CYBERSECUIRTY NEWS – Page 3

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,…

DDoS Attacks Skyrocket & Hacktivist Activity Surges Threatening Critical Global Infrastructure; NETSCOUT’

admin2 months ago2 months ago05 mins

As per NETSCOUT 1H2024 Threat Intelligence Report released findings from its 1H2024 DDoS Threat Intelligence Report , citing a dramatic 43% increase in the number of application-layer attacks and a 30% increase in volumetric attacks, especially in Europe and the Middle East. Attack duration varied with 70% lasting less than 15 minutes. The escalation of attacks involves…

Deployed WezRat Malware known to Execute Attackers Commands

admin2 months ago03 mins

Cyber researchers discovered on a new remote access trojan and information stealer used by Iranian state-sponsored actors to conduct reconnaissance of compromised endpoints and execute malicious commands. The malware was first documented late last month by U.S. and Israeli cybersecurity agencies, describing it as an “exploitation tool for gathering information about an end point and running remote…

Dragos Expands executive team amid cybersecurity market growth

admin2 months ago05 mins

Dragos has announced the appointment of three new executive team members to support its business growth in the cybersecurity industry. Mark Matheos has joined the company as Chief Financial Officer (CFO), while Mark Packham has been appointed as Chief Marketing Officer (CMO), and Darren Sankbeil, previously the CFO, will now serve as Chief Strategy Officer…

Alcatel-Lucent Enterprise Releases Cybersecurity updates for OXE Purple

admin2 months ago2 months ago05 mins

Alcatel-Lucent Enterprise has introduced new cybersecurity enhancements for its OmniPCX Enterprise Purple solution to support compliance with the EU’s NIS 2 Directive. The NIS 2 Directive is aimed at improving cybersecurity across the European Union, mandating operators of essential services, including sectors such as government, transport, energy, health, and banking, to adhere to enhanced security…

UST Opens New Office & Gen AI Experience Center in Cyberjaya, Malaysia

admin2 months ago2 months ago07 mins

UST, a leading digital transformation solutions company, has opened a new office and state-of-the-art Generative AI Experience Center in Cyberjaya, Selangor, Malaysia. This facility will act as a hub for innovation and collaboration, bringing together leaders and thinkers at the forefront of the Generative AI space to drive digital transformation in Southeast Asia and beyond. The new Cyberjaya…

4.5 lakh ‘mule’ Bank accounts used in cyber fraud schemes Freezed in many Public sector Banks in India

admin2 months ago03 mins

As per the data, around 40,000 mule bank accounts were detected in branches of SBI; 10,000 in Punjab National Bank (including Oriental Bank of Commerce and United Bank of India); 7,000 in Canara Bank (including Syndicate Bank); 6,000 in Kotak Mahindra Bank; and 5,000 in Airtel Payments Bank. The Centre has frozen around 4.5 lakh…

New, ARIA-backed project aims to unlock radically cheaper AI hardware

admin2 months ago05 mins

Established by the UK Parliament in January 2023 and sponsored by the Department for Science, Innovation and Technology, ARIA is the UK’s new research funding agency. It aims to empower teams of scientists to ‘pursue breakthroughs at the edge of the possible’ that could unlock world-changing capabilities. This new research programme, called Scaling Compute, will…

CISA warned of Cyberattackers Exploiting a critical missing authentication vulnerability in Palo Alto Networks Expedition

admin2 months ago03 mins

CISA recently warned that attackers are exploiting a critical missing authentication vulnerability in Palo Alto Networks Expedition, a migration tool that can help convert firewall configuration from Checkpoint, Cisco, and other vendors to PAN-OS. This security flaw, tracked as CVE-2024-5910, was patched in July, and threat actors can remotely exploit it to reset application admin credentials on Internet-exposed Expedition…

Malwarebytes Acquires VPN Provider AzireVPN

admin3 months ago02 mins

Cybersecurity firm Malwarebytes on Thursday announced the acquisition of AzireVPN, a Swedish company that sells privacy-focused VPN services. Financial terms of the transaction were not disclosed. Following the acquisition, Malwarebytes said the plan is to integrate AzireVPN’s VPN technologies and intellectual property into expanded product lines. The company said AzireVPN’s strongest feature is Blind Operator,…