Cyber insurance is just one piece of the puzzle to address rising cybersecurity issues. Cyber insurance is not a defense strategy but more of a risk transfer strategy that can save your skin if there is an incident, said Deepika Mathur, CEO of Markel India.
The hyperconvergence of the communication and computing technology of 5G and edge cloud to offer virtualized services to customers in the form of a "bank in a box" will redefine the way banks will operate in the future, said the Reserve Bank of India’s D. Janakiram.
The proposed Personal Data Protection and Privacy Bill, which was tabled in the Indian Parliament, needs to guarantee the fundamental right of privacy and have a methodology to establish a secure data flow across the border, under Section 17 of the IT Act, said retired Justice B.N. Srikrishna.
Indian national cybersecurity coordinator and retired Lt. Gen. Rajesh Pant says Indian enterprises need to start investing in cybersecurity to respond to increasing cyberattacks since cyberspace is now borderless and interconnected with little attribution.
Third-party risk is a key threat in the entertainment industry, where sensitive content and key assets are scattered among multiple entities across the supply chain. Shemaroo Entertainment's Dilip Joshi discusses risks, implementation challenges, budgeting and regulatory compliance in this sector.
Studies indicate that on average most enterprises use 25 to 49 security tools sourced from up to 10 different vendors. To make this environment easier to manage, CISOs should adopt an integrated approach driven by consolidation and automation, says Microsoft's Terence Gomes.
OT and SCADA security must be designed around protecting system availability, understanding OT-specific protocols and blocking attacks that target legacy systems commonly used in OT environments. CISO Hitesh Mulani of Mahindra & Mahindra shares advice on implementing OT security.
The business world is going through a phase of hyper transformation and hyper digitalization. So, the building blocks of a cybersecurity strategy are quite different from what they were a few years ago. CISOs now need to prioritize threats in the context of their businesses.
Prior to the COVID-19 pandemic, the roles and responsibilities of CISOs were centered around protecting IT infrastructure. Today, however, the role has changed and is closely aligned with the business and its associated risks. A CISO is also the custodian of digital trust and privacy.
From being in the news about its data being hacked to being hailed as one of the big identity initiatives globally, Aadhaar has indeed come a long way. ISMG caught up with Sumnesh Joshi, deputy director general of UIDAI, to discuss the initiatives the authority has taken to change its perception.
As the human factor continues to drive data breaches, organizations need to be more cyber fusion-centric and deploy advanced AI-powered tools to predict threats. Harshil Doshi, country manager for Securonix in India and the SAARC region, discusses the future of SIEM technology.
ISMG presented the 2023 Dynamic CISO Award to Vaibhav Tole, director of global cybersecurity at Cyient, who developed skills internally and created a team to handle incident response in-house. ISMG caught up with Tole at the conference to understand how he is doing more with less these days.
5G networks are different from previous generations of network technologies, which means they require a different kind of security and privacy tool, says Md. Mahbub Hasan of Axiata Group Berhad. Organizations must consider the new threats from cloud-based 5G services and new regulatory requirements.
Chinese APT group Mustang Panda is deploying a previously unseen malware backdoor dubbed MQsTTang as part of a spear-phishing campaign targeting governmental organizations, specifically in Ukraine and Taiwan, security firm Eset says. The malware is currently being spread as RAR files, it adds.
Threat actors actively targeting multinational clients of data center outsourcers and help desk providers in China and Singapore are posting stolen credentials for sale on data leak sites, and cybersecurity firm Resecurity says these actions could be part of a nation-state cyberespionage campaign.
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