Tag: Cybersecurity

Cyber Attacks Down CDSL Services

Central Depository Services (India) (CDSL), the country’s largest depository, shared a status update on pending settlement activities after trade-related activity and a malware attack disrupted back-end operations. On Friday, November 18, 2022, “Central Depository Services (India) Limited (CDSL) detected malware in a few of its internal machines,” the company informed the stock exchanges, according to […]

Medibank Refuses to Pay Ransom Despite the Leaking Threats

Australia’s Medibank Private Ltd continues to refuse to pay a ransom of an undisclosed amount to cybercriminals, despite the hackers’ purported threats to expose the stolen data on the dark web. As Australia’s largest health insurer faces a potential class action after 9.7 million current and past clients’ data was compromised, a ransomware group has […]

Jason Lee Appointed As Splunk’s New Chief Information Security Officer

Splunk Inc., the leading data platform for security and observability, announced that Jason Lee, has been appointed as the Company’s Chief Information Security Officer (CISO).  Jason Lee will be in charge of all aspects of global security, including cloud and application security, operations, threat management, penetration testing, risk, and customer trust, the company said. At […]

Here’s What CISA Says Regarding Quantum Computing’s Emerging Threats

Cybersecurity and Infrastructure Security Agency (CISA) has updated its recommendations for critical infrastructure’s preparation for potential security concerns brought on by quantum computing. Quantum computing provides greater speed and power than classical computers. However, the emerging technology comes with potential risks, including data breaches, that could threaten the security of business transactions, secure communications, digital […]

More than a Dozen Companies Establishing Single Standard to Quickly Detect Cyberattacks

More than a dozen cybersecurity companies are working on a single, open standard for sharing data about hacking threats, a project that will help organizations detect cyberattacks more quickly. The initiative, where Amazon (AMZN), Cloudflare, CrowdStrike, IBM (IBM), Okta, and Salesforce (CRM) are involved, aims to address a critical bottleneck in threat information sharing: the […]

India Witnessed over 1.5 crore Phishing Attacks via Social Media in Q2

Phishing attacks via social media are on the rise and India witnessed over 1.5 crore such cyber threats in the second quarter (Q2) this year, an average of more than 17.5 lakh attacks per day which were blocked by Norton Labs, the cybersecurity company said. In the April-June period, Norton thwarted over 900 million threats […]

EY Works with Microsoft for Cloud Resilient Cybersecurity Centres in New Zealand

EY has announced that it will be launching two cybersecurity centres in New Zealand, with one in Auckland, a second in Wellington, and a potential third located in Christchurch. These cybersecurity centre will offer 24-hour cybersecurity services, and are supported by Microsoft Azure Sentinel, a cloud native security information and event management (SIEM) software solution. […]

Policybazaar Faces Cybersecurity Attack

IT systems of PB Fintech were breached on the 19th of July 2022 as certain vulnerabilities were identified in its systems and were subject to illegal and unauthorised access. PB Fintech is the parent company of Policybazaar, which is an Indian insurance aggregator and multinational financial technology company based in Gurgaon. “We wish to bring […]

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 […]

CROs & CISOs Ranked Digital Ecosystems as a Concern: TCS Study

Tata Consultancy Services (TCS) announced findings from its TCS Risk & Cybersecurity Study, which reveal that cyber executives may not be sufficiently prioritising threats from vulnerabilities within the value chain, beyond the immediate boundaries of their own organisations. When asked to rank where companies will see the greatest number of cyberattacks between now and 2025, ecosystem partners came […]

Cloudflare Opens Four New Data Centres in Australia and New Zealand to Tackle Cybercrime

Web performance and security company Cloudflare has stepped up its presence in Australia and New Zealand, opening four data centres in Adelaide, Canberra, Hobart, and Christchurch over the past 12 months. This latest round of expansion raises Cloudflare’s network to a total of nine cities across Australia and New Zealand (ANZ). Cloudflare’s global network spans […]

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 […]

