Page 8 - Cybersecurity

India emerges as the top global target for mobile malware attacks: Report

Surpassing US and Canada, India has topped the global mobile malware target list, however, it has reduced its rank among malware origin points, finds Zscaler report

Japan's top chip distributor Macnica eyes acquisitions in India, China

Yokohama-based company, which often draws comparisons with factory automation provider Keyence Corp., may also conduct acquisitions to expand into other arenas, such as cybersecurity

Banks urge RBI for boards' workload mgmt, flag cyber security concerns

Cybersecurity risks, customer centricity issues flagged

IT, ITeS must adopt Cloud and boost security, says Airtel Business

White paper says sector facing rising cyber threats, competition in Southeast Asia, and data deluge

India sees 135,173 financial phishing attacks in H1 2024, says study

The number of attacks rose 175 per cent compared to the same period last year

US accuses China of vast cyber-espionage campaigns against telecoms

The hackers infiltrated networks of multiple telecommunications companies to steal customer call records and compromise communications belonging to a limited number of people in government agencies

BS BFSI Summit: Banking experts emphasise customer vigilance on cyber fraud

Banking industry leaders highlight growing cybersecurity challenges and customer education efforts while speaking with Manojit Saha at Business Standard BFSI Insight Summit

Finmin asks banks to focus on cybersecurity to ensure customer protection

Concerned over the growing instances of cyber frauds, the finance ministry on Tuesday asked public sector banks (PSBs) to align their digital and cybersecurity frameworks with industry best practices and ensure customer protection and operational continuity as top priorities. During a review meeting chaired by the Department of Financial Services (DFS) Secretary M Nagaraju, discussions were held on enhancing the robustness of PSBs, building on recent financial achievements, and addressing strategic challenges with key focus on financial performance indicators, assets and liabilities management, cyber resilience, and digital payments infrastructure. The secretary exhorted the public sector banks (PSBs) to accelerate the pace of lending to agriculture and MSMEs as well as deepen financial inclusion. PSBs were asked to continue strengthening their financial and operational frameworks, particularly in light of the evolving market dynamics and cyber security needs, the finance ministry .

India needs stronger cyber security measures to tackle breaches: Experts

The cyber security experts on Tuesday raised concern over the increase in cases of cyber attacks in India and stressed the need for stronger measures to tackle the problem. The thoughts were shared during a release of a report titled 'The Invisible Hand' by PRAHAR, an NGO, which focuses on such issues in the public domain which, if not addressed, can cause helplessness among Indian citizens. According to PRAHAR's statistical projections, India will be attracting nearly one trillion cyber attacks annually by 2033. By the time the country turns 100 in 2047, it will face a target of 17 trillion cyber attacks. "This staggering scale underscores the urgent need for a robust, large-scale cyber defence apparatus to safeguard the nation," it said. Expressing grave concerns on cyber attacks, Abhay Mishra, national convenor and president of PRAHAR, said there are two types of cyber attacks. The first involves traditional hackers who exploit vulnerabilities in systems for financial gain or ..

MHA warns of cybercriminals using 'mule' accounts for money laundering

The Union Home Ministry has issued an alert against illegal payment gateways created by transnational gangs of cybercriminals using mule bank accounts and are being used for facilitating money laundering, officials said on Monday. The gateways are created by transnational cybercriminals who provide money laundering services using accounts of shell companies and individuals, exploiting the bulk payout facility provided by banks, it said. Police in Gujarat and Andhra Pradesh recently conducted nationwide raids which showed that cybercriminals have set up illegal digital payment gateways using rented bank accounts for laundering the proceeds of different crimes. "Some of the payment gateways identified during the operation are PeacePay, RTX Pay, PoccoPay, RPPay etc. These gateways are learnt to be providing money laundering as a service and are operated by foreign nationals," a government statement said. When information gathered by the state police was analysed by the Indian Cybercri

Indian manufacturers eye 2-3x profit growth with Industry 5.0: PwC report

Nearly half of Indian manufacturers said they invested in supply chain resilience with real-time analytics. Over 50% of them focus on sustainability, and 46% on strengthening cybersecurity

