Jerusalem: The Israel National Cyber Directorate (INCD) announced on Wednesday that 517 cyberattacks have been carried out against universities and colleges in Israel since the outbreak of the Israeli-Palestinian conflict in October last year. In a statement, the INCD noted that while some attacks were successfully thwarted, others caused significant damage. The INCD on Tuesday … Read more
Bengaluru: The average cost of a data breach in India reached an all-time high of Rs 19.5 crore this year, as the local industrial sector experienced the costliest cyber attacks across sectors, a report showed on Wednesday. The Indian industrial sector faced the highest impact from data breaches, with average cost reaching Rs 25.5 crore, … Read more
In an interview with Business Insider, Paul Marino, the Chief Revenue Officer of GraniteShares, highlighted the robustness of the cybersecurity industry. Despite market fluctuations, the sector remains well-positioned to deliver consistent returns to investors. GraniteShares, an asset management and investment firm, oversees assets worth $5.2 billion, demonstrating its significant presence in the investment landscape. Resilience … Read more
American tech giant Microsoft has come under the spotlight amid rising geopolitical tensions between Beijing and Washington, as US lawmakers questioned the company over its ties to the world’s second largest economy. Brad Smith, Microsoft president since 2015, disclosed that China only accounted for around 1.5 per cent of its global revenue, but said there … Read more
An international task force apprehended a Chinese national and dismantled what’s believed to be the “world’s largest” botnet, considered a crushing blow to cybercrime. The cybercriminal allegedly operated this botnet for nearly a decade, netting him an estimated $99 million in profits. The “911 S5” botnet, a sophisticated weapon of choice for cybercriminals, facilitated a … Read more
Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. Shareholders voted Monday in favour of a $2.50 per share offer from Trilogy Retail Holdings Inc. and Trilogy Investments L.P., which already held a 56 per cent stake in Indigo. The Trilogy companies are owned … Read more
Members of Parliament targeted in a suspected China-backed espionage campaign weren’t informed because the attack was thwarted and didn’t affect them, says a spokesperson for the Speaker’s office. The statement comes a day after parliamentarians called out the government for not informing them that they had been targeted for a pixel reconnaissance cyber attack launched … Read more
LONDON: The United Kingdom on Monday (Mar 25) accused Beijing-backed groups of targeting “democratic institutions and parliamentarians” in two cyber campaigns, unveiling sanctions and summoning China’s ambassador. The Chinese embassy in Britain hit back, calling the claim “completely unfounded” and accusing London of “malicious slander”. With Britain expected to hold a general election within months, … Read more
Politics Canada’s financial intelligence agency says it has been hit by a cyberattack. Agency takes corporate systems offline to protect data The Canadian Press · Posted: Mar 05, 2024 2:50 PM EST | Last Updated: 9 hours ago Canada’s financial intelligence agency says it has been hit by a cyber attack. (Graeme Roy/The Canadian Press) … Read more
DigitalTrends.com American Express has put out a data breach advisory after third-party merchants experienced a hacking incident targeting its payment hardware, as reported by Bleeping Computer. The financial services company detailed that the breach occurred in Massachusetts and is associated with an “American Express Travel Related Services Company.” It resulted in several merchants suffering “unauthorized … Read more
