Cyber Crime

Three out of four organizations lack proper incident response plans: IBM-Ponemon report

There’s no denying that fortifying defenses is the first step to cyber-resiliency. What takes a back seat though, is the lack of proper incident response plans. IBM-Ponemon’s 2018 cyber-resiliency study reveals 77 percent of firms lack proper incident response plans.

Adopt new tech, but proceed with caution: Vijay R, Mahindra & Mahindra Financial Services

The CISO of Mahindra & Mahindra Financial Services reveals why security leaders need to be upfront about things and prepare for the outcome of every strategy.

Deception technology and AI will rule this year: Pankaj Thakkar, Birlasoft

With the dynamics of cyber space, professionals like us will have to continue follow a risk-based approach with cost-benefit-analysis, says Pankaj Thakkar, CISO, Birlasoft.

Facebook fails to ‘trump’ the data protection game yet again

A whistleblower revealed how Donald Trump used data mining bigwig Cambridge Analytica to collect data without authorization to influence voters during his presidential run.

Indian businesses report higher vulnerability to fraud, says Kroll report

Kroll, a corporate investigations and risk consulting firm based in the US, has published its 10th annual Global Fraud & Risk Report. The survey conducted among business executives across the globe has reported higher rate of fraud incidents in India when compared to the global average. 
 

2017 Equifax breach could well be the most expensive hack ever

The 2017 Equifax breach is worse than we thought –the company reveals that 2.4 million more accounts were affected.

SWIFT misuse: Why RBI's missive to Indian banks matters

RBI has set April 30th as the deadline for banks to link their CBS with SWIFT. Here are five cases of SWIFT misuse that led to a cybersecurity nightmare, which could have been avoided.

Another massive DDoS internet blackout could be coming your way

A massive internet blackout similar to the Dyn DNS outage in 2016 could easily happen again, despite relatively low-cost countermeasures, according to a new study out of Harvard University.

Aadhaar hack encore: Basic SQL injection exposes 96 lakh accounts

A security researcher brings to light the absolute ease with which Aadhaar data can be accessed.

Reaper emerges a cyber security threat for global enterprises

APT37, popularly known as Reaper has been primarily targeting the chemicals, electronics, manufacturing, aerospace, automotive, and healthcare industries for North Korean state interests.

Another shocker for PNB as alleged data breach hits 10,000 customers

If the Rs 12,700 crore fraud wasn’t bad enough, reports emerge that the Punjab National Bank has been hit by an alleged data breach, which compromised sensitive details of 10,000 debit and credit card accounts.

RBI cracks the whip on Indian banks; mandates linking core-banking with SWIFT

In the wake of the Rs 11,400 crore loan fraud at Punjab National Bank, the Reserve Bank of India has mandated banks to link their internal software with the SWIFT inter-bank messaging system.