As AI continues to evolve, companies must adapt their data governance strategies to keep pace with new regulations and technologies, according to a panel of experts - Tanin Chakraborty of Biocon Biologics, Priya Muku Gora of Axtria and Krishna Srivastava of Tsaaro.
The Indian defense ministry announced a Joint Doctrine for Cyberspace Operations to enable the three military services to respond together to hostile actions in cyberspace. The plan for better coordination follows rising incidents of cyberespionage and ransomware attacks against defense groups.
Vietnam's national cybersecurity agency blamed China-based cyberespionage group Mustang Panda for two phishing campaigns in which hackers used tax compliance and education-related lures to target government, nonprofit and educational organizations to steal information from infected systems.
The Australian National Audit Office said the nation's financial crimes watchdog AUSTRAC and social security payments provider Services Australia have "partly effective" capabilities to investigate, monitor and respond to cybersecurity incidents.
Law enforcement authorities in Singapore, Malaysia, Hong Kong and Taiwan took down a cybercrime ring that used dozens of servers and hundreds of phishing pages across multiple jurisdictions to run a malware-enabled scam operation and steal tens of millions from victims' bank accounts.
Medibank's lack of MFA on its global VPN allowed a hacker to use credentials stolen from an IT services desk contractor to access the private health insurer's IT systems in 2022, leading to a dark web data leak affecting 9.7 million individuals, Australian regulators said in court documents.
The government of Maharashtra in India released the first phase of a $100 million grant to L&T Technology Services to establish a state-of-the-art cybercrime prevention center and design a sophisticated cybersecurity system to tackle the growing problem of cybercrime.
A Singapore court has sentenced a former employee of NCS Group to two years and eight months in prison for accessing the company's software test environment and wiping 180 virtual servers months after his employment ended. The company detected the unauthorized access after he deleted the servers.
The Kadokawa group, a Japanese media conglomerate that owns popular video-sharing platform Niconico, said Sunday that it had to shut down some of its online services after a cyberattack prevented access to multiple servers. The attack also took down e-commerce site Ebten and other websites.
Bangladeshi authorities are investigating two senior police personnel who used legitimate credentials for the national spy agency's database to collect data on millions of citizens and sell it to buyers on Telegram and other social channels. About 500 officials have access to the citizen database.
A financially motivated hacker claims to have stolen over 34 gigabytes of data belonging to Singapore-based Telecom company Absolute Telecom. The hacker dubbed GhostR claims to have access to the company's data including corporate accounting, credit cards and customer information.
Cybersecurity and risk management leaders discussed the top leadership traits of a CISO at Information Security Media Group's Virtual Southeast Asia Summit on Thursday. Experts covered key CISO strategies that could help them stay ahead of cyberthreats.
Australian medical e-prescription provider MediSecure filed for administration and liquidation after the federal government refused to provide funds to help the firm respond to a data breach in May. The company potentially faces stiff fines under the new data privacy legislation.
Australian mining giant Northern Minerals says cybercriminals stole sensitive corporate secrets from its systems not long after the government forced several Chinese investors to divest their shares in the company. The incident did not have a material impact on Northern's operations or systems.
In its annual fraud report released last week, the Reserve Bank of India sent an urgent warning to Indian banks to enhance scam controls and improve money mule management. The report highlights a significant surge in fraud cases on the Unified Payments Interface in India.
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