Tag: ransomware

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 […]

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 […]

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, […]

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, […]

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 […]

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 […]

Ransomware attacks rise by 13% in the past year: Verizon

There has been an alarming rise in ransomware breaches globally, including in India, which increased by 13 per cent in the past year, representing a jump greater than the past 5 years combined according to the “Verizon Business 2022 Data Breach Investigations Report (2022 DBIR)”. The report analysed 23,896 security incidents, of which 5,212 were […]

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 […]

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 […]

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 […]

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 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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

How organisations in South Asia are tackling Cyber Threats?

On 16th December 2021, W.Media hosted its digital event ‘SA Enterprise & Cloud Cyber Security Summit 2021’ Renowned technology experts from the industry were a part of this digital event Renowned thought leaders and industry experts will be a part of this event IPS Loknath Behera, Managing Director, Kochi Metro Rail Ltd, Burgess Cooper, Cybersecurity […]

India requires 3 million cybersecurity experts

The COVID19 pandemic has led to organisations making a lot of changes in their way of working. But what efforts has the government been making to ensure a strong cybersecurity infrastructure? “During the pandemic most organisations had adapted to work from home in which cybersecurity is playing a crucial role. Unauthorised intrusion cybersecurity vulnerability is […]

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 […]

Are Organisations in South Asia doing enough to tackle Cyber Threats?

Cybersecurity breaches are one of the most prominent and challenging situations that organisations face. With remote working and workload shifting to cloud, organisations have become more vulnerable to possible cybersecurity incidents. With even some of the most secure platforms/organisations, including the likes of Facebook and Apple falling prey to cybersecurity breaches, data is at perpetual threat. Further, the COVID-19 pandemic […]

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 […]

How India’s CoWIN healthcare app has kept Cyber Attackers at Bay

The importance of cybersecurity holds significant importance in the healthcare sector, considering that it is tasked with secure records maintenance of a billion people. According to a reports, in a cyber-attack in December 2020, data on the Pfizer/BioNTech COVID-19 vaccine was stolen and released online illegally. According to a BBC report, the National Cyber Security […]

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 […]

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 […]

Sensitive information of about 1.2 million WordPress customers of GoDaddy compromised: Reports

GoDaddy has revealed that nearly 1.2 million of its WordPress customers’ sensitive information has been compromised. In a blog post, GoDaddy’s Chief Information Security Officer (CISO) Demetrius Comes said that they’ve discovered unauthorised access to its managed WordPress servers, a Business Insider report added. “Up to 1.2 million active and inactive Managed WordPress customers had their email address […]

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 […]

Critical information of 180 million Punjab National Bank’s customers was at risk: Reports

Vulnerability in Punjab National Bank’s (PNB) servers put the critical financial and personal information of 180 million customers at risk for around seven months according to the cybersecurity firm CyberX9. The vulnerability provided access to the entire digital banking system of the bank with administrative control, the agency said. According to CyberX9, the vulnerability was […]

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 […]

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 […]

3 out of 4 organisations experienced cyber-incident related downtime during festive season: McAfee

81 per cent of global organisations experienced increased cyber threats with 79 per cent experiencing downtime due to a cyber-incident during a peak season, according to McAfee Enterprise and FireEye’s report titled ‘Cybercrime in a Pandemic World: The Impact of COVID-19’ Findings reveal that it is important for organisations to prioritise and strengthen their cybersecurity architecture. The findings […]

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 […]

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 […]

Why Organisations need to think Out-of-the-Box to Tackle Emerging cybersecurity Threats

On 27th October, W.Media hosted its digital event “Zero Breaches & Threat Intelligence – The next big thing in cybersecurity”. The event’s sponsors were Qualys and Tata Communications. Renowned technology experts from the industry were a part of this digital event, Prof. Triveni Singh, IPS SP, Cyber Crimes, UP Police, Debashish Jyotiprakash, CTSO-APAC & Managing […]

Ransomwware Attacks to Evolve further, become more widespread in 2022: McAfee Survey

McAfee Enterprise and FireEye have released their 2022 Threat Predictions, examining the top cybersecurity threats they predict enterprises will face in 2022. Ransomware, nation states, social media and the shifting reliance on a remote workforce made headlines in 2021. Bad actors will learn from this year’s successful tactics, retool, and pivot them into next year’s […]

India recorded more than 50,000 Cyber Crimes in 2020

The COVID19 pandemic has given the rise to cybercrimes. The nature of cybercrime is on an individual, organisation and state/society level. The question here is what is the importance of awareness when it comes to cybersecurity.  Prof Triveni Singh, IPS SP. Cybercrimes, Uttar Pradesh Police, India in a digital event by W.Media on “Zero Breaches […]

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 […]

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, […]

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 […]

Acer confirms cyberattack on its India offices

Acer has confirmed a cyberattack on its offices in India this week after hackers with the Desorden Group claimed to have breached servers and stolen 60GB of files. The group emailed ZDNet about the hack, claiming to have access to the customer and corporate business data as well as financial information. When asked, the hackers denied it […]

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 […]

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 […]

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, […]

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 […]

Singapore to Implement 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 […]

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 […]

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 […]

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 […]

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 […]