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 […]

India Ranks second in Security Threats on cloud: McAfee report

India is now ranked second when it comes to security threats on Cloud, according to a McAfee report. India is followed by Australia, Canada and Brazil, and malware was the technique used most often in reported incidents, the report added. With the shift to a more flexible pandemic workforce, cyber criminals have introduced new and updated threats and tactics […]

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 […]

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, […]

Increased Digital adoption raises security issues: IBM 

IBM Security had announced the results of a global survey examining consumers’ digital behaviors during the pandemic and their potential long-term impact on cybersecurity. With society becoming increasingly shifting to digital-first interactions, the study found that preferences for convenience often outweighed security and privacy concerns among individuals surveyed, leading to poor choices around passwords and […]

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 […]

Cybersecurity budgets of Chinese companies continue to lag: EY Report

Almost 75 per cent of Chinese companies can’t fully handle cybersecurity challenges, in the backdrop of increase in ransomware, DDoS and other types of online threats According to the 2021 EY Global Information Security Survey, the increased changes due to COVID-19 and new requirements for law and regulation compliance, have resulted in organisations grappling with […]

Hong Kong to come up with Data Protection Regulations

The Hong Kong government is studying the need to enact a “Cyber Security Law” with aim to help society. According to a report in Sing Tao Daily, the Hong Kong government is looking to strengthen the security of its network information systems and important infrastructure information systems. It is understood that the research direction includes […]

Data of 12 million Businesses Documents Leaked Online

Details of 11.9 million documents from 29,000 offshore businesses and trusts containing 2.94 terabytes of data have been leaked. This leak was exposed by the International Consortium of Investigative Journalists (ICIJ), which consortium of journalists, made up of 600 reporters from 117 countries. ICIJ has released a trove of private financial documents that it said […]

Cyberattacks up almost 50% in China: Report

China captured about 23.07 million samples of rogue programs in the first half of 2021 that infected about 4.46 million main machines during the period, up 46.8 percent on a yearly basis. The document was released on the first day of the 2021 World Internet Conference Wuzhen Summit, China’s largest internet industrial expo, in Wuzhen, […]

Yokogawa Electric selects Trend Micro’s Cybersecurity Solutions for Industry 4.0 environments

Yokogawa Electric has selected four of Trend Micro’s cybersecurity products for the company’s industrial control systems (ICS). This collaboration will help the companies collectively drive more secure Industry 4.0 environments, company officials said. Yokogawa Electric selected four Trend Micro products developed by TXOne Networks for its customers. Together, they’re designed to offer virtual patching, network […]

Cyber Security Budgets of Chinese firms continue to Lag: EY

Almost 75 per cent of Chinese companies cannot fully handle cybersecurity challenges, in the backdrop of increase in ransomware, distributed denial-of-service (DDoS) attacks and other types of online threats. According to the 2021 EY Global Information Security Survey, the increased changes due to COVID-19 and new requirements for law and regulation compliance, have resulted in […]

Singapore to bring in Licenses for Cybersecurity Providers

The Cyber Security Agency of Singapore (CSA) is looking to bring in new licensing requirements for cybersecurity service providers. CSA is seeking industry feedback on the proposed licence conditions and draft subsidiary legislation under the licensing framework for cybersecurity service providers, authorities said. The consultation will commence on 20 September 2021 for a period of […]

Indonesian government’s network breached: Insikt Report

A group of hackers with links to the Chinese state have wreaked havoc amongst Indonesia’s government departments and agencies. According to a report in IntelNews.org, there was a major breach of networks belonging to at least ten Indonesian government ministries and agencies, which included Indonesia’s primary intelligence service. The breach was first reported on September […]

Indonesia Government’s Network Breached: Insikt Report

A group of hackers with links to the Chinese state have wreaked havoc amongst Indonesia’s government departments and agencies. According to a report in IntelNews.org, there was a major breach of networks belonging to at least ten Indonesian government ministries and agencies, which included Indonesia’s primary intelligence service. The breach was first reported on September […]

Indonesian government’s network breached: Insikt Report

A group of hackers with links to the Chinese state have wreaked havoc amongst Indonesia’s government departments and agencies. According to a report in IntelNews.org, there was a major breach of networks belonging to at least ten Indonesian government ministries and agencies, which included Indonesia’s primary intelligence service. The breach was first reported on September […]

PE firm Siris Capital in talks to acquire Cybersecurity firm Radware

Private equity firm Siris Capital is planning to acquire Cybersecurity company Radware.  Even as the talks were on, the deal is not assured and may fall apart, a CNBC report said, citing people familiar with the matter. Siris Capital, which has raised over $5.9 billion of cumulative committed capital, is a tech-focused investment firm. The size […]

PE firm Siris Capital in talks to acquire Cybersecurity firm Radware

Private equity firm Siris Capital is planning to acquire Cybersecurity company Radware. Even as the talks were on, the deal is not assured and may fall apart, a CNBC report said, citing people familiar with the matter. Siris Capital, which has raised over $5.9 billion of cumulative committed capital, is a tech-focused investment firm. The size of […]

Moody’s to invest US$250 million in cybersecurity firm BitSight

Moody’s Corporation, the global integrated risk assessment firm said that it will invest US$250 million in cybersecurity firm BitSight. As a part of the deal, BitSight, a pioneer in cybersecurity ratings, and BitSight will acquire VisibleRisk, a cyber risk ratings joint venture created by Moody’s and Team8, a global venture group. This significant investment by […]

Ransomware attacks continue to wreak havoc for businesses in Singapore

Like many other countries in Asia, companies in Singapore have been under siege – from ransomware attacks. In August, a ransomware attack affected the personal data and clinical information of nearly 73,500 patients of Eye & Retina Surgeons, a private eye clinic. However, the clinic said it has not paid any ransom, and pointed out […]

CIO’s Cybersecurity Playbook during COVID-19

In an increasingly connected world, cybersecurity is one of the most important aspects of any organisation. However, due to the COVID19 pandemic, various organisations had to accelerate their process of digital transformation much ahead of what they had actually planned. This led to a lack of a cybersecurity infrastructure along with a lack of awareness […]

Data breach affects Microsoft Azure users globally

Microsoft has admitted a security breach in its Azure Cosmos DB cloud system could affect many customers, which includes many Fortune 500 companies. Cloud infrastructure security company Wiz revealed details of a now-fixed Azure Cosmos database vulnerability that could have been potentially exploited to grant any Azure user full admin access to other customers’ database […]

In DCs, Physical & Software security needs to be in tune

An increase in the workload from remote locations, organisations have become vulnerable to cyber-attacks. But in the current scenario, along with the technological aspect, it is also important to keep in mind the physical security when it comes to data centres. But how are these aspects managed and followed? This was discussed in a panel […]