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

 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…

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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…

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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…

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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…

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Need of the Hour: Priortising Visibility into Data-in Motion Security by CISO’s

CISOs prioritise visibility into data-in-motion security . Gigamon Survey Reveals CISO Priorities for 2025 Amid Budget Pressures and Rising Cyber Threats The Gigamon report data reveals a widening security gap, with CISOs falling behind as cybercriminals outpace their organization’s cybersecurity defenses. Despite global information security spending projected to reach $215 billion in 2024, nearly half (44 percent) of…

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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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“The Future of Data Privacy and Security in the Era of AI”. India’s Data Privacy & Sovereignty Imperative

As India emerges as a global AI frontrunner, the intricate interplay between data innovation, data sovereignty and robust privacy safeguards has become a paramount concern, especially given the rise of AI. To address this critical challenge, Data Dynamics and the Consulate General of the United States in Mumbai convened a high-level roundtable on “The Future of…

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Cisco Warns of regreSSHion RCE Impacting Multiple Products

Cisco has issued a security advisory regarding a critical remote code execution (RCE) vulnerability, dubbed “regreSSHion,” that affects multiple products. The vulnerability tracked as CVE-2024-6387, was disclosed by the Qualys Threat Research Unit on July 1, 2024. It impacts the OpenSSH server (sshd) in glibc-based Linux systems and has the potential to allow unauthenticated attackers…

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Dell Admits to Data Breach: Sensitive User Data in Peril

The American technology giant has notified some of its customers about a data breach that involved sensitive data, including users’ physical addresses. Dell Technologies says that it’s currently investigating an incident “involving a Dell portal,” which contains a database with customer information related to purchases. “We believe there is not a significant risk to our…

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