British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer said on Tuesday, claiming two recent major attacks on large UK firms had gone unreported. Giving evidence to lawmakers on parliament’s Business and Trade Committee on the April cyberattack which forced M&S to suspend online…
Cybercrime is predicted to cost the world $10.5 trillion USD in 2025, according to Cybersecurity Ventures. If it were measured as a country, then cybercrime would be the world’s third largest economy after the U.S. and China. This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, is exponentially…
Data Security Council of India, HIMSS to report on India’s healthcare cybersecurity Healthcare remains the top-targeted industry by cyber criminals in India Data Security Council of India and HIMSS will undertake a national-level analysis of healthcare cybersecurity in India. Last week, the organisations signed a memorandum of understanding to write a cybersecurity report and market…
MPHASIS, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a strategic partnership with SecPod a SaaS-based cybersecurity products and technology company. As a part of this partnership, Mphasis will offer disruptive vulnerability management services for its clients through SecPod’s SanerNow CVEM platform. Through this partnership, Mphasis aims to help enterprises overcome challenges such as…
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS attack protection solutions, today announced it enhanced its Arbor® Threat Mitigation System (TMS) Adaptive DDoS Protection solution with additional AI/ML functionality to better detect and block malicious traffic. AI/ML Powered Intelligence Feed and Adaptive DDoS Mitigation Essential for Defeating Rapidly Evolving…
Junior Barros De Oliveira, a 29-year-old resident of Curitiba, Brazil, has been indicted in the United States for orchestrating an extortion scheme involving data stolen from the computer systems of a Brazilian subsidiary of a New Jersey-based company. U.S. Attorney Philip R. Sellinger announced the charges after the indictment was unsealed in Newark federal court. Allegations of…
For CTO’s, CISO’, the message is straight and clear ‘Prioritising data protection be the most import pillar of foundation to consider for operations and business continuity, not an afterthought. A survey by PWC, ‘2024 Global Digital Trust Insights’ on cyber risk perspective highlighted in the beginning of 2024 that over next 12 months, Indian organisations…
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…
Adoption of AI spotlights biz to invest in proactive cybersecurity defences Rapid adoption of Artificial Intelligence has powered growth but opened avenues for cybercriminals to misuse AI for sophisticated attacks, Kaspersky has said spotlighting the need for businesses to invest in proactive cybersecurity defences to meet new-age challenges. Kaspersky, a global cybersecurity and digital privacy…
Hackers add more devices to the network of slave digital devices, which would do what hackers want them to do. These networks, called botnets, launch large-scale cyberattacks, including the dreaded Distributed Denial of Services (DDoS). Now Dark web peers are selling botnets at throw-away prices ranging from $99 on the Dark Web, according to cybersecurity…
