German software giant SAP is launching a major reorganization of its artificial intelligence (AI) business, with around 8,000 employees affected by the plan, the company announced late on Tuesday. “With the planned transformation programme, we are increasingly shifting investments to strategic growth areas, primarily AI,” said SAP chief executive Christian Klein. “This will allow us to…
Sternum, the pioneer in embedded IoT security and observability, today announced enhanced security for the ChargePoint Home Flex. In a comprehensive research project, Sternum identified a potential vulnerability involving the reverse SSH tunnel and deprecated NTP client and HTTP servers. ChargePoint, with its last firmware update, has disabled the HTTP server and updated the NTP…
Cybersecurity leaders are recognizing the fact the cyber ecosystem is growing more complicated and due to this cyber risk related incidents are growing. The World Economic Forum’s Centre for Cyber security, remains committed to bridging the gaps between the public and private sectors and between cyber and business leaders. The report serves as an instrument…
Alkem Laboratories confirmed a cybersecurity incident that led to a fraudulent transfer of Rs 52 crore from one of its subsidiaries affecting the brand value and reveling serious vulnerabilities at several level. The disclosure raises concerns about vulnerabilities in India’s pharmaceutical sector to cyberattacks and led to price fall in their share prices. Alkem stated…
‘Deep Armor has worked with the US FDA closely and would be happy to work with the GoI and with private businesses to ensure high security standards of India IoMT and healthcare products.’ Healthcare Industry is in the verge of major growth, besides the significant adoption of IoMT devices, SaMD and many more internet based…
Triveni Singh, a 2011 batch state cadre IPS officer who is known as the ‘cybercop’, held the position of superintendent of police (SP) cybercrime since August 2020, retired from his services. He retired at least two years before his scheduled superannuation in November 2025. Initially appointed as a provincial police services (PPS) officer in 1994,…
Kersi Tavadia is amongst the pioneers to implement single-window multiexchange online trading systems to facilitate trading across multiple asset classes,. Kersi has over 30 years experience in the area of Application Systems, IT Infrastructure development and management, managing all aspects of IT operations in financial services, capital markets and manufacturing companies. During his tenure as…
Cyber threat actors are growing more sophisticated, especially with the recent introduction of AI. Technological innovation and changing businesses needs have introduced new environments, devices, and software that add up to an expanding cyber attack surface. Generative AI Creates Security Opportunities and Pronounces Threats Generative AI and machine learning are increasing the frequency and complexity…
Hackers infiltrated into escrow bank accounts of a Thane based company, posing as bank executive In a major cybercrime incident that has sent shockwaves through the city, unidentified hackers successfully infiltrated the escrow bank account of a Thane-based company, resulting in a staggering loss of approximately Rs 25 crore. Escrow accounts are majorly held by…
Threatcop, a pioneer in people security management category with an exclusive AAPE framework, has announced the launch of its ground breaking cybersecurity guide, “People Security,” at the prestigious Annual Information Security Service (AISS) 2023 event organized by DSCI. This innovative guide is a testament to Threatcop’s commitment to its People Security Management (PSM) category which…
