Page 16 - Cyber Security

India becomes favourite destination for cyber criminals amid Covid-19

Year 2020 saw one of the largest numbers of data breaches and the numbers seem to be only rising

3.5 million MobiKwik users' data up for sale, company denies claim

The leak was first reported in February by security researcher Rajshekhar Rajaharia, which the company had denied at the time

1.55 million cyber security incidents in 2019, 2020: Govt tells Lok Sabha

Over 15.5 lakh cyber security incidents have been reported in the last two years and 11.58 lakh of them were recorded in 2020 alone, the Lok Sabha was informed on Tuesday.

White House task force met to discuss Microsoft software weaknesses

The group, which met on Monday, "included private sector members for the first time" who were invited "based on their specific insights to this incident," she said

150,000 security cameras hacked, exposing Tesla, prisons, hospitals

Hackers gained access through a 'Super Admin' account, allowing them to peer into the cameras

Cyber security critical for digital banking success: SBI official

Cyber security is critical for the success of digital banking and banks should create the infrastructure to win customers' trust for all such transactions, a senior SBI official said on Wednesday. Digital banking or Figital is here to stay and is the future but it is equally important to safeguard the interests of all stakeholders, State Bank of India (SBI) Deputy Managing Director and Chief Digital Officer Ravindra Pandey said at a webinar. "It is important to win the customers' trust in any system. It is the objective of banks to create and win the customers' trust, such that all transactions are routed through banks as is presently done by multiple payment apps," Pandey was quoted as saying in a release issued by industry body PHD Chamber of Commerce & Industry. The official said that fintech has bought about changes in the customer mindset and it is an era of techfins rather than fintech. Digital banking has helped in enhancing customer relationship, engagement and ...

India needs a cohesive strategy to protect itself from cyber attacks

The lack of a cohesive cyber-strategy and poor investment on safety by small and medium companies leave India vulnerable to hackers

Are we ready for cyber attacks on infrastructure?

The fears of future cyber attacks on India's economic infrastructure is real and rising

Data sharing, cybersecurity top concerns for banks, customers: Deloitte

Data sharing, cybersecurity and data protection have emerged as the top concern areas for the banks as well as customers, the report said

Best of BS Opinion: Dealing with cyber-attacks, don't cut fuel taxes & more

Here's a selection of Business Standard opinion pieces for the day

Swiss firm Terra Quantum uncovers vulnerabilities that imperil encryption

The company believes it's found a security weakness that could jeopardise the confidentiality of the world's internet data, banking transactions and emails

Over 290,000 cyber security incidents related to banking reported in 2020

Union Minister Dhotre informed the Parliament on Thursday

Over 100,000 Zyxel firewalls, VPN gateways at hacking risk: Report

Dutch cybersecurity researchers have discovered backdoor account in 100,000 networking devices manufactured by Zyxel, that can grant hackers access to those vulnerable devices and put data at risk

2021 may see people using technology to thrive, not just survive

Technology to get smarter in new year

Cyberattack constitutes risk to US security, was carefully planned: Biden

US President-elect Joe Biden on Tuesday said the recent massive cyberattack on US companies and federal agencies represents a grave threat to national security and was well planned and carried out

Over 5% more malicious files detected every day in 2020: Kaspersky

Global cybersecurity firm Kaspersky's detection systems discovered an average 360,000 new malicious files daily in the past 12 months, 5.2 per cent more than in the same period last year

Banks need to hire chief risk officers to deal with cybercrimes: Deloitte

The banking industry needs to upgrade its IT infrastructure and appoint experienced chief risk officers to effectively deal with incidence of cybercrimes, says a report by Deloitte India

Kaspersky hires new Business Manager Rohit Sood for India market

Cyber security company Kaspersky on Saturday announced to appoint Rohit Sood as its Business Manager for the government and smart cities verticals in India

Microsoft unveils highly-secure Pluton chip to protect Windows PCs

Microsoft has unveiled a new security chip called Pluton that has been designed to protect the future Windows PCs

Cyber attacks up multi-fold, says India's cyber security coordinator

Every day, four lakh pieces of malware are found and 375 cyber-attacks are witnessed