Australia Regulator sues FIIG Securities for Cybersecurity failures

Australian financial services firm FIIG Securities faces legal action from the Australian Securities and Investments Commission (ASIC) following a cybersecurity breach that exposed sensitive information of 18,000 clients. The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period,…

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Forcepoint Unveils AI-Powered DDR for Continuous Data Risk Intelligence and Remediation

Forcepoint Unveils AI-Powered DDR for Continuous Data Risk Intelligence and Remediation  Global security leader Forcepoint today announced the launch of its next-generation Data Detection and Response (DDR), bringing AI-powered speed and precision to data classification, risk analysis and automated remediation. Unlike traditional DDR solutions that rely on outdated, imprecise classification methods to identify data security risks, Forcepoint DDR…

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Majorana 1: Microsoft’s New Groundbreaking Quantum Chip With Topological Innovations

Microsoft has made a significant leap in quantum computing with the introduction of Majorana 1, a revolutionary quantum chip powered by a new topological core. This development could bring practical quantum computing much sooner than expected. Here are the five most important things to know about this breakthrough: 1. A Brand-New State of Matter For…

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Army to recruit cyber, IT Domain Experts for Advanced Warfare capabilities

The Indian Army is set to induct domain experts into its regular cadre to ensure a technologically advanced and battle-ready force. This initiative, announced by Deputy Chief of Army Staff Lieutenant General Rakesh Kapoor, marks a significant step in restructuring the Army in line with global military advancement. Addressing the media, Lieutenant General Kapoor said…

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93% of Indian executives anticipate a cyber-budget increase; PWC India Digital TrustInsight 2025

93% of Indian executives anticipate a cyber-budget increase next year, Gen AI is the topmost cyber investment priority: PwC India Digital Trust Insights 2025 The PwC India Digital Trust Insights 2025 features insights from 4,042 business, technology, and security executives across various regions, including 155 executives representing Indian businesses. Sivarama Krishnan, Partner and Leader, Partner & Leader,…

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Microsoft macOS Apps Vulnerability Allows Hackers to Record Audio/Video

Cisco Talos has identified eight security vulnerabilities in Microsoft applications running on the macOS operating system, raising concerns about potential exploitation by adversaries. These vulnerabilities, if exploited, could allow attackers to hijack the permissions and entitlements of Microsoft applications, leading to unauthorized access to sensitive resources such as microphones, cameras, and user data. The vulnerabilities…

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Reliance Jio, C-DOT spearhead cybersecurity push in El Salvador, Guatemala

India’s strategic foray into Central America: India is rapidly expanding its influence in Central America, particularly in the telecommunications and cybersecurity sectors. (Reuters) India is rapidly expanding its influence in Central America, particularly in the telecommunications and cybersecurity sectors. With a focus on El Salvador and Guatemala, India is set to make significant inroads, leveraging…

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Insurers to see limited hit from CrowdStrike disruption, Fitch says

The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike’s glitchy security software update that disrupted internet services worldwide last week, Fitch Ratings said. Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims would be…

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Intel Says No New Mitigations Required for Indirector CPU Attack

A team of researchers from the University of California San Diego has published a paper detailing a novel attack method targeting Intel CPUs. The chip giant says no new mitigations are required to address it.  The new attack, named Indirector, is similar to the well-known Spectre v2 or Spectre Branch Target Injection (BTI) attack.  These methods typically allow…

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