In a rare acknowledgment of a data breach by an Indian company, online restaurant guide and food ordering service Zomata says 17 million users' email addresses and hashed passwords were stolen from its database. The company was hacked by a white-hat hacker back in 2015.
The Ministry of Electronics and Information Technology is taking steps to have more cloud service providers serve the government. But are the security requirements too tough for smaller players to achieve?
Police are investigating an anonymous email threat against Indian IT company Wipro as a potential "act of terror." On May 5, the company received an anonymous email threatening a massive attack with the poison Ricin on all its offices in Bangalore if it didn't pay a bitcoin ransom.
With an aim to safeguard capital markets from cyberattacks, the Securities and Exchange Board of India has set up a committee on cybersecurity to provide guidance. But some security practitioners stress that the panel will prove effective only if its recommendations are actually carried out.
Another day, another data breach in the news. Ransomware at a hospital, the latest IRS breach, a phishing scam at Snapchat . . . you tune out the details. For every breach that makes headlines, dozens of other organizations have had data stolen or corrupted by hackers...or even their own users. Cyberthreats become...
Businesses around the world are seeing an increase in malware attacks, including ransomware like CryptoLocker, Locky, and zCrypt. These attacks can result in weeks of downtime, and some of the most damaging data breaches originated with malware, including the Target breach in 2014.
A robust malware defense could...
An investigation into last year's attempted theft of $170 million at India's state-owned Union Bank has found strong similarities with the Bangladesh Central Bank heist, which was attributed to North Korea, and resulted in an $81 million loss.
IRDAI's draft information and cybersecurity framework developed in collaboration with industry working groups is set to be finalized soon. The draft is fairly comprehensive and will set a serious tone for security at a board level, experts say.
The many companies in the Middle East that do business in Europe - and handle Europeans' data - now must comply with the European Union's new General Data Protection Regulation. And some security experts say that could lead to a boost in data security practices in the region.
The threat landscape certainly has changed in recent years. But can you say the same about the traditional intrusion prevention system."The biggest problem with IPSs today is that organizations are trying to fight today's threats with yesterday's solutions," says Bertone, who serves as CTO of Fidelis Cybersecurity....
The hacking group known as Legion is taking credit for hijacking the twitter accounts of high-profile Indians as well as accessing more than 40,000 servers. Is the nation well-equipped to mitigate the risks posed by hackers?
The financial sector continues to be a prime target for highly sophisticated, customized attacks. The SWIFT money transfer system recently came under attack resulting in an $81 million heist of the Bangladesh Bank. This number pales in comparison to an estimated $1 billion stolen from over 100 banks worldwide by the...
After the recent compromise of 3.2 million debit cards details in India, Ravi Shankar Prasad, minister of IT and law, is calling for more organizations to have a third-party security audit and hire a CISO.
In light of the increase in ATM fraud in India, it's essential that banks more closely monitor the security efforts of third-party service providers they increasingly are relying on to help manage their networks, says Prakash Joshi, COO at Electronic Payment Systems