Zero Trust is Asia’s Top Priority for Cyber Security: BeyondTrust and iTNews Asia Survey
Zero Trust is a top cyber security priority for firms in the Asia Pacific over the next 12 to 18 months, with IT leaders considering it a vital aspect of their security strategies, according to a survey performed by BeyondTrust and iTNews Asia. The director of solutions engineering for BeyondTrust in APJ, Scott Hesford, says […]
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 […]
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 […]
51% Organisations believe that the Number of Cyberattacks will Increase in Smart Factories: Capgemini
A new report from the Capgemini Research Institute finds that 51 per cent of industrial organisations believe that the number of cyberattacks on smart factories is likely to increase over the next 12 months. Yet nearly half (47 per cent) of manufacturers say cybersecurity in their smart factories is not a C-level concern. According to the Capgemini report, […]
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, […]
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, […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
Is a traditional approach towards Cybersecurity Relevant anymore
India had reported a total of 11,58,208 cybersecurity incidents in 2020-21. Cybersecurity attacks increased to 12,13,784 till October 2021, the Minister of State for Electronics and Information, Rajeev Chandrashekhar, informed the Rajya Sabha. The nature of cybercrime is on an individual, organisation and state/society level. In the total cybercrime landscape, online social media fraud consists […]
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 […]
Vectra to offer free cybersecurity tools to organisations targeted by Ukraine-Russia conflict
Vectra AI, one of the leaders in AI-driven threat detection and response for hybrid and multi-cloud enterprises, announced that the company has decided to offer a slate of free cybersecurity tools and services to organisations who believe they may be targeted as a result of the Ukraine-Russia conflict. Bank websites and ATMs, as well as […]
Ukraine Gov Reaches out to Hackers for Cyber Defense
The Ukrainian government has reached out to volunteers from the country’s hacker underground to help protect critical infrastructure and conduct cyber spying missions against Russian troops. “Ukrainian cybercommunity! It’s time to get involved in the cyber defense of our country,” the post read, which was reported by Reuters. Further, the post asked hackers and cybersecurity […]
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 […]
Telecommunications Industry Association Releases World’s 1st Supply Chain Security Standard
The Telecommunications Industry Association, an industry association for the connected world has released the world’s first supply chain security standard, SCS 9001. This standard was developed specifically for the information and communications technology (ICT) industry. SCS 9001 is relevant for all ICT industry products, including software, hardware, and the services that connect to our global […]
Tier I Telco in South-east Asia Selects Israeli Cybersecurity Company to Protect SMEs
Nasdaq-listed Allot Ltd., a global provider of network intelligence and security-as-a-service (SECaaS) solutions for communication service providers and enterprises, announced today that a tier-1 telecom operator in Southeast Asia, has selected the Allot Secure unified family of solutions to provide cybersecurity protection to its Small and Medium-Sized Business (SMB) customers. The deal which was signed […]
Credit Suisse says Data Leaks Inconsequential: 90% of accounts closed
Financial major Credit Suisse which has come under fire from several media outlets for a huge data leak, exposing data of thousands of clients has issued a strong rebuttal. “Credit Suisse strongly rejects the allegations and insinuations about the bank’s purported business practices. The matters presented are predominantly historical, in some cases dating back as […]
Outage causes major banks in Canada go offline
Five major Canadian banks went offline for hours blocking access to online and mobile banking as well as e-transfers for customers. The banks reportedly hit by the outage include Royal Bank of Canada (RBC), BMO (Bank of Montreal), Scotiabank, and the Canadian Imperial Bank of Commerce (CIBC), according to reports from Bleeping Computer and others. […]
NordPass partners with Cowbell Cyber to help cyber insurance policyholders
Password manager NordPass Business has partnered with Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to medium enterprises (SMEs). NordPass is joining Cowbell Rx, Cowbell’s referral marketplace for cyber risk management and security solutions. From now on, Cowbell Rx policyholders get NordPass Business with a 15% pricing discount, the company said. Growing […]
Securonix Receives $1 billion Investment Led by Vista Equity Partners
Securonix, Inc., a leader in Next-Gen SIEM and XDR, has announced that it has received more than $1 billion growth investment led by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, with participation from Volition Capital and Eight Roads Ventures. The new funding allows Securonix […]
Vendors took 2 Months to Fix Vulnerabilities: Google’s Project Zero
In 2021, security vendors took an average of 52 days to fix security vulnerabilities reported from Project Zero. To put it in context, this is a significant acceleration from an average of about 80 days 3 years ago. However, one needs to bear in mind that the quantum of attacks have more than tripled in […]
Cybercriminals can exploit Publicly Exposed Vulnerabilities in less than 24 hours: Truesec
