The central bank acknowledged in the past, growing awareness that cyber incidents presents risks to the stability of financial systems. The Reserve Bank of New Zealand – Te Pūtea Matua issued a statement stating it was responding with urgency to a breach of one of its data systems. A third-party…
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Lawsuit seeks to recover damages for SolarWinds investors under US federal securities laws. Global investor rights, Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of the securities of SolarWinds Corporation between February 24, 2020 and December 15, 2020, inclusive (the “Class Period”). The lawsuit seeks…
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Investigation revealed attempted activities beyond just the presence of malicious SolarWinds code in Microsoft environment. During the final weeks’ of 2020 cyber security firm, FireEye announced it had suffered a cyber-attack through a malware inserted into network management software provided to customers by the tech company SolarWinds. At the time…
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Discipline, operational security, and techniques leads to the conclusion that it was a state-sponsored attack. Global cybersecurity company FireEye has shared details of a recent cyberattack, which has led to the theft of its Red Team assessment tools that is used test customers’ security. In a blog by CEO Kevin…
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In this episode we are joined by Erdal Ozkaya, regional CISO for Standard Chartered Bank Erdal discusses some of the major cybersecurity threats currently facing businesses in 2020 and beyond, while providing deeper insights around the steps CISOs need to take to better prepare themselves for when an attack occurs.…
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Financial industry has become a key target. COVID-19 has become a panacea for cybercriminals, with 53 per cent of Incident Response (IR) professionals reporting an increase in cyberattacks exploiting COVID-19, according to VMware Carbon Black’s latest Global Incident Response Threat Report. China are behind most attacks, and the financial industry…
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Open-source tool to combat reverse engineering malware. BlackBerry Limited has made available a free open-source tool for cyber security professionals, called PE Tree that significantly reduces the time and effort required to reverse engineer malware. Reverse engineering of malware is an extremely time- and labour-intensive process, which can involve hours…
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No indication of the affect on customer data. Technology company Garmin was the victim of a cyber-attack that encrypted some of its systems on July 23, 2020. As a result, many of its online services were interrupted including website functions, customer support, customer facing applications, and company communications. “We immediately…
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Less than half of Singapore businesses see cyber attack, compared to rest of the world. Singapore’s threat landscape appears to have plateaued while the rest of the world battles a growing plague of cyberattacks. For the first-time in three editions of VMware Carbon Black’s Singapore Threat Report, only 43 per…
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Cyber criminals ramp up their activities during COVID-19. Recent global incidents around the world has shown COVID-19 hasn’t stopped cybercriminals. The pandemic has made them bolder and they’ve stepped up their activities – be it attacks on corporations, governments, SMEs and home offices. The cyber threat landscape is one that…
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