BCG, IT Security News, ET CISO Rising cases of online thefts and frauds will push Indian banks that are already lagging behind their global peers in cybersecurity spending to step up, according to Neetu Chitkara, managing director and partner at Boston Consulting Group. Cybersecurity spending by Indian financial institutions as a part of their revenue is about one-ninth of what ...
Read More »Blog
U.S. Agencies Warn of Iranian Hacking Group’s Ongoing Ransomware Attacks
U.S. Agencies Warn of Iranian Hacking Group’s Ongoing Ransomware Attacks https://firewall.firm.in/wp-content/uploads/2024/08/iran-hackers.png U.S. cybersecurity and intelligence agencies have called out an Iranian hacking group for breaching multiple organizations across the country and coordinating with affiliates to deliver ransomware. The activity has been linked to a threat actor dubbed Pioneer Kitten, which is also known as Fox Kitten, Lemon Sandstorm (formerly Rubidium), ...
Read More »Deepfake tech going to be a serious menace in society: Delhi HC – ET CISO
Deepfake tech going to be a serious menace in society: Delhi HC – ET CISO https://etimg.etb2bimg.com/thumb/msid-112885648,imgsize-44238,width-1200,height=765,overlay-etciso/ot-security/deepfake-tech-going-to-be-a-serious-menace-in-society-delhi-hc.jpg Deepfake technology is going to be a serious menace in society and Centre should start thinking about it, Delhi High Court said on Wednesday. The antidote for artificial intelligence can only be technology, it noted. “What we see through our own eyes and what ...
Read More »California lawmakers pass AI safety bill, IT Security News, ET CISO
California lawmakers pass AI safety bill, IT Security News, ET CISO A bill aimed at regulating powerful artificial intelligence models passed California’s legislature on Wednesday, despite outcry that it could kill the technology it seeks to control. “SB 1047 — our AI safety bill — just passed off the Assembly floor. I’m proud of the diverse coalition behind this bill ...
Read More »Fortra Issues Patch for High-Risk FileCatalyst Workflow Security Vulnerability
Fortra Issues Patch for High-Risk FileCatalyst Workflow Security Vulnerability https://firewall.firm.in/wp-content/uploads/2024/08/password.png Aug 28, 2024Ravie LakshmananVulnerability / Data Security Fortra has addressed a critical security flaw impacting FileCatalyst Workflow that could be abused by a remote attacker to gain administrative access. The vulnerability, tracked as CVE-2024-6633, carries a CVSS score of 9.8, and stems from the use of a static password to ...
Read More »Telegram boss Durov to remain in French police custody, prosecution office says – ET CISO
Telegram boss Durov to remain in French police custody, prosecution office says – ET CISO https://etimg.etb2bimg.com/thumb/msid-112856163,imgsize-18676,width-1200,height=765,overlay-etciso/corporate/telegram-boss-durov-to-remain-in-french-police-custody-prosecution-office-says.jpg Telegram boss Pavel Durov will remain in police custody for up to 48 hours more as part of a cyber crime investigation, the Paris prosecutor said on Tuesday, after it was decided to extend his detention on Monday evening. Durov was arrested on Saturday. ...
Read More »CrowdStrike earnings to shed light on fallout from global Windows outage, ET CISO
CrowdStrike earnings to shed light on fallout from global Windows outage, ET CISO CrowdStrike’s results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating system last month, with investors keen to understand the impact on the cybersecurity firm’s reputation and whether it has led to potential market share ...
Read More »macOS Version of HZ RAT Backdoor Targets Chinese Messaging App Users
macOS Version of HZ RAT Backdoor Targets Chinese Messaging App Users https://firewall.firm.in/wp-content/uploads/2024/08/chinese-hacker.png Aug 27, 2024Ravie LakshmananCyber Espionage / Malware Users of Chinese instant messaging apps like DingTalk and WeChat are the target of an Apple macOS version of a backdoor named HZ RAT. The artifacts “almost exactly replicate the functionality of the Windows version of the backdoor and differ only ...
Read More »AI can boost Digital Public Infra but poses challenges: RBI chief – ET CISO
AI can boost Digital Public Infra but poses challenges: RBI chief – ET CISO https://etimg.etb2bimg.com/thumb/msid-112825906,imgsize-4494,width-1200,height=765,overlay-etciso/next-gen-tech/ai-can-boost-digital-public-infra-but-poses-challenges-rbi-chief.jpg While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns that arise from handling vast volumes of personal information and the potential of misuse ...
Read More »OpenAI supports California AI bill requiring ‘watermarking’ of synthetic content, ET CISO
OpenAI supports California AI bill requiring ‘watermarking’ of synthetic content, ET CISO ChatGPT developer OpenAI is supporting a California bill that would require tech companies to label AI-generated content, which can range from harmless memes to deepfakes aimed at spreading misinformation about political candidates. The bill, called AB 3211, has so far been overshadowed by attention on another California state ...
Read More »