Cybercriminals can now target more organisations by exploiting publicly exposed vulnerabilities to a greater extent than before, according to latest research by cybersecurity company Truesec. Also, Trusec has warned that cyber attacks are rapidly executed and that threat actors can gain complete control of an organization’s network in less than 24 hours. Attacks on the […]
NordVPN releases Open-source VPN speed-test tool
Leading virtual private network provider NordVPN has developed an open-source tool and methodology that helps to objectively measure and compare the speed of different VPN services. The tool accounts for a broad array of testing use cases, allows users to add and compare different VPN services, and provides detailed reporting. NordVPN is one of the […]
HelpSystems to Acquire Tripwire
HelpSystems has signed a definitive stock purchase agreement to acquire Tripwire, a leader of file integrity monitoring (FIM) solutions from Belden Inc. Nasdaq-listed Belden is a leading global supplier of specialty networking solutions. The size of the deal was not disclosed. With the ongoing increase in cyberattacks, Tripwire’s FIM solution gives resource-constrained organisations insights and […]
Washington State Department of Licensing System Breached: Impact yet unknown
Personal information of probably millions of licensed professionals stored in the Washington State Department of Licensing may have been exposed after it detected suspicious activity on its online licensing system. During the week of Jan. 24, 2022, the Department of Licensing (DOL) became aware of suspicious activity involving professional and occupational license data. “We immediately […]
Services Company Morley Hit by Ransomware Attack
Business services company Morley revealed that it was a subjected to a ransomware attack that may have resulted in the information of more than 500,000 individuals getting stolen. In letters sent to impacted individuals, Morley, which serves Fortune 500 and Global 500 companies across various industries, said the incident was discovered in August 2021, when […]
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 […]
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 […]
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 […]
CISA, FBI, NSA & International Partners issue advisory to Mitigate Log4J Vulnerabilities
The Cybersecurity and Infrastructure Security Agency (CISA), along with the Federal Bureau of Investigation (FBI), National Security Agency (NSA), Australian Cyber Security Centre (ACSC), Canadian Centre for Cyber Security (CCCS), Computer Emergency Response Team New Zealand (CERT NZ), New Zealand National Cyber Security Centre (NZ NCSC), and the United Kingdom’s National Cyber Security Centre (NCSC-UK) […]
Enterprise Security provider Recorded Future acquires SecurityTrails
Recorded Future, a provider of intelligence for enterprise security has acquired SecurityTrails, the Total Internet Inventory and leading provider of Attack Surface Monitoring. Details of the transaction were not disclosed. Global digital transformation has rapidly moved organisations and governments into a cloud-first world and companies and professionals are spinning up tools, systems, and entire ecosystems […]
Chinese Firms with Overseas Listing plans to undergo Gov Security Review
In a move that signifies another step towards tightening its hold on China’s technology firms, the government said that it chalk out new rules on local platform firms which plan to list in the overseas stock markets. The Cyberspace Administration of China (CAC) said the new rules come into effect on February 15 and requires […]
Top Cybersecurity Trends in 2022
After a record year of cyber-attacks in 2021- from supply chain to ransomware, marked with sophistication not witnessed in the past, 2022 is set to bring its own set of challenges. Egress CEO, Tony Pepper is of the view that after the major supply chain hacks of 2021, this (supply chain) will become least trusted […]
Ransomware Attacks to get more Sophisticated in 2022
In 2021, ransomware attacks wreaked havoc all over the world. From corporations-large or small to governments across the world, nobody was spared. In many ways it’s like the COVID-19 virus. The only way it varies from it is with regard to the sophisticated attacks. What once used to be the domain of a bunch of […]
Germany’s Federal Cybersecurity watchdog issues Red Alert over Log4j
BSI, Germany’s federal cybersecurity watchdog, has issued a red alert warning, its highest, on a flawed piece of widely-used software. The cybersecurity company has said that it posed an “extremely critical threat” to web servers, Reuters reported. A vulnerability in a Java-based library known as Log4j can be exploited to allow a complete takeover of […]
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 […]
Cybercrimes increased by 64% in Gujarat: National Crime Records Bureau
During the COVID19 pandemic when human interaction was limited and people had to rely on online services, digital transactions witnessed a huge jump last year. This increase in digital traffic also led to an increase in cybercrimes due to limited awareness and preparedness. The report on Crime in India released by National Crime Records Bureau […]
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 […]
Eaton expands Cybersecurity services to Asia-Pacific
Global power management company Eaton has introduced its cybersecurity life-cycle management services for operational technology (OT) and industrial control systems (ICS) in Asia Pacific. Based on the NIST Cybersecurity Framework as well as established IEC and UL industry standards, Eaton’s cybersecurity services are designed to help organizations establish secure industrial environments amidst the rise of […]
