Mitigata, a cyber resilience startup, has raised $5.9 million in Series A funding. The round was led by Nexus Venture Partners, with continued support from existing backers Titan Capital and WEH Ventures. Positioning itself as the first line of defense for Digital India, Mitigata offers a full-stack platform that integrates security, risk, compliance, and…
Key Findings: Ransomware attacks blocked by the Zscaler cloud rose 146%, the sharpest spike observed in the past three years. Public extortion cases jumped by 70% based on data leak site analysis. Data exfiltration volumes increased 92%. Manufacturing, Technology, and Healthcare were the top targeted industries, and the Oil & Gas sector experienced a 935% increase…
India has the potential to replicate its software as a service (SaaS) success in the nearly $400-billion global cybersecurity market if founders step up and play the long game, he said at a media round table at the fund’s Cybersecurity Summit. A large opportunity in the cybersecurity space today is building security tools for generative AI applications,…
NTT DATA and Mistral AI to Shape Future of Sustainable and Secure Private AI for Enterprises NTT DATA and Mistral AI, a rising innovator in open-weight, high-performance generative AI (GenAI) models, announced plans to jointly sell and deploy safe and private enterprise-grade AI solutions that are able to foster strategic autonomy for clients. The companies…
Indian Computer Emergency Response Team (Cert-In) has made it mandatory for private and public-sector organisations that own or operate digital systems, processes, or infrastructure, to undergo a comprehensive third-party cybersecurity audit at least once a year. This is the first such directive for the private sector. The guidelines by Cert-In allow sectoral regulators to…
A cyber campaign that initially centered on exploiting Microsoft SharePoint vulnerabilities has reportedly taken a worrying turn, with ransomware now becoming a key component. The operation is thought to be carried out by a group known as “Storm-2603,” and has already affected at least 400 victims, a figure that may be significantly underestimated. Microsoft revealed…
A parliamentary panel report tabled in the Rajya Sabha on Thursday flagged privacy concerns on telecom cyber security rules and recommended that the Department of Telecom finetune it. A report on The Telecommunications (Critical Telecommunication Infrastructure) Rules, 2024 and Telecommunications (Telecom Cyber Security) Rules, 2024 by the Committee on Subordinate Legislation observed vague terms in…
Intersys, a cyber security and IT services provider, has launched operations in India, based in Mumbai, to help brokers and insurers grow cyber portfolios by strengthening policyholder resilience. Under the leadership of Tanmay Gore, Director of Intersys India, the Mumbai office is addressing a significant market issue: the challenge for organizations, especially corporate SMEs in…
‘I’ve gotten to work with SMBs. I’ve gotten to work with enterprise carriers and everyone in between,’ new Coro CEO Joe Sykora tells CRN. ‘And the SMB market is one that I really enjoy working with. Being a channel person and coming from the channel, it’s part of my heart. It’s part of my DNA.’…
Chinese-linked hackers are targeting the Taiwanese semiconductor industry and investment analysts as part of a string of cyber espionage campaigns, researchers said on Wednesday. While hacking to steal data and information about the industry is not new, there is an increase in sustained hacking campaigns from several China-aligned hacking groups, researchers with cybersecurity firm Proofpoint…
