Enterprise cybersecurity is no longer just about a siloed team of professionals securing the firm's systems and servers. Security has evolved into a key business consideration with people at its core, according to Suraj Jayaraman, Microsoft's director of cloud security architecture.
Financial institutions must leverage artificial intelligence and other new-age authentication tools to establish a robust KYC process in the era of remote account opening, said Vishal Kapoor, head of group finance audit and risk audit and executive director at DBS Bank.
European Union lawmakers have criticized the British government's updated privacy bill over concerns that it fails to adequately protect European citizens' fundamental rights. Lawmakers also heard from the Irish data authority on the status of its pending TikTok inquiry.
Developing a cyber resilience playbook is a continuous process that demands constant enhancement, rather than a one-time input. By beginning with targeted action items and progressively expanding upon them, organizations can make every conceivable recovery scenario more manageable.
Gaurav Gupta from MeiTY, India, recommends that CIOs and CISOs should initiate their digital forensics readiness journey in advance by training first responder employees to prevent any evidence contamination. Gupta emphasized that data created will always remain.
Fallout from the March hack of Capita and accompanying data breach continues to mount. While the outsourcing giant initially reported no signs of data exfiltration, multiple customers - including Britain's largest pension fund and potentially hundreds more - now say personal data is indeed at risk.
Members of the U.K. Parliament considering modifications to national privacy law heard assurances Wednesday that the European Union will go along with them. "U.K. GDPR retains all the rights of the European citizens," said John Edwards, U.K. Information Commissioner said Wednesday.
Real estate is catching up with technology but has a long way to go in terms of innovation, said Arvind Singh, chief technology officer and executive vice president of IT for Puravankara Group. Singh shared how to select the right security tools and protect the data of real estate customers.
The LockBit 3.0 ransomware group on Monday leaked 600 gigabytes of critical data stolen from Indian lender Fullerton India two weeks after the group demanded a $3 million ransom from the company