Allianz Partners MGA Coalition for US and UK cyber insurance programmes 

Cyber insurance provider MGA Coalition has announced a new multi-year capacity partnership with Allianz to back its US and UK cyber programmes. Under the terms of the agreement, Coalition will have long-term committed capacity for its cyber insurance programmes, as Allianz will assume a share of all Coalition’s US non-admitted cyber programmes, while leading Coalition’s […]

Are organisations in South Asia Prepared to deal with Data breaches

During the COVID19 pandemic, India witnessed an increase in the number of cybersecurity incidents.  India had a total of 11,58,208 cyber security incidents in 2020-21. Cyber security attacks increased to 12,13,784 by October 2021, the Minister of State for Electronics and Information, Rajeev Chandrashekhar, informed the Rajya Sabha. Cyberattacks happen when it is least expected […]

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 […]

Ransomware Gangs Exploit Log4Shell flaw in VMware Horizon in Cyber Attacks

The Cybersecurity and Infrastructure Security Agency (CISA), a United States federal agency, has warned that hackers still pose a significant cybersecurity threat, as threat actors (some of whom are backed by states) are targeting VMware Horizon and Unified Access Gateway (UAG) servers using the Log4Shell remote code execution vulnerability. First discovered and disclosed in 2021, […]

Zscaler Establishes New Data Infrastructure Co-located within Equinix Data Centres in Canberra and Auckland

Cloud security company Zscaler has expanded its data centre infrastructure capacity across two sites in Canberra and Auckland, co-located within Equinix data centres. Zscaler’s expansion into these new sites complements and builds on its existing data centre infrastructures in Sydney and Melbourne, which are also co-located within Equinix’s data centres. Steve Singer, Zscaler Australia’s regional […]

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 […]

India & Bangladesh to partner in AI, Cybersecurity & Fintech

India and Bangladesh have decided to expand their strategic partnership to develop cooperation in the fields of artificial intelligence, cybersecurity, startups and Fintech, in addition to expanding ties in the railway sector, as well as cross-border river management and conservation. This was decided at the 7th meeting of the Joint Consultative Commission between the two […]

Kaspersky Opens New Transparency Centres in Japan, Singapore, and the United States

Cybersecurity provider Kaspersky has opened three additional Transparency Centres in Japan, Singapore, and the United States, expanding opportunities for customers and partners to learn more about Kaspersky’s engineering and data processing practices, as well as allowing customers to review Kaspersky’s source code and other areas of the business. The three new Transparency Centres’ opening is […]

Cloud Middleware Use by Cloud Service Providers Poses Unseen Security Risk: Wiz Research

In June 2022, researchers from Wiz Research, Nir Ohfeld and Shir Tamari, explained their findings regarding cloud middleware vulnerabilities on cloud virtual machines, at RSA Conference 2022. Their work builds off a previous study conducted in 2021, which uncovered secretly installed vulnerabilities on cloud services, such as the Azure Open Management Infrastructure (OMI) agent and […]

Rebranded Ransomware Gang Black Basta Now Targeting VMWare ESXi Servers

Uptycs Threat Research analysts revealed in a recent report that ransomware gang Black Basta has created ransomware binaries specifically targeting VMWare ESXi virtual machines which run on Linux servers. Most groups which are involved in enterprise ransomware attacks have zeroed in on ESXi virtual machines, because targeting these virtual machines enables ransomware groups to encrypt […]

IDC Study: 69% of CEOs Engaged in Cybersecurity Interactions, But Complex Challenges Remain

Released in April 2022 by the IDC, The Asia/Pacific (Excluding Japan) Security and Trust Study 2022 examines how security technology buyers in the region are addressing their cybersecurity concerns. Notably, the study found that although CEOs in the Asia Pacific region (excluding Japan) have become more actively engaged in cybersecurity interactions, the complexity of cyber […]

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, […]