First Asean-India cybersecurity policy dialogue held in Singapore: MEA

A key ASEAN-India policy dialogue was held in Singapore on Wednesday during which both sides exchanged views on cyber threat, national cyber policies, and the recent developments in the ICT domain at the United Nations. The First ASEAN-India Track 1 Cyber Policy Dialogue explored cooperation in capacity building and training to identify specific areas of activities, the Ministry of External Affairs said. As announced by Prime Minister Narendra Modi on October 10 during the 21st ASEAN-India Summit held in Vientiane, Lao PDR, this dialogue was held on Wednesday in Singapore, it said. The dialogue was co-chaired by Amit A Shukla, who is Joint Secretary in the Cyber Diplomacy Division of the Ministry of External Affairs, and Jeffrey Ian Dy, the Undersecretary for Infrastructure Management, Cyber Security, and Upskilling, Department of Information and Communications Technology of the Philippines, the Philippines being India's Country Coordinator for ASEAN-India dialogue relations. "Duri

Cybersecurity jobs jump 14% over past year; Bengaluru tops list: Report

Increasing focus on data safety witnessed an average 14 per cent rise in job postings for cybersecurity professionals over the last one year, according to a report released on Tuesday. The report by global job site Indeed is based on data derived from job postings and job clicks on its platform between September 2023 and September 2024. "As our lives move online, companies are focusing on keeping data safe, which is driving the demand for cybersecurity experts. It's a fast-growing field with lots of opportunities," Indeed India Head of Sales Sashi Kumar said quoting the report. Cybersecurity job postings jumped 14 per cent over the past year, reflecting the increased demand for experts, he added. Meanwhile, the report revealed that Bengaluru leads the country in cybersecurity job openings, accounting for nearly 10 per cent of listings, followed by Delhi-NCR (4 per cent), remote jobs (2.2 per cent), Hyderabad (2 per cent), and Mumbai (2 per cent). Bengaluru's dominance stems from i

Is your phone at risk? CERT-In reveals vulnerabilities in Android & Chrome

CERT-In has reported serious security issues affecting older versions of Google Chrome, which make users vulnerable to attacks if they visit malicious websites

India second highest target for ransomware attacks in Asia Pacific: Report

Global ransomware attacks have risen by 18 per cent, with India's top three targets being the manufacturing, telecommunications, and technology sectors

Hacker builds website to leak insurer Star Health's data days after lawsuit

While it's unclear if the website was made by the same individual Star Health sued, the hacker claims that a senior Star Health official sold the data and later tried to renegotiate terms

U'khand CM Dhami reviews cyber security infra after malware attack

Uttarakhand Chief Minister Pushkar Singh Dhami held a high-level meeting reviewing the recent malware attack that temporarily closed down the state's data centre. Taking stock of the situation, he directed the officials to complete the scanning of the state's data centre and restore all the important websites and online services by Monday. Malware is a type of computer virus used to steal data. He said, "It should be ensured that all websites start operating by Monday." During the meeting, State Information Technology Secretary Nitesh Jha said that there has been no data loss due to malware on virtual machines in the data centre of the Information Technology Development Agency. He said that out of 1378 machines, 11 were affected by malware. The data centre has been scanned several times in the last two days. Many websites, including e-office and CM helpline, have been restored. The chief minister said that to prevent the recurrence of such cases, a 'Cyber ??Security Task Force' w

Dark side of tech: AI-driven cyberattacks call for better security measures

In a world increasingly reliant on technology, cybercriminals are misusing artificial intelligence (AI) to execute sophisticated attacks, posing significant threats to individuals and organisations alike, according to an expert. Recent high-profile data breach reports involving Star Health exemplify this alarming trend, highlighting the urgent need for upgraded cybersecurity measures. In a conversation with PTI, Sneha Katkar, Head of Strategy and Product Custodian for the cybersecurity firm Quick Heal's antivirus lineup, pointed out that the landscape of cybercrime has undergone significant evolution. "Cyber criminals today are not operating manually; they are using AI to automate attacks. They are using artificial intelligence to actually conduct these attacks. It's so sophisticated in nature that the best of the best fall prey to it," she noted. This automation allows them to bypass traditional security measures, making it challenging for even the most robust systems to defend ..

Uttarakhand CM reviews cybersecurity after cyberattack on data center

Chief Minister further ordered that a disaster recovery centre should be established for the security of the online platform and recovery of online data related to various departments

Quick Heal rolls out India's first anti-fraud AI solution; shares fly 9%

Quick Heal share price surged after the company announced that it has rolled out India's first fraud prevention solution, AntiFraud.AI. Quick Heal also highlighted that the solution is 'Made in India.