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…
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…
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…
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…
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…
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…
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…
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…
Rashmika Mandanna, a famous south Indian actor, has assumed a fresh role as the country’s ambassador for encouraging cyber safety. This is a development subsequent to her being duped by an AI-generated deepfake video that went viral online last year. This fake video sparked a long discussions in the media regarding the safety of an…
U.S. authorities are cracking down on crypto scammers by turning their own tactics against them. For the first time, the Federal Bureau of Investigation has disclosed that it created a cryptocurrency to bait and capture fraudsters. The FBI claims the strategy worked, spurring market-manipulation and fraud charges against several crypto companies, including Gotbit, CLS Global, MyTrade, and…