SpiceJet faces Ransomware attack

Hundreds of SpiceJet airlines passengers were stranded at various airports in India due to a ransomware attack that impacted the morning flight departures on Wednesday. SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. It is the second-largest airline in the country by the number of domestic passengers carried. Confirming the development, a spokesperson informed that a ransomware […]

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 […]

Technology industry body raises concern on Indian authority’s directive on Cybersecurity breach

US-based technology industry body ITI, having international technology firms such as Google, Facebook, IBM and Cisco as its members, has sought a revision in the Indian authority’s directive on reporting cybersecurity breach incidents. ITI mentioned that the provisions underneath the brand new mandate might adversely affect organisations and undermine cybersecurity in the country. ITI nation […]

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 […]

Seven out of Ten Indian organisations hit with Ransomware attacks in 2021: Sophos

Seven out of ten (78 per cent) Indian organisations were hit with ransomware attacks last year, up from 68 per cent in 2020. The average ransom paid by the Indian organisations that had data encrypted in their most significant ransomware attack was $1,198 475, with 10 per cent of victims paying ransoms of $1 million […]

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. […]

New Ransomware attack to Hit Organisations every 11 seconds: Experts

There has been a constant increase in the number of cyberattacks happening in India and other parts of the world including India’s power grid systems. The Government of India has been working on initiatives to educate and create awareness about the different aspects of cybersecurity and how to prevent a cybersecurity incident in order to […]

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 […]

India’s leading Cybersecurity agencies probe Oil India Ransomware attack

The Intelligence Bureau (IB) and India’s two leading cyber security agencies — Indian Computer Emergency Response Team (CERT-In) and National Critical Information Infrastructure Protection Centre (NCIIPC) — have joined the probe into the ransomware attack on state-run explorer Oil India Limited’s (OIL) headquarters at Duliajan in upper Assam’s Dibrugarh district. Oil India Limited is the […]

More than 900 complaints of Cyber Harassment received from 257 Indian cities in 2021

The latest report by Cyber Bullying Action Awareness Prevention (CyberBAAP) revealed that cyber harassment cases have surged post-pandemic. It claimed to have received over 900 complaints from across 257 Indian cities last year. The majority of the complaints arose from trolling, followed by sextortion. The Founder of CyberBAAP, Nirali Bhatia, recently took to asynchronous social […]

India needs investment in Cybersecurity technologies: IT Minister

India has the opportunity to leapfrog in exponential technologies like cybersecurity and the country needs investment in these technologies to keep its enterprises and key infrastructure secure from bad actors, Union Minister of State for Electronics and IT and Skill Development Rajeev Chandrasekhar said. Inaugurating the IBM cybersecurity hub, he said that India needs such […]

Yotta Infrastructure partners with Virsec for Runtime protection services

Yotta Infrastructure is partnering with Virsec for runtime protection services through which enterprises across India that are either hosted at Yotta data centre or their captive on-premises data centre or any public cloud can get access to Virsec’s patented Deterministic Protection Platform (DPP). It is the only security solution that ensures precise protection against zero-day, ransomware and […]

Why Organisations are getting their Zero Trust Strategy Wrong

In the last few years, there has been an increase in the number of cyberattacks and it continues to grow.  More than 11.5 lakh incidents of cyberattacks were tracked and reported to India’s Computer Emergency Response Team (CERT-In) in 2021. According to official estimates, ransomware attacks have increased by 120 per cent in India, according […]

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 […]

7 out of 10 organisations experienced downtime due to Data loss in 2021: Acronis

In the year 2021, 80 per cent of organisations ran as many as 10 solutions simultaneously for data protection and cybersecurity yet more than half of them suffered downtime because of data loss. More solutions do not translate into more protection. This year, while 78 per cent of organisations globally run as many as 10 […]

Security flaw in Punjab State Power Corporation made consumer data accessible to Hackers

A “security flaw” in the Punjab State Power Corporation (PSPCL) website has made consumer data accessible to hackers, according to cybersecurity analyst and ethical hacker Sunny Nehra. The government-owned power utility has around 95 lakh consumers across Punjab. Nehra said that he discovered the alleged loophole in the PSPCL website while testing out its security when a friend of […]

