Page 4 - Cyber Threat

US, India, Taiwan representatives collaborate on Cybersecurity workshop

India's former National Cyber Security Coordinator Lt. Gen. Rajesh Pant said that with over 800 million internet users and 1.2 billion smart phones, cybersecurity is a major part of national security

Logs missing in 42% cyberattacks; small business most vulnerable: Report

Sophos' Active Adversary Report found 83% organisations targeted had less than 1,000 employees

Operation Chankra-2: CBI searches 76 locations against cyber criminals

The CBI has conducted searches at 76 locations across the country under Operation Chakra-2 after registering five separate cases of cyber-enabled financial frauds, officials said on Thursday. One of the cases pertains to a racket siphoning off Rs 100 crore of Indian citizens through a cryptocurrency fraud, they said. The case was registered on the basis of inputs provided by the Financial Intelligence Unit (FIU), the officials said. Two cases were registered on a complaint from Amazon and Microsoft that the accused ran call centres and posed as technical support of the companies to target foreign nationals, they said. Nine call centres were searched by the Central Bureau Investigation (CBI) under the operation, the officials added. The details of two other cases were not shared by the agency because of the ongoing operation. The CBI has acted on inputs from FIU, FBI, Interpol and other international agencies, they said. The searches were conducted at locations in Uttar Pradesh,

90% firms experienced cyberattacks; 83% opted to pay attackers: Report

The 2023 Chief Information Security Officers (CISO) report found that 86% security officers believe generative AI could bridge skill gap in their security teams

Cyber insurance gains momentum in India, set to witness growth: Deloitte

The cyber insurance market in India is expected to grow by 27-30 per cent in the coming years, a Deloitte report said forecasting cyber insurance gaining momentum. The report indicates that the current Indian cyber insurance market is valued at USD 5060 million, maintaining a steady 2730 per cent compound annual growth rate (CAGR) in the past three years. "This growth is expected to continue for the next 35 years, driven by an increased awareness of the need for cyber insurance," the report 'Cyber Insurance in India' said. It identifies industries heavily involved in digitisation, such as IT, pharma, and manufacturing, as well as those integrated with broader economic sectors like supply chain, retail, critical industries, and finance, to be the prime targets of cybercriminals. "These sectors are typically early adopters of cyber insurance," it said. The report included a survey of several Chief Information Security Officers (CISO), with 70 per cent of respondents expressing ...

Apple users at risk; CERT-IN issues warning citing security vulnerabilities

Attackers could exploit the vulnerability by sending specially crafted messages such as tricking users into visiting a malicious website or opening a malicious attachment

Defending against cyber threats: Strategies for identifying and mitigating risks

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AYUSH Jharkhand allegedly hacked, records of 320,000 patients leaked

CloudSEK in its report also warned that the leaked data could enable account takeovers

36 govt websites faced hacking incidents in first six months of 2023

As many as 36 websites of ministries and departments under the central and various state governments faced hacking incidents in the first six months of 2023, Parliament was informed on Wednesday. Cyber security watchdog CERT-In tracked these incidents. According to data shared by Minister of State for Electronics and IT Rajeev Chandrasekhar in Lok Sabha, a total of 1,12,474 cyber security incidents have been tracked by CERT-In. "The government is continuously engaged in formulating policies and setting technical standards in the cyberspace to holistically ensure accessible internet and to mitigate threats & vulnerabilities in the cyberspace," Chandrasekhar said in a written reply. As per the data, 36 websites of ministries and departments under the central and various state governments faced hacking incidents. The minister also shared that over 4.29 lakh cyber security incidents pertaining to financial institutions occurred in the first half of 2023.

Market regulator Sebi mulls consolidated framework for cyber security

Regulator's consultation paper proposes to supersede 15 circulars issued earlier

How better cyber sense, zero trust can help overcome the new 'CEO scam'

According to the recent PwC report, CEOs of Indian companies are increasing cyber investments, adjusting supply chains, and changing their physical footprint in response to geopolitical conflict

91% of Indian organisations experienced ransomware attacks in 2023: Report

100% of Indian organisations expect to suffer an identity-related compromise in 2023. 61% anticipate AI-enabled attacks. 80% expect layoffs and workforce churn to create new cybersecurity issues

CoWIN data breach a national emergency: Cyber law expert Pavan Duggal

The bot is ultimately managed by someone else. The minimum action that is required is a criminal investigation. CERT-IN doesn't have penal investigation powers

Ransomware attacks, human error main cause of cloud data breaches: Report

Half of IT professionals surveyed in India believe that security threats are increasing in volume or severity

Haryana sees 5,000% jump in cyber crime complaints since 2019

Haryana saw a jaw dropping rise of almost 5,000 per cent in cyber crime incidents since 2019, registering 66,784 such complaints in 2022, officials said on Thursday. The state in 2019 had logged 1,362 cyber crime complaints, which rocketed by 4,803.40 per cent by the end of 2022, according to the data. In the first three months of 2023 alone 25,659 complaints of cyber crime have been recorded, the officials said. The average monthly receipt of complaints increased from 272 in 2019 to 956 in 2022, 1,313 in 2021, 5,565 in 2022, and 8,553 in the first three months of 2023, they said. To deal with the rising number of complaints received on cyber crime helpline number '1930', Haryana police has increased call lines from six to ten and number of people manning the lines from 18 to 40. Haryana's Additional DGP (Crime) O P Singh said the victims of cyber crime were being attended to round-the-clock by police. Haryana Police recovered Rs 56.9 crore from the cyber frauds in the past three

Unregistered devices in hybrid work increase hacking risk in India: Report

As hybrid work empowers employees to work from anywhere and ensures business continuity for enterprises, the use of unregistered devices by employees has increased the risk around hybrid work in India

Global cybersecurity market grows 16% to reach $17.8 billion in Q3

Palo Alto Networks was the number one vendor in the quarter, growing 24.9 per cent and increasing its market share to 8.4 per cent, up from 7.8 per cent in Q3 2021

Two arrested after Twitter posts threat to 'shoot up a synagogue'

Two men who were arrested at New York's Penn Station after authorities spotted social media posts about attacking a synagogue represented a real danger to the city's Jewish community, Mayor Eric Adams said Monday. This was not an idle threat," Adams said at a news conference where he was joined by officials from the FBI, the Metropolitan Transportation Authority and other agencies involved in the arrests early Saturday of Christopher Brown, 21, and Matthew Mahrer, 22, on charges including criminal possession of a weapon. This was a real threat, he said. According to the criminal complaint against him, Brown made a series of threats on Twitter including, on Thursday, Gonna ask a Priest if I should become a husband or shoot up a synagogue and die," and then on Friday, "This time I'm really gonna do it. Authorities linked the tweets to Brown, of Aquebogue, on Long Island, and identified Mahrer, of Manhattan, as an associate, said Michael Driscoll, head of the FBI's New York office. A

Consulting firms stepping up to build stronger cyber armour for businesses

Cyber threats, especially ransomware, have spiked in the past 12-18 months largely due to the highly digitised post-pandemic economy. Some experts have pegged the rise at 38% over pre-pandemic levels

Global cost of cybercrime may reach $10.5 trillion by 2025: Interpol

Incidents of cybercrime and online child abuse are significantly underreported, and the global cost of cybercrime is expected to reach $10.5 trillion by 2025