How US Dept of Homeland Security is set to Counter Cyber attacks
The United States Department of Homeland Security (DHS) launched the Cybersecurity Talent Management System (CTMS), a new personnel system that will enable DHS to more effectively recruit, develop, and retain its top cybersecurity professionals. CTMS will enable DHS to fill mission-critical cybersecurity positions by screening applicants based on demonstrated competencies, competitively compensating employees, and reducing the […]
India based cybersecurity company recorded its net sales at 103.79 crore in September 2021
Quick Heal Technologies, an India based cybersecurity software company recorded net sales at Rs 103.79 crore in September 2021 up 25.26 per cent from Rs. 82.86 crore in September 2020. The company recorded a quarterly net profit at Rs. 34.65 crore in September 2021 up 22 per cent from Rs. 28.40 crore in September 2020. […]
Security Solutions provider Traka launches Experience Centres in Australia & South Africa
Traka, a global provider of intelligent management solutions in key and equipment, has launched its first Experience Centres. These are located in two strategic locations within the Asia Pacific, Middle East and Africa (APACMEA) division – Brisbane, in Australia and Johannesburg, in South Africa, the company said. The Centres will serve as an environment for […]
How a Singapore-based firm Suffered a Massive Data Breach
In another case of a data breach, personal data of almost 5.9 million Singaporean and South-east Asian customers of hotel booking site RedDoorz has been leaked. Industry watchers have dubbed this as Singapore’s largest data breach. Section 24 of the Personal Data Protection Act 2012 (“PDPA”) requires an organisation to protect personal data in its […]
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 […]
ColorTokens partners with CyberMonks to bring Zero Trust Platforms to customers
ColorTokens an innovator in SaaS-based Zero Trust cybersecurity solutions, announced that it has signed a strategic partnership agreement with CyberMonks, an EMEA first Managed Security Services Distributor, to bring the protection of ColorTokens Xtended ZeroTrust Platform to CyberMonks customers. The partnership will help CyberMonks make Zero Trust a reality for MSPs and their end customers. The Xtended ZeroTrust […]
How China is upping the ante on Data Regulation
Guangdong Province will ramp up efforts on data regulation by exploring the establishment of a “Data Customs”unit to review cross-border data flow and create a big data centre in the Guangdong-Hong Kong-Macao Greater Bay Area. Guangdong is in South China and this development was announced on Sunday. This move needs to be seen in the […]
Foreign spy agency hacks into China’s Airlines, Passenger Records Stolen: Ministry of State Security
Chinese officials have disclosed that a foreign intelligence agency hacked several of its airlines in 2020 and stole passenger travel records. The hacking campaign was disclosed last week by officials from the Ministry of State Security (MSS), China’s civilian intelligence, security, and secret police agency and was reported in The Record. The hacking campaign was […]
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 […]
National Cybersecurity Strategy in the Final Stage of Clearance: National Cybersecurity Coordinator
As India has faced increasing number of cyber-attacks and threats from nation states, the country is in the final stages of clearing its cyber security strategy. Rajesh Pant, National Cybersecurity coordinator Lt. Gen (retired) has said that India is in the final stage of clearing a National Cybersecurity Strategy due to an increase in the […]
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 […]
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 […]
Desorden Group Attacks Thailand’s Central Restaurants Group
The Desorden Group is learnt to have breached Centara Hotels and Resorts network. The company acknowledged the breach and said in a statement: “On 14th October 2021, we were made aware of an alleged cyber-attack threatening the security of the Centara Hotels & Resorts network. Immediately after receiving the notification, we appointed a reputable, digital […]
Bitdefender & internet service provider SFR Partner for Cybersecurity Solutions across France
Cybersecurity provider Bitdefender and SFR, a leading European internet service provider (ISP), have formed a strategic partnership to deliver advanced cybersecurity capabilities to SFR broadband and mobile customers. Bitdefender collaborated with SFR to develop SFR Cybersécurité, a cybersecurity platform incorporating technology from Bitdefender Total Security, a market leading antimalware and VPN solution for Windows, macOS, […]
Azure network security helps reduce cost and risk: Forrester TEI study
As organisations move their computing from on-premises to the cloud, they are beginning to realise that leveraging cloud-native security tools can provide additional cost savings and business benefits to their security infrastructure. Forrester Consulting has just conducted a commissioned Total Economic Impact (TEI) study on behalf of Microsoft, which involved interviewing existing customers who have […]
Personal Records of Fullerton Health customers Leaked online
Personal details of Fullerton Health customers were stolen by hackers and leaked online, after a vendor of the private healthcare group suffered a breach earlier this month. The hackers claimed they managed to steal the data of some 400,000 people, including the insurance policy details of Singaporeans and also had personal details of children, according […]