Page 10 - Cybersecurity

Olympics 2024: Cybercriminals eye 'gold' as millions flock to Paris

Cybersecurity experts say that Indian travellers going to the Olympic event are equally vulnerable to the threats

Cybercrime costs to hit $10.5 trn by 2025: How insurance may save your biz

Cyber insurance is crucial for any organisation that uses digital systems and holds sensitive information

CRPF alerts Indian cyber security agencies to 'indecorous content' on X

The Central Reserve Police Force (CRPF) has flagged the Indian cyber security agencies about instances of some "inappropriate content" popping up on social media platform X on Wednesday when its abbreviated name was searched on the platform. Official sources said the search results on the popular platform pertain to sexually explicit images and links. "CRPF has noticed that social media users may come across some inappropriate content while searching for CRPF keyword on social media platform X. CRPF has raised the issue with relevant authorities and is working to resolve the same," the force said on its official X handle. A source told PTI that the "inappropriate content" was being noticed when the abbreviated version of the force is searched on X (formerly Twitter). The CRPF, with about 3.25 lakh personnel, is the country's largest paramilitary force and is deployed in three major internal security theaters of the country-- anti-Naxal operations, counter-terrorist combat and ...

Crowdstrike's update on Microsoft outage: 'Issue found, fix deployed'

Microsoft outage: Crowdstrike clarified that the outage was not caused by a cyberattack but due a defect in an update, which has been identified, isolated and a fix has been deployed

Different faces of bank frauds

Customer education is the key to combating digital fraud, while improved credit appraisal, underwriting, and risk management can help contain loan fraud

Looking to invest in AI, cybersecurity, Bharat: Accel's Prayank Swaroop

Accel is known for early investments in companies such as Meta, Slack, Dropbox, Flipkart, and Swiggy

Social media platforms worry new data law could affect child safety, ads

Tech giants Google, Meta, YouTube, and Snap are concerned over India's new Digital Personal Data Protection Act's restrictions on behavioural tracking of children as they may compromise child safety

Amidst Chinese cyberattacks, Cisco to set up cybersecurity centre in Taiwan

Democratically governed Taiwan, which Beijing views as its own territory, has repeatedly complained of cyberattacks coming from China

Quad transformed from security dialogue into multifaceted tie-up: Report

The new report titled 'Quad: Diplomacy and Cooperation in the Indo-Pacific' assesses the Quad's achievements and potential amidst the ongoing geopolitical churn

Disruptive attacks doubled, Russia behind many: Europe's cybersecurity exec

Disruptive digital attacks, many of which have been traced to Russia-backed groups, have doubled in the European Union in recent months and are also targeting election-related services, according to the EU's top cybersecurity official. Juhan Lepassaar, head of the European Union Agency for Cybersecurity, or ENISA, told The Associated Press in an interview that attacks with geopolitical motives have steadily risen since Russia's full-scale invasion of Ukraine on Feb. 24, 2022. The number of hacktivist attacks (against) European infrastructure threat actors whose main aim is to cause disruption has doubled from the fourth quarter of 2023 to the first quarter of 2024, Lepassaar said late Tuesday at the agency's headquarters in Athens. It's quite a significant increase," he said. Citizens from the EU's 27 member states will vote June 6-9 for lawmakers in the European Parliament in an election that will also shape the EU's executive branch, the European Commission. Elections, also due

What is 'digital house arrest'? Find out how to avoid this new scam

Digital house arrest - a new form of cybercrime - involves trapping victims in their homes to defraud them where criminals create fear by making audio or video calls, impersonating law enforcement off

Global alternative firm Investcorp acquires NSEIT for Rs 1,000 crore

NSEIT is a leading provider of advanced digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking

Britain's new 'world first' laws crack down on smart gadget cyber attacks

All internet connected smart devices will be required to meet minimum security standards under what the UK government has dubbed as world first laws, effective from Monday to protect consumers and businesses from hacking and cyber-attacks. Under the new regime, manufacturers will be banned from having weak, easily guessable default passwords like admin or 12345 and if there is a common password, the user will be prompted to change it on start-up. An investigation conducted by the Which? consumer group found that a UK home filled with smart devices could be exposed to more than 12,000 hacking attacks from across the world in a single week, with a total of 2,684 attempts to guess weak default passwords on just five devices. From today, consumers will have greater peace of mind that their smart devices are protected from cyber criminals, as we introduce world first laws that will make sure their personal privacy, data and finances are safe, said UK Minister for Cyber Viscount Camrose, .

Quick Heal Technologies Q4 results: Net profit at Rs 14 cr, revenue up 62%

Global cybersecurity firm Quick Heal Technologies has reported a consolidated net profit of Rs 14.04 crore in the March 2024 quarter. The company had suffered a loss of Rs 6.64 crore in the corresponding quarter of the previous fiscal. Its revenue from contracts with customers rose 62.39 per cent to Rs 80.03 crore against Rs 49.28 crore in Q4 FY23, according to a regulatory filing by the company on Thursday. For FY24, it has reported about four-fold increase in net profit to Rs 24.24 crore from Rs 6.40 crore in FY23. Its revenue for FY24 increased 4.91 per cent year-on-year to Rs 291.75 crore. Quick Heal Technologies CEO Vishal Salvi in a statement said the company's board has approved further investments in new solutions and products to strengthen its portfolio. "We eagerly anticipate the enforcement of the recently announced DPDP Act and are prepared to leverage our data classification solutions to support its implementation," he added. The company's board has proposed a divid

Hackers subverted security devices to spy on governments, says Cisco

In a statement, the company said it urged customers to take immediate action to update their software. It did not give further details on the breaches, which it said dated back to earlier this year

Indian businesses saw 235,472 ransomware incidents from Jan-Dec 2023

In 2023, India witnessed ransomware attacks against different organisations - a major healthcare institution, government departments, Indian telecom company, as well as power and utility company

Data protection law needs clarity on risk threshold for breaches: Group

BSA, which represents the global software industry, wants companies to get at least 72 hours to report data breaches

Microsoft-backed cybersecurity firm Rubrik aims to raise $713 mn in IPO

Goldman Sachs, Barclays, Citigroup, and Wells Fargo are the lead underwriters for Rubrik's IPO

Cyberspace integral part of country's security: NCSC Lt Gen M U Nair

Cyber space is an integral part of national security and it can have an impact on decision making, National Cyber Security Coordinator Lt Gen M U Nair said on Thursday. He was delivering the valedictory lecture at the grand finale of the 48-hour non-stop competition 'Pentathon 2024' at the Amity University's Noida campus. The competition is an initiative of the Ministry of Education. "Cyber space today is an integral part of national security which can not only impact decision making but also cause disruption of services," Nair said. "Data consumption is highest in India, and therefore, users need to be aware of challenges faced due to poor cyber hygiene," said the National Cyber Security Coordinator (NCSC), who functions under the National Security Council Secretariat (NSCS) and coordinates with different agencies at the national level for cyber security matters. Nair asked the participants to find solutions to challenges in the cyber landscape and also identify cyber attacks by

As world leans on GenAI, cyber risks are a new worry for organisations

India is among countries at the highest risk from sophisticated cyberattacks. But only 4% of organisations in the country have 'mature' security systems to counter such threats