Chinese hackers hijacked thousands of TP-Link WiFi routers for covert Cyberattacks
Microsoft observed that a covert Chinese botnet, relying on compromised TP-Link routers, commits stealthy password-spraying attacks, only attempting to access accounts once per day. This malicious operation was discovered in August 2023 and employed an average of 8,000 compromised devices at any given time, according to a new report by Microsoft Threat Intelligence. The botnet…
“Nastiest Malware List of 2024, Unveiled by OpenText Cybersecurity
OpenText has revealed its highly anticipated “Nastiest Malware of 2024” list, spotlighting the year’s most notorious cyber threats. In its seventh year, OpenText’s cybersecurity experts have identified the most relentless and adaptive malware trends impacting industries worldwide. This year, ransomware aimed at critical infrastructure takes center stage, highlighting an urgent call for reinforced security to…
Fidelity Investments reports data breach, impacting more than 77,000 customers
Fidelity Investments has confirmed that it suffered a major data breach to US authorities. In its filing with the Office of the Maine Attorney General, the US-based asset manager said the incident, which occurred in August, exposed the personal information of more than 77,000 customers. Fidelity Investments added that it had commissioned external security experts…
Delta Air Lines’ IT Outage Lawsuit: CrowdStrike Countersues
Crowdstrike in a countersuit says massive flight delays at the Atlanta airport, shown here on July 23, stemmed from Delta’s own IT infrastructure and incident response shortcomings. CrowdStrike has countersued customer Delta Air Lines, accusing the airline of employing a lawsuit as a smokescreen to hide its own IT and incident response inadequacies. At issue…
Healthcare Orgs remain top targets for threat actors in 2024;14M patients targeted reports SonicWall
61% of healthcare companies experienced a cloud cyberattack in the yr2023, with 86% of these attacks resulting in financial losses or significant damages. Healthcare remains top amongst favorite for Cybercriminals, 14M patients affected in the U.S. have been affected by data breaches in 2024 so far, reports SonicWall . 91% of the healthcare data breaches…
Growing Success of OpenAI & Cybersecurity challenges Sparks Nadella’s pay rise to $79.1 million
Microsoft CEO Satya Nadella’s pay package for fiscal 2024 has increased significantly, reaching $79.1 million. This represents a 63 per cent rise from the previous year, largely due to stock awards. It is his largest compensation since 2014, when he received $84 million upon becoming CEO. Microsoft’s advancements in artificial intelligence and its investment in OpenAI…
India’s Star Health says it received $68,000 ransom demand after data leak
Star Health India’s biggest health insurer, on Saturday said it had received a ransom demand of $68,000 from a cyberhacker in connection with a leak of customer data and medical records. Star, which has a roughly $4 billion market cap, is battling a reputational and business crisis since Reuters reported on Sept. 20 that a…
Focus on Cyberlearning & Development amid Challenges at Quad Meet
Key highlights of the 2024 Quad Cyber Challenge is the emphasis on youth talent development in the cybersecurity field. The Quad nations—Australia, India, Japan, and the United States—have jointly reaffirmed their commitment to enhancing global cybersecurity through the 2024 Quad Cyber Challenge. Building on past efforts, the challenge is focused on raising cybersecurity awareness, promoting…
India’s Cyber Defenses Under Siege: The Rising Threat of Ransomware; Jim Walter, Senior Threat Researcher, SentinelOne
With its rapidly expanding digital infrastructure and increasing dependence on technology, India has become a prime target for ransomware attacks. As the world’s fifth-largest economy, India faces a unique ransomware threat that arises from the widespread adoption of technologies that lack proper security—and cybercriminals have taken notice. The result? Organised ransomware groups have shifted their…
Safeguarding Your Business is a Priority for Fraud Prevention
Cybercriminals become more sophisticated, businesses face increasing threats from phishing, ransomware and identity theft. These attacks can significantly impact a company’s financial stability and reputation. Organizations must understand and combat the risks surrounding cybersecurity and fraud and defend against cybercriminals. Now being technological advance have accelerated development in a variety of sectors and additionally significant…
