Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump

Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The Wall Street Journal (WSJ) reported Sunday (March 10), noting that the financing is happening amid a jump in ransomware attacks. The report, citing information from the European Digital SME Alliance, said that such…

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Chinese State Hackers Target Tibetans with Supply Chain, Watering Hole Attacks

The China-linked threat actor known as Evasive Panda orchestrated both watering hole and supply chain attacks targeting Tibetan users at least since September 2023. The end goal of the attacks is to deliver malicious downloaders for Windows and macOS that deploy a known backdoor called MgBot and a previously undocumented Windows implant known as Nightdoor. Key findings:…

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The Govt. Launches ‘Chakshu’ Portal for Customers to Report Suspected Fraud Communications

The government has been persistently making efforts to check cyber frauds under the secure India project, at three levels- National, Organisational and Individual, said Ashwini Vaishnaw, Minister of Communications, Railway, and Electronics & Information Technology. For coordination among the stakeholders to curb misuse of telecom resources in cyber-crime and financial frauds, ‘Chakshu’ facility on Sanchar…

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Microsoft says it Caught Hackers from China, Russia & Iran using its AI tools

Hackers  from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday. Microsoft MSFT.O, opens new tab said in its report it had tracked hacking groups affiliated with Russian military intelligence, Iran’s Revolutionary Guard, and the Chinese and North…

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Rs 837-cr Cyber Security Project for a CyberSafe Maharashtra: CM Eknath Shinde

Maharashtra Chief Minister Eknath Shinde on Thursday said planning is on for a cyber security project worth Rs 837 crore to prevent and solve digital-era crimes and make the state safe from such offences, reported news agency PTI. He said the advanced technology project will make Maharashtra a cyber crime safe state. Crime has changed in today`s…

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Britain & France Gather Diplomats for International Agreement on Spyware

The United Kingdom and France will jointly host a diplomatic conference at Lancaster House in London this week in feb 2024, to launch a new international agreement addressing “the proliferation of commercial cyber intrusion tools.” According to the Foreign Office, 35 nations will be represented at the conference, alongside “big tech leaders, legal experts, and…

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Role of ‘Wazuh’ in Governance of Organizational Cyber secure Framework

Open Source Software (OSS) “Wazuh” Cyber security architecture refers to the design and framework governing an organization’s approach to securing information systems. It outlines the components, policies, technologies, and processes to protect digital assets. The primary objective of a cyber security architecture is to establish a robust, resilient, and well-integrated defense against a wide range…

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COE of Cyber security of Karnataka Launches ‘Browse Safe’, to Protect From Cyber frauds

Karnataka state launched a security net initiative to safeguard people from all kinds of cyber frauds. The State’s Centre of Excellence for Cyber Security introduced ‘Browse Safe’, a free-to-use online safety service on Saturday to ensure digital safety for citizens. ‘Browse Safe’ is a public Domain Name System (DNS), a first-of-its-kind initiative in the country,…

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The Dual Role AI Plays in Cybersecurity: Road Map to Stay Ahead

AI-enabled solutions available for various business use cases, and organizations are increasingly recognizing their value. According to a survey, 33% of organizations are currently leveraging generative AI in at least one business function. Furthermore, it’s projected that by 2026, more than 80% of enterprises will have their own generative AI APIs and models in operation. The adoption of…

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