WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach – ET CISO https://etimg.etb2bimg.com/thumb/msid-111915636,imgsize-5464,width-1200,height=765,overlay-etciso/data-breaches/wazirx-announces-23-mn-bounty-to-recover-234-mn-lost-in-cyber-breach.jpg Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds. The company invited white hat hackers, blockchain forensics experts, and cybersecurity professionals from around ...

OpenAI Blocks Iranian Influence Operation Using ChatGPT for U.S. Election Propaganda https://firewall.firm.in/wp-content/uploads/2024/08/iran.png OpenAI on Friday said it banned a set of accounts linked to what it said was an Iranian covert influence operation that leveraged ChatGPT to generate content that, among other things, focused on the upcoming U.S. presidential election. “This week we identified and took down a cluster of ...

Cybersecurity imperatives for secure, resilient digital ecosystem as India gears to adopt 6G – ET CISO https://etimg.etb2bimg.com/thumb/msid-112558788,imgsize-41302,width-1200,height=765,overlay-etciso/ot-security/cybersecurity-imperatives-for-secure-resilient-digital-ecosystem-as-india-gears-to-adopt-6g.jpg A collaborative and multi-faceted effort involving government agencies, private companies, research institutions, and international partners will be essential to develop and implement robust cybersecurity measures. As India gears up for the advent of 6G technology, the potential to revolutionize communication speeds, latency, and ...

Banks need to be cautious with 3rd-party vendors: RBI’s Swaminathan, ET CISO The Reserve Bank of India seems concerned about the risks from increasing dependence of financial institutions on third-party vendors. Speaking at a convention organized by the International Association of Deposit Insurers, RBI deputy governor J Swaminathan called upon banks to exercise caution to guard them against potential vulnerabilities ...

Greece’s land registry targeted in cyberattack – ET CISO https://etimg.etb2bimg.com/thumb/msid-111915712,imgsize-172930,width-1200,height=765,overlay-etciso/data-breaches/greeces-land-registry-targeted-in-cyberattack.jpg Authorities in Greece said the country’s land registry website had been subjected to a major cyberattack with hundreds of attempted entries, without compromising key data. “Over 400 attacks on the land registry’s information systems were recorded this week,” the ministry of digital governance said in a statement. It added that ...

DDoS Attacks Surge 46% in First Half of 2024, Gcore Report Reveals https://firewall.firm.in/wp-content/uploads/2024/08/ddos.png Monitoring evolving DDoS trends is essential for anticipating threats and adapting defensive strategies. The comprehensive Gcore Radar Report for the first half of 2024 provides detailed insights into DDoS attack data, showcasing changes in attack patterns and the broader landscape of cyber threats. Here, we share a ...

Cybersecurity breaches surge due to skills shortage in India – ET CISO https://etimg.etb2bimg.com/thumb/msid-112484415,imgsize-12428,width-1200,height=765,overlay-etciso/corporate/cybersecurity-breaches-surge-due-to-skills-shortage-in-india.jpg Fortinet’s 2024 Global Cybersecurity Skills Gap Report reveals a startling link between cybersecurity breaches and skills shortages in India. A whopping 92% of Indian organizations reported breaches last year, largely blaming the cybersecurity skills gap. Additionally, 80% acknowledge that this gap escalates their cyber risks. John Maddison, ...

Australia’s Evolution Mining targeted in latest cyber attack, IT Security News, ET CISO Australian’s Evolution Mining said on Monday that it became aware of a cyber attack last week, amid a spate of similar incidents that have plagued domestic firms. Australian firms have continued to suffer from cyber attacks since 2022, putting the spotlight on the country’s understaffed cyber security ...

Risk of data breaches, cyber frauds up due to digitization: RBI report – ET CISO https://etimg.etb2bimg.com/thumb/msid-112124677,imgsize-59604,width-1200,height=765,overlay-etciso/data-breaches/risk-of-data-breaches-cyber-frauds-up-due-to-digitization-rbi-report.jpg The average cost of data breaches in India stand at $2.18 million in 2023, up 28% since 2020 though less than the global average cost of $4.5 million, RBI’s annual report on currency and finance which was themed around digitalisation said. The report citing ...

GhostWrite: New T-Head CPU Bugs Expose Devices to Unrestricted Attacks https://firewall.firm.in/wp-content/uploads/2024/08/chip.jpg Aug 13, 2024Ravie LakshmananVulnerability / Hardware Security A team of researchers from the CISPA Helmholtz Center for Information Security in Germany has disclosed an architectural bug impacting Chinese chip company T-Head’s XuanTie C910 and C920 RISC-V CPUs that could allow attackers to gain unrestricted access to susceptible devices. The ...