Industry News – Securitydive

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…

Reliance Jio, C-DOT spearhead cybersecurity push in El Salvador, Guatemala

admin3 months ago02 mins

India’s strategic foray into Central America: India is rapidly expanding its influence in Central America, particularly in the telecommunications and cybersecurity sectors. (Reuters) India is rapidly expanding its influence in Central America, particularly in the telecommunications and cybersecurity sectors. With a focus on El Salvador and Guatemala, India is set to make significant inroads, leveraging…

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

admin3 months ago04 mins

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify the number of jobs it is cutting. It…

Insurers to see limited hit from CrowdStrike disruption, Fitch says

admin4 months ago4 months ago02 mins

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…

Intel Says No New Mitigations Required for Indirector CPU Attack

admin5 months ago03 mins

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…

Aditya Birla Sun Life Insurance Appoints Santosh Sheshware as CISO

admin5 months ago5 months ago02 mins

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,…

Fortinet Acquires Unicorn Lacework to Enhance Cloud Security

admin5 months ago5 months ago06 mins

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 working on 100 Gen AI projects: Chandrasekaran

admin6 months ago6 months ago02 mins

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 trying to Poach Microsoft’s Govt Contracts as Cybersecurity Practices come under scrutiny

admin6 months ago6 months ago04 mins

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…

Need proactive Risk Mitigation measures to tackle Cyberattacks: RBI

admin6 months ago03 mins

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…