50 per cent of businesses in Asia-Pacific and globally falling victim in 2022 According to the 2023 spear-phishing trends report released by Barracuda, a leading provider of cloud-enabled security solutions, 50 per cent of businesses in Asia-Pacific and across the globe fell victim to spear-phishing attacks in 2022. The report,…
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The COVID Pandemic fueled a 700 per cent surge in IoT-specific malware infections As the world becomes increasingly interconnected through the Internet of Things (IoT), a concerning trend has emerged during the pandemic. According to a report from global technology intelligence firm ABI Research, there has been a staggering 700…
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In an effort to harness artificial intelligence in finance The Monetary Authority of Singapore (MAS) has unveiled the 8th edition of the Global FinTech Hackcelerator, focusing on the theme “Artificial Intelligence (AI) in Finance Global Challenge.” The competition aims to unlock innovative AI solutions that can revolutionize the financial services…
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Malicious actors have become more adept at targeting the software supply chain The surge in software supply chain attacks has exposed a lack of readiness among organizations, making every software builder a potential target. To address this growing concern and provide guidance on safeguarding software supply chains, International Data Corporation…
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Russian hackers claim responsibility for the incident Australian bond broker FIIG Securities has confirmed that it was the target of an unauthorized cyberattack, resulting in the breach of personal information. The company has taken immediate action by launching an investigation, engaging third-party cybersecurity experts, and isolating affected systems. Upon discovering…
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Endpoint security software plays a crucial role in countering attack attempts According to the International Data Corporation (IDC) Worldwide Semiannual Software Tracker, the endpoint security software market in Indonesia witnessed a year-over-year growth of 10.8 per cent in the second half of 2022. Companies in Indonesia are increasingly investing in…
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UCENet has engaged in combating unsolicited communications Australia has joined five other nations in strengthening strategic engagement in the global fight against scams, unsolicited telemarketing and spam following an agreement between international regulators. The ACMA has entered a renewed memorandum of understanding (MOU) as part of the global Unsolicited Communications…
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Embracing the Minimum Effective mindset involves taking a return-on-investment-driven approach In a recent report, Gartner, Inc. challenges prevailing notions in cybersecurity and urges Chief Information Security Officers (CISOs) to adopt a “Minimum Effective” mindset to enhance the impact of their security programs. The research reveals that several myths surrounding cybersecurity…
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Tens of thousands of compromised android apps found Bitdefender researchers have recently leveraged their industry-first anomaly detection technology, integrated into Bitdefender Mobile Security, to reveal a concealed malware campaign that had gone undetected on mobile devices globally for over half a year. According to the researchers, this mobile malware has…
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CISOs embrace a holistic approach In a rapidly evolving digital landscape, Chief Information Security Officers (CISOs) are stepping up to the plate, going beyond their traditional roles of safeguarding organizations from cyber threats. With a keen eye on business success, CISOs are expanding their expertise to align technology solutions with…
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