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, […]

ICICI Bank’s mobile and internet banking services faced outage

ICICI Bank’s mobile and internet banking platforms faced outages on Friday due to a server issue that caused inconvenience to its customers. The services were restored within a few hours. ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Vadodara. The customers of the bank took to Twitter to complain […]

India’s Data Centres faced nearly 51 million Cyber Attacks in April-Dec 2021

The vulnerable exposed systems that are unmonitored and facing the internet, are the most attacked system for the attackers nowadays. According to a research done by The Institution of Electronics and Telecommunication Engineers (IETE) and CyberPeace Foundation (CPF) along with Autobot Infosec Private Limited, nearly 51 million attack events have been recorded between April to […]

UAE’s Cybersecurity Council signs an MoU with Huawei to strengthen cybersecurity

The UAE’s Cybersecurity Council has signed a Memorandum of Understanding with Huawei to collaborate in the strengthening of local strategies and efforts related to cybersecurity. The agreement was signed at the GISEC 2022 cybersecurity conference that was held between March 21st to 23rd at the Dubai World Trade Center. As per the memorandum, both parties […]

Malware detections in the UAE Rising since March

Daily malware detections in the UAE have been on the rise during March, according to new research by Acronis, a global cyber protection company. This trend exposes the critical need for cybersecurity in the region, especially for SMEs, said Candid Wuest, Acronis VP, Cyber Protection, speaking ahead of Gulf Information Security Expo & Conference (GISEC), an Arabian […]

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 […]

Microsoft expands its Cybersecurity Skill campaign to an additional 23 countries

Microsoft expands its cybersecurity skills campaign to an additional 23 countries. Cybersecurity continues to be a significant threat for organisations and individuals around the world and cybercriminals have become increasingly sophisticated and the threat landscape more diverse. These cybersecurity challenges are compounded by a workforce shortage, there aren’t enough people with the cybersecurity skills needed […]

5 Tips on How organisations can deal with Data Breaches

The COVID19 pandemic has resulted in an increased amount of vulnerabilities for some organisations which has led to them experiencing cybersecurity related incidents.  According to a Trend Micro report which was published previous year in the month of August. Nearly 73 per cent of organisations in India expect to experience a data breach that impacts […]

Axis Bank partners with Gujarat Police for Cyber Awareness and Fraud Protection

Axis Bank, India’s third-largest private sector bank has recently launched the #InnChoroSeSawadhaan film, a digital campaign on cyber awareness & fraud protection in partnership with the Gujarat Police. The purpose of the campaign is to create awareness among people on the latest modus operandi adopted by fraudsters to digitally dupe people of their hard-earned money, […]

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 […]

Data not Leaked to Chinese firms: Paytm Payments Bank

Paytm Payments Bank, an Indian payments bank headquartered in Noida has said that the media reports claiming data leak to Chinese firms are completely false, inaccurate and unverified. “India’s homegrown Paytm Payments Bank is proud to be a true believer and enabler of the Digital India initiative and is committed to driving financial inclusion in the […]

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 […]

ICONS partners with Versasec to battle against the rising number of Cyber Threats in India

Versasec, one of the leaders in credentials management systems (CMS) has announced a new strategic partnership with India based technology marketing and distributor company ICONS to combat cyber threats rising numbers in India. ICONS, whose technology portfolio includes Two-Factor and Multi-Factor Authentication, will now include Versasec’s credential management system vSEC:CMS. The clients and partners of ICONS […]

Commercial Banks in India reported Rs 1.38 trillion of frauds in 2020-21: RBI

In the aftermath of the COVID19 pandemic, number of online frauds have risen alarmingly in India, as a result of increased tech usage. According to a Statista report in 2020, the state of Maharashtra in India had the highest number of cyber fraud offences with over three thousand cases registered with the authorities. The country […]

