Page 18 - Cybersecurity

7 in 10 cybersecurity professionals losing battle against hackers: Report

Nearly 7 in 10 cyber-security professionals globally, including from India, lament that they are losing ground against the growing breed of hackers and nation-state bad actors, a report showed

AI has moved from experiment to adoption: IBM Research AI's Sriram Raghavan

Raghavan talks about how AI is evolving, its use by governments as well as bad elements, and the significance of IBM Labs India

New mobile banking 'Trojan' virus prowling in Indian cyberspace, warns govt

A new mobile banking 'Trojan' virus -- SOVA -- which can stealthily encrypt an Android phone for ransom and is hard to uninstall is targeting Indian customers, the country's federal cyber security agency said in its latest advisory. The virus has upgraded to its fifth version after it was first detected in the Indian cyberspace in July, it said. "It has been reported to CERT-In that Indian banking customers are being targeted by a new type of mobile banking malware campaign using SOVA Android Trojan.The first version of this malware appeared for sale in underground markets in September 2021 with the ability to harvest user names and passwords via key logging, stealing cookies and adding false overlays to a range of apps," the advisory said. SOVA, it said, was earlier focusing on countries like the US, Russia and Spain, but in July 2022 it added several other countries, including India, to its list of targets. The latest version of this malware, according to the advisory, hides itse

70% of Indian firms hit by a ransomware attack in last 3 years: Report

A year ago, a sophisticated attack on a provider of IT management software led to the compromise of scores of MSPs and thousands of downstream customers

8 in 10 Twitter accounts fake, claims top security expert as Musk laughs

Tesla and SpaceX CEO Elon Musk went after Parag Agrawal-led platform once again, after a top cybersecurity expert claimed that as high as eight in 10 Twitter accounts are fake

Cybersecurity on the agenda: Skill gaps worsen India's cyber-defence system

Owing to the immense demand for cybersecurity professionals, the employee base will touch 305,000 by 2022

Israel, US sign cyber-financial agreement, strengthen economic cooperation

Israel and the US signed the first agreement for cyber-financial cooperation, the Israeli Ministry of Finance has said in a statement

Over 50% India firms raise ICT budget, cybersecurity key concern: Report

More than 50% of enterprises in India have significantly increased their information and communications technology (ICT) budget this year compared to 2021, a report showed on Thursday

HDFC Bank may introduce credit scores for third-party vendors

Latest Reserve Bank of India data showed that in 2021-22, frauds to the tune of Rs 60,414 crore were reported, down 56.28 per cent from Rs 1.38 trillion in 2020-21

WhatsApp's new privacy features: Here's everything you need to know

WhatsApp New Privacy features will be rolled out by the end of August. What are its key takeaways? How it would improve your experience? Here's everything you need to know

Microsoft catches spyware group targeting customers using Windows bugs

Microsoft has caught an Austrian company selling spyware based on multiple Windows and Adobe zero-day exploits to attack its customers

T-Mobile to pay US customers $350 mn in settlement over massive data breach

In the proposed settlement, T-Mobile also agreed to spend an extra $150 million on cybersecurity through the end of 2023.

Cert-In extends deadline for VPN cybersecurity norms till Sept 25

CERT-In directions, released on April 28, mandate service providers to keep records of every information and communication technology (ICT) transaction for a minimum of 180 days

Sebi tweaks cybersecurity and cyber resilience framework for AMCs

The new framework will come into force from July 15

Govt's cybersecurity rules risk creating 'environment of fear': Tech firms

Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech companies has warned the government

World Economic Forum 2022: The world is bullish on the Indian economy

The first post-pandemic in-person meeting at Davos took place with reduced participation amid a war raging in Europe, but witnessed spirited debates

CERT-In directives won't impact corporates' business viability: MoS IT

Rajeev Chandrasekhar's comes in the wake of cyber security directives issued by the MeitY's CERT-In that mandates reporting of cybersecurity incidents and misuse of virtual private networks

Pegasus row: SC extends time for submitting probe report on use of spyware

The Supreme Court extended the time for submitting the report by the apex court-appointed technical and supervisory committees to look into the Pegasus row

India to press ahead with strict cybersec rules despite industry concerns

NEW DELHI (Reuters) - India will not change upcoming cybersecurity rules that force social media, technology companies and cloud service providers to report data breaches swiftly, despite growing industry concerns, the government said on Wednesday.

Why new CERT-In rules will be game changer in India's cyber security space

Experts believe that though the rules are very broad in nature, this is the first time that a mechanism is being put in India that makes reporting cyber incidents mandatory