Page 19 - Cybersecurity

World's largest NFT marketplace OpenSea hacked, users lost NFTs

OpenSea Co-Founder and CEO, Devin Finzer acknowledged the phishing attack, confirming that 32 users have lost NFTs so far.

Russian hackers accessed sensitive US defence information for 2 yrs

Compromised entities have included CDCs supporting the US Army, US Air Force, US Navy, US Space Force, and DoD and intelligence programmes.

Cyberattacks knock out websites of Ukrainian army, major banks

At least 10 Ukrainian websites were unreachable due to the attacks

11% jump in cyber crime in 2020, NCRB data in Home Panel report

A total of 50,035 cases in 2020 were registered under cyber crimes, showing an increase of 11.8 per cent in registration over 2019 (44,735 cases).

Vehicle cybersecurity firm SecureThings raises $3.5 mn in funding

The company will use the funding for product enhancement, business growth in India and overseas, augmenting the India and US teams, and sales and marketing

Hackers hit Fortune 500 service provider, data of over 500K people leaked

Morley Companies that provides services to several Fortune 500 companies, has admitted it was hit with a ransomware attack

Biden signs memo improving cybersecurity across defence, intelligence sect

Biden signed a memorandum to bolster the cybersecurity of the US defense and intelligence communities' networks.

CrowdStrike launches $100-mn Falcon Fund-II for investment in cybersecurity

CrowdStrike Holdings Inc announced the launch of Falcon Fund-II, a $100-million investment vehicle, in partnership with Accel focused on cross-stage private investments within cybersecurity

Chinese police rap Walmart for violating cybersecurity laws: Local media

Walmart is already a target of accusations in the country for supposedly stopping sales of products from Xinjiang

China to order cybersecurity reviews for firms seeking overseas listings

Companies will not be allowed to list abroad if the review finds that national security could be impacted, the regulator said in a statement on its official WeChat account

What is Log4j? An expert explains the latest internet vulnerability

The software is used to record all manner of activities that go on under the hood in a wide range of computer systems

Indian cybersecurity industry logged $9.85 bn as revenue in 2021: Study

Industry was 'at the forefront' in supporting government, says senior civil servant.

Indian cybersecurity industry hits $9.8 bn in revenue: Nasscom

The Indian cybersecurity industry is also expanding its global footprint, with a presence in the US, Canada, the UK, France, Australia, Singapore, and the UAE

Wipro to acquire cybersecurity provider Edgile for $230 million

Edgile's cybersecurity and risk management professionals are expected to allow Wipro to further enhance its cybersecurity and risk consulting capabilities

Year in review: Five technologies and trends that did not work in 2021

Here is a look at the disappointing aspects of 2021

India's cyber spending isn't catching up amid rise in security breaches

In 2020-21, the initial budget for cybersecurity was Rs 310 crore but was pared down to Rs 170 crore in the revised estimates

China, Iran, N Korea and Turkey exploiting software flaw: Microsoft

Microsoft has warned that the hackers linked with the governments of China, Iran, North Korea and Turkey have moved to exploit a critical flaw in software used by big tech firms around the world.

Explained: The security flaw that's freaked out the internet

Security pros say it's one of the worst computer vulnerabilities they've ever seen. They say state-backed Chinese and Iranian hackers and rogue cryptocurrency miners have already seized on it. The Department of Homeland Security is sounding a dire alarm, ordering federal agencies to urgently eliminate the bug because it's so easily exploitable and telling those with public-facing networks to put up firewalls if they can't be sure. The affected software is small and often undocumented. Detected in an extensively used utility called Log4j, the flaw lets internet-based attackers easily seize control of everything from industrial control systems to web servers and consumer electronics. Simply identifying which systems use the utility is a prodigious challenge; it is often hidden under layers of other software. The top US cybersecurity defense official, Jen Easterly, deemed the flaw one of the most serious I've seen in my entire career, if not the most serious in a call Monday with st

Israel's NSO considering sale or shutdown of Pegasus unit: Report

Talks have been held with several investment funds about moves that include a refinancing or outright sale, said the people, who asked not to be identified as the discussions are private.

Need tighter regulations to deal with cybercrimes: IT minister in Lok Sabha

There is a need for tighter regulations to deal with cybercrimes, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Wednesday. Replying to questions in Lok Sabha, Vaishnaw underlined the need to have "a lot of discussions and a broader consensus" on bringing "stricter norms" for over-the-top (OTT) platforms to check the telecast of movies and serials that create disharmony among various communities and religions. "This subject of cybercrimes, the way it is affecting our children, actually there is a need to have a consensus for making much tighter regulation. There is no doubt about it," the minister said during the Question Hour. "(Whenever) we make cyber laws tighter by even a little bit and try to implement it, all of our members start shouting that democracy is being throttled and people's right to freedom is being taken away," added. Raising the issue of cybercrimes and children becoming victim of cyber bullying, Congress member Hibi Eden had .