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 […]

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 […]

India-based IT company completes Service Organisation Control 2 Type 1 Cybersecurity audit

ITShastra, an India-based IT services provider has announced that the company has completed the Service Organisation Control (SOC) 2 Type 1 audit- a critical barometer of a robust information security system. The audit indicated that ITShastra and its industry-leading technology platforms and solutions comply with the highest cybersecurity standards that ensure the best IT governance […]

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 […]

SIDBI and C-DAC collaborate on Cybersecurity, AI in the Banking Sector

The Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small & Medium Enterprises (MSMEs), have signed a Memorandum of Understanding (MOU) with the Centre for Development of Advanced Computing (C-DAC), a premier R&D organisation under the Ministry of Electronics and IT, Government of India, […]

ColorTokens expands Middle East presence

ColorTokens Inc., a US based Zero Trust cybersecurity platform company announced its long-term commitment to scaling across the Middle East. Headquartered in San Jose, California, ColorTokens reduces the complexity of defining and enforcing security controls in an increasingly complex digital world. The Xtended ZeroTrust Platform helps organisations to detect, contain, and eliminate threats across data […]

Cybersecurity & Data to be the top priority of CIOs in 2022

IT decision makers from leading Indian companies will be focusing on cyber security and data-backed decision making, as their key priority areas in 2022. Coming in the backdrop of a pandemic situation, businesses the world over have had to take a fresh look at the way they do business. With social distancing norms, remote working, […]

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 […]

How Health tech companies ensured Data Safety

Till date over 720 million Indians have been tested for COVID19 and the government of India is highly relying on the latest technologies for spreading awareness about COVID19 and vaccination drives. The latest technologies are being adopted by various organisations of different sectors in order to accelerate their process of digital transformation. But this also […]

Personal COVID19 data of Indians leaked online

Personal data of thousands of people in India has been leaked from a government server which includes their name, mobile number, address and COVID test result, and the information can be accessed through online search. The leaked data has been put on sale on Raid Forums website where a cyber criminal claims to have personal […]

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 […]

More than half organisations fail to implement zero-trust initiatives: Fortinet

Fortinet , a global leader in broad, integrated, and automated cybersecurity solutions unveiled the Global State of Zero Trust Report. The survey reveals that while most organisations have a vision of zero trust or are in the process of implementing zero-trust initiatives, more than half of organisations cannot translate this vision into the solutions they […]

India among top five targets for cyberattacks in the APAC region: Kaspersky

With an increase in the adoption of work from home environment. Organisations are becoming more vulnerable to cyber attacks. According to CheckPoint Research, India witnessed 1,803 cyber-attacks weekly per organisation on average in 2021. India is among the top five targets for cyber attacks in the APAC region, particularly security breaches that involve cyber espionage, according to cybersecurity and […]

Aditya Birla Fashion and Retail Ltd suffers data breach over 700GB data released online

Aditya Birla Fashion and Retail Ltd (ABFRL) suffered a data breach on its portal and the company is investigating the incident. Meanwhile, the company has assured that it will have no operational or business impact on its operations. The company has engaged forensic security experts to investigate the data breach incident where over 700GB of […]

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 […]

How travel companies are tackling cybersecurity

The COVID19 pandemic caused disruptions in the normal functioning of people’s personal and professional lives. Various restrictions were put in place for working and traveling. People had to work from home and put their travel plans on hold.Now post the emergence of Omicron, travel again has gone for a tailspin. Consider this- during Christmas, around […]

Honeywell and Acalvio Technologies launch solution to detect attacks across OT environments in commercial buildings

Honeywell and Acalvio Technologies announced today the launch of a new solution designed to detect known and unknown (zero-day) attacks across the operational technology (OT) environments in commercial buildings.  Honeywell Threat Defense Platform (HTDP) powered by Acalvio employs sophisticated active defense featuring autonomous deception tactics to outsmart attackers and provides high fidelity threat detection. Honeywell’s technology […]

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 […]