China behind most cyber attacks, states report

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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CIOs need to create teams of cybersecurity experts

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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Nutanix and Veeam join together for data Protection

Nutanix Mine and Veeam’s backup and replication software to support storage environments. Enterprise cloud vendor, Nutanix and Veeam Software have released a data protection and management solution to support most storage environments. It will see Veeam’s Backup and Replication software embedded with Nutanix Mine, to help companies “protect and access”…

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Asia Direct Cable Consortium to connect Asian nations with submarine cables

The Southeast Asia – Japan Cable 2 system to be completed by 2021, state SingTel. Singtel and the Asia Direct Cable (ADC) Consortium, are planning to build a submarine cable connecting China (Hong Kong SAR and Guangdong Province), Japan, the Philippines, Singapore, Thailand and Vietnam. The consortium which includes CAT,…

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DNS Attack in Singapore rises to over US$1M

EfficientIP and IDC report shows DNS attack costs rise and increasingly impacting the cloud. IDC’s latest 2020 Global DNS Threat Report, for EfficientIp has found, the average number of attacks and the associated costs have remained high, enterprise evolution and awareness of DNS security is growing. Nearly four out of…

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Modern banking makes the sector vulnerable to attacks

No sector was more regularly targeted than the financial sector The financial sector has seen a “staggering 238 per cent increase” in cyber attacks and ransomware attacks have increased nine-fold since the beginning of February to the end of April 2020. This is according to VMware Carbon Black’s third annual…

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APAC businesses putting digitalisation on hold

Research shows companies in the region could miss out on US$145bn in GDP growth in the next decade. Up to three in five businesses in the Asia Pacific region have put off digitalisation plans out of fear of cyberattacks, according to the Deloitte Cyber Smart: Enabling APAC businesses report, commissioned by VMware. The…

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Fake COVID-19 emails making the rounds

MailGuard has intercepted a series of malicious emails faking COVID-19 financial relief. Cybersecurity company Mailguard has warned the public that emails with titles such as “See Covid19 relief payment that has been paid” or “BLOCKCHAIN: See Payment Approval for Covid19 Donation”, are likely from compromised email accounts. Some of these…

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