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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Anshul Gupta; On Governance, Risk & Compliance

This interview has been attributed to Anshul Gupta Anshul S Gupta is a seasoned cybersecurity leader with over 18 years of experience. He has been recognized for his expertise in threat and incident management, security compliance, and risk management. Anshul has spearheaded strategic cybersecurity initiatives and complex cyber transformation projects across diverse industries.  Anshul has…

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Telangana Cyber Security Bureau uncovers major international fraud network in Hyderabad

The Telangana Cyber Security Bureau (TGCSB) has busted an international fraud network by arresting three accused in a Rs 5.40 crore scam. On Tuesday, the officials said that TGSCB arrested three people who were involved in supplying bank account details to cyber fraudsters and were further facilitating the withdrawal of funds. The Telangana Cyber Security…

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Central cyber security agency warns users about vulnerabilities in Microsoft Edge

The Indian Computer Emergency Response Team has found multiple vulnerabilities in the Microsoft Edge browser. As per the agency, these vulnerabilities could potentially be exploited by an attacker to compromise the targeted system. After warning Android users of vulnerability, the Indian Computer Emergency Response Team (CERT-In), which operates under the Ministry of Electronics & Information…

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Sophos the Cybersecurity Company Appointed Joe Levy as CEO

Joe Levy, who has been serving as acting CEO since 15 February, brings nearly three decades of experience in cybersecurity product development and leadership to his new role. Levy also spearheaded the creation of SophosAI and Sophos X-Ops, an operational threat intelligence unit comprising over 500 cybersecurity operators and threat intelligence experts. Sophos said this…

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Fraudsters Increasingly using “Troll Factories” to Spread Deceptive Content on Social Media to Defraud Individuals: Shawn Loveland COO, Resecurity

Recently Securitydive interacted with Shawn Loveland COO of Resecurity who  emphasized the company’s commitment to making cybersecurity services accessible to everyday citizens who may not be fully aware of looming cyber threats. Loveland stated, “Cybercriminals often exploit the digital identities of children, women, and law-abiding individuals to commit cybercrimes and fraud, causing detrimental impacts on the…

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

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…

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Need proactive Risk Mitigation measures to tackle Cyberattacks: RBI

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…

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Cisco Debuts new AI-focused Security System after $28 billion deal to buy Splunk

Cisco on Thursday launched HyperShield, a new security product that uses AI to protect applications, devices, and data across data centers, clouds, and physical locations. The move follows Cisco’s acquisition of Splunk, which the enterprise tech titan bought for $28 billion earlier this year. Jeetu Patel, Cisco’s executive vice president, said HyperShield was designed with…

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5,000 Donors Affected by Data Leak at Recently Formed German Party

A data leak at the recently formed German political party Sahra Wagenknecht Alliance (BSW) has given unauthorized people access to information on thousands of donors and subscribers to a newsletter. A party spokeswoman confirmed a corresponding report by Der Spiegel news magazine on Thursday. According to the report, up to 35,000 people are affected, including…

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