delivered by frontline industry experts, Mandiant Academy is designed to […]

Australian Govt Designs New plan to protect against Ransomware Attacks

The Scott Morrison Government has chalked out a new action plan to protect the community and economy from ransomware attacks, announcing new criminal offences, tougher penalties and a mandatory reporting regime as part of a new and comprehensive Ransomware Action Plan. Minister for Home Affairs Karen Andrews said individuals, businesses, and critical infrastructure across Australia […]

French Cloud Provider OVHcloud faces Network Outage due to “Human Error”

OVHcloud said on Wednesday that it was experiencing a network outage following a “human error” during the reconfiguration of one of its data centres. “Following a human error during the reconfiguration of the network on our DC to VH (US-EST), we have a problem on the whole backbone,” OVH Founder and Chairman Octave Klaba said. […]

PwC Australia to Acquire Information Security provider WebSecure Technologies

In a move that strengthens its cyber security-related offerings, PricewaterhouseCoopers (PwC) Australia is set to acquire Sydney-based information security and risk management provider WebSecure Technologies Australia. WebSecure Technologies specialises in implementing digital identity and privileged access management (PAM) solutions, providing an end-to-end offering, including licensing, implementation, maintenance and support, as well as ongoing operational managed […]

Cambodia & Singapore to Strengthen Cyber Security capacity

Cambodia & Singapore will join hands to strengthen cyber security capacity in the region. Minister of Post and Telecommunications Chea Vandeth met virtually with Josephine Teo, Minister for Communications and Information of the Republic of Singapore to discuss strengthening the cybersecurity capacity of the two nations, according to a report in Khmer Times. According to […]

FontOnLake Malware to Attack Linux users in Southeast Asia: ESET

Researchers from security firm ESET have discovered a previously unknown malware family that utilises custom and well-designed modules, targeting operating systems running Linux. Modules used by this malware family, which ESET dubbed FontOnLake, are constantly under development and provide remote access to the operators, collect credentials, and serve as a proxy server. The location of […]

Singapore Gov launches Cybersecurity Toolkit for Organisations

The Cyber Security Agency of Singapore (CSA) has taken a significant step in its ongoing battle against cyber-attacks. It has launched the Cybersecurity Toolkits for Enterprises and new SG Cyber Safe Partnership Programme. These were announced by Minister of State for Communications and Information, Mr Tan Kiat How, at the SG Cyber Safe Partnership Programme, […]

Temasek, with others Invest $550 Million in Orca Security

Singapore’s Temasek has led a $550 million funding round in Israel-based Orca Security, a cloud security provider. U.S. engineering and enterprise IT services provider SAIC and the venture capital arm of Splunk Inc also invested in latest round, which is an extension of its previously announced Series C in March that valued Orca Security at […]

Singapore Unveils Proactive Cyber Security Strategy to counter Threats

Singapore has unveiled an updated national cybersecurity strategy, which takes a proactive stance against new cyber threats. The Singapore Cybersecurity Strategy 2021 outlines Singapore’s updated goals and approach to adapt to a rapidly evolving strategic and technological environment. Potential disruptive technologies such as edge computing and quantum technologies are on the horizon. Threat actors are […]

What caused the Facebook Outage: Cybersecurity Experts Decode

The outages which users of Facebook, Whatsapp and Instagram faced on Monday night could be due to DNS Disruption, ‘Hacktivism’ and BGS Updates, cyber security experts said. “Billions of users have been impacted by the services being entirely offline today,” tracker Downdetector wrote on its website. Cyber experts are of the view that a combination […]