Cybersecurity Talent Shortage: A Big Challenge for Banks – SBI Chief

SBI Chairman CS Setty highlights the limited supply of cybersecurity professionals as a major concern for the banking industry. He emphasizes the need for robust cybersecurity investments and talent development. SBI Chairman CS Setty on Thursday flagged the limited supply of cybersecurity professionals as a “big challenge” for the future. Speaking at the annual Fibac…

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Gene Yoo, CEO of Resecurity on Terror Activity via Cyberspace – Precursor to Olympics & Elections

According to this recent assessment by Resecurity, terrorist groups are increasingly using cyberspace to plan and execute attacks, as well as to conduct recruitment and establish anonymous communication channels. According to assessment by Resecurity, terrorist groups are increasingly using cyberspace and digital communication channels to plan and execute attacks, as well as to conduct recruitment and establish anonymous…

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Prasarana confirms cybersecurity breach, public transport operations unaffected

After a social media post went viral claiming that public transportation body Prasarana was facing a ransomware attack, the firm confirmed that it was facing a cybersecurity issue. In the statement posted on RapidKL’s social media, Prasarana said that it “confirms social media reports regarding a cybersecurity incident involving part of their internal systems.” Without…

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Microsoft to convene Cybersecurity summit following CrowdStrike-induced disruption

Microsoft to convene cybersecurity summit following CrowdStrike-induced disruption Microsoft will convene a summit for the improvement of cybersecurity systems in September, it said on Friday, after last month’s CrowdStrike faulty update propelled a global IT outage. The summit is the first of many giant steps the company shall take to forestall issues that affected nearly…

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Global Checkmarx study reveals 63% of participating organisations have fallen victim to a software supply chain attack in past 2 years

As open source software grows to represent an ever-increasing percentage of enterprise application code, application security (AppSec) leaders and developers are challenged to mitigate the risk of falling victim to the weaponization of such packages by threat actors. Reporting on current open source AppSec practices and problems, Checkmarx, the industry leader in cloud-native application security for…

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Sebi Comes out with new Cyber Security Framework for Regulated Entities

Markets watchdog Sebi on Tuesday issued a new cyber security framework wherein all regulated entities are required to have appropriate security monitoring mechanisms, and the fresh norms will be implemented in a graded manner starting from January 2025. Besides, a Cyber Capability Index (CCI) for market infrastructure institutions and qualified regulated entities will be introduced…

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

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…

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