The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike’s glitchy security software update that disrupted internet services worldwide last week, Fitch Ratings said. Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims would be…
According to a recent study, more than half of India’s CEOs put cloud-related threats at the top of their list of concerns Cybersecurity solutions company Barracuda Networks, Inc., has announced the expansion of email security products to the Indian market to help customers comply with national regulations while deploying Barracuda’s advanced email protection, data classification,…
A team of researchers from the University of California San Diego has published a paper detailing a novel attack method targeting Intel CPUs. The chip giant says no new mitigations are required to address it. The new attack, named Indirector, is similar to the well-known Spectre v2 or Spectre Branch Target Injection (BTI) attack. These methods typically allow…
Santosh Sheshware has assumed the roles of Chief Information Security Officer and Head of Information Security at Aditya Birla Sun Life Insurance. This is a significant step towards enhancing the company’s cybersecurity framework. With over 17 years of experience in information security across prominent organizations like Bharti AXA Life, PNB MetLife, India Infoline group, HSBC,…
Deal Integrates Lacework’s CNAPP into Fortinet’s Security Fabric and SASE Platform Fortinet extended a lifeline to troubled cloud security vendor Lacework, agreeing to purchase the late-stage startup that once earned the largest funding round in cybersecurity history. The Silicon Valley-based platform security vendor said the proposed acquisition of San Jose, California-based Lacework will enhance Fortinet’s…
Tata group chairman N Chandrasekaran on Friday said companies in the diversified group are executing over 100 generative artificial intelligence projects. AI can also have negative impacts, Chandrasekaran said, flagging potential job losses and privacy concerns as the areas we need to focus on. Addressing the group’s information technology (IT) services arm TCS’ 29th annual…
Google is highlighting several problems with Microsoft’s cybersecurity practices, and is positioning itself as a more secure alternative for managing sensitive government data and operations. Google has published new security recommendations and a detailed white paper scrutinizing Microsoft’s cybersecurity practices following recent nation-state attacks. This move appears to be part of Google’s strategy to attract…
Google Chrome users should check if their browser is updated, as versions prior to 124.0.6367.207 allow malicious actors to exploit critical flaws. Following an emergency security patch, Google has released Chrome version 125, which fixes two additional high-risk flaws. The Chrome team released stable version 125, which brings nine security fixes and other improvements. Users…
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…
RBI deputy governor Swaminathan J said the potential impact of a cyberattack on a bank’s operations, reputation, and financial stability cannot be “overstated”, as he emphasised the need for proactive risk mitigation strategies. Speaking at the Conference of Heads of Assurance of Urban Cooperative Banks here on Thursday, the deputy governor said that in the…
