Page 5 - Cybersecurity

Is India prepared to protect itself from cyber-attacks?

In the winter of 2015, Russian hackers allegedly breached the power grid and plunged parts of Ukraine into darkness. Is India prepared to safeguard its critical infrastructure from cyber-attacks?

Beefing up its cybersecurity, Google buys Mandiant for $5.4-billion

Google is fortifying its cloud services with a $5.4 billion acquisition of the cyber security firm Mandiant, the companies announced Tuesday. The acquisition is the first of many that analysts foresee in the cyber security sector following Russia's invasion of Ukraine. Analysts and government officials have said they expect a wave of cyberattacks from Russia and others as geopolitical tensions rise. In a massive growth backdrop for cyber security and further tailwinds seen during this Ukraine invasion from Russia bad actors/nation state attacks, we believe today's deal is the tip of the iceberg to a massive phase of consolidation potentially ahead for the cloud space, Wedbush analyst Dan Ives wrote Tuesday. Google, a subsidiary of Mountain View, California-based Alphabet Inc., will pay $23 per Mandiant share in all-cash deal expected to close this year. The price represents a 57% premium on Mandiant's share price in early February, when speculation about a deal between the companies

Nvidia data breach exposes data of 71,000 employees: Report

The company has confirmed some of its data was stolen as part of a cyberattack that occurred last week.

Chipset maker Nvidia confirms it is investigating cybersecurity incident

News of a potential cyberattack at Nvidia comes just weeks after the Santa Clara-based company terminated its $40 billion bid to acquire British chip designer Arm

World's largest NFT marketplace OpenSea hacked, users lost NFTs

OpenSea Co-Founder and CEO, Devin Finzer acknowledged the phishing attack, confirming that 32 users have lost NFTs so far.

Russian hackers accessed sensitive US defence information for 2 yrs

Compromised entities have included CDCs supporting the US Army, US Air Force, US Navy, US Space Force, and DoD and intelligence programmes.

Cyberattacks knock out websites of Ukrainian army, major banks

At least 10 Ukrainian websites were unreachable due to the attacks

11% jump in cyber crime in 2020, NCRB data in Home Panel report

A total of 50,035 cases in 2020 were registered under cyber crimes, showing an increase of 11.8 per cent in registration over 2019 (44,735 cases).

Vehicle cybersecurity firm SecureThings raises $3.5 mn in funding

The company will use the funding for product enhancement, business growth in India and overseas, augmenting the India and US teams, and sales and marketing

Hackers hit Fortune 500 service provider, data of over 500K people leaked

Morley Companies that provides services to several Fortune 500 companies, has admitted it was hit with a ransomware attack

Biden signs memo improving cybersecurity across defence, intelligence sect

Biden signed a memorandum to bolster the cybersecurity of the US defense and intelligence communities' networks.

CrowdStrike launches $100-mn Falcon Fund-II for investment in cybersecurity

CrowdStrike Holdings Inc announced the launch of Falcon Fund-II, a $100-million investment vehicle, in partnership with Accel focused on cross-stage private investments within cybersecurity

Chinese police rap Walmart for violating cybersecurity laws: Local media

Walmart is already a target of accusations in the country for supposedly stopping sales of products from Xinjiang

China to order cybersecurity reviews for firms seeking overseas listings

Companies will not be allowed to list abroad if the review finds that national security could be impacted, the regulator said in a statement on its official WeChat account

What is Log4j? An expert explains the latest internet vulnerability

The software is used to record all manner of activities that go on under the hood in a wide range of computer systems

Indian cybersecurity industry logged $9.85 bn as revenue in 2021: Study

Industry was 'at the forefront' in supporting government, says senior civil servant.

Indian cybersecurity industry hits $9.8 bn in revenue: Nasscom

The Indian cybersecurity industry is also expanding its global footprint, with a presence in the US, Canada, the UK, France, Australia, Singapore, and the UAE

Wipro to acquire cybersecurity provider Edgile for $230 million

Edgile's cybersecurity and risk management professionals are expected to allow Wipro to further enhance its cybersecurity and risk consulting capabilities

Year in review: Five technologies and trends that did not work in 2021

Here is a look at the disappointing aspects of 2021

India's cyber spending isn't catching up amid rise in security breaches

In 2020-21, the initial budget for cybersecurity was Rs 310 crore but was pared down to Rs 170 crore in the revised estimates