"We are living in difficult times ... when the government data is the most vulnerable," says Jayesh Ranjan, principal secretary-IT, electronics and communications & industries and commerce, government of Telangana. He calls for creating "a strong institutional mechanism" to tackle threats.
Known losses due to business email compromise have exceeded $12.5 billion worldwide, the FBI's Internet Complaint Center reports, adding that fraudsters are increasingly targeting the U.S. real estate sector with such scams.
The Virtual ID system that can be used in lieu of Aadhaar number for identity verification is now operational across banks and enterprises. However, UIDAI has extended its migration deadline to Aug. 31 to enable all organizations to be ready. Experts weigh in on the enterprise readiness for Virtual Aadhaar.
The difficulty in hiring new information security personnel and need to combat the ever-rising number of threats is driving many organizations to seek increased incident response automation, and in many cases to get it by working with managed security service providers, says AlienVault's Mike LaPeters.
What are hot cybersecurity topics in Scotland? The "International Conference on Big Data in Cyber Security" in Edinburgh focused on everything from securing the internet of things the rise of CEO fraud to the origins of "cyber" and how to conduct digital forensic investigations on cloud servers.
In response to Indian banks' slow progress in addressing outdated ATMs, the Reserve Bank of India has ordered all financial services firms in India to upgrade their ATMs in a phased manner, with a final deadline of June 2019.
As organizations detect more breaches, incident responders are increasingly overloaded, says Darktrace's Dave Palmer, who recommends organizations adopt strategies for "surgically interrupting the bad" while maintaining normal business processes and productivity.
Incident response plans must be carefully designed to meet the needs of a specific organization, says attorney Ron Raether, who outlines important legal considerations.
The city of Atlanta's ransomware outbreak cleanup and response tab has hit $2.6 million after a March attack froze corporate servers, employees' PCs and resident-facing portals. Some security experts say the breach response funds would have been put to better use preventing the outbreak in the first place.
Technological advances that are sweeping the financial sector by storm have brought new ways for users to access their data on the go but it also presents new challenges for financial institutions to protect their customers' personal data. Every financial institution needs to implement a comprehensive approach to...
Four Singapore universities were allegedly attacked by an Iranian hacking group accused of stealing more than 31 terabytes of data from universities all over the world, local officials confirmed. Some 52 accounts were targeted.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
The attorney general of Pennsylvania has filed a lawsuit against Uber for allegedly violating the state's mandatory breach notification law. It's the latest in a long string of legal and regulatory repercussions Uber is facing after waiting more than a year to disclose a serious breach.
A new strain of the Petya ransomware called "Bad Rabbit" is impacting business and sweeping across Russia and Ukraine, among other Eastern European countries. Like many of the other ransomware outbreaks, understanding fact from fiction is the first step in staying safe.
As of Q1 2018, the global cybersecurity community finds themselves inundated with both internal and external advanced threat actors who are stealthier, more resilient and sadly, more effective than they have ever been before. Many organizations are coming to terms with deciding whether their security posture is...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.in, you agree to our use of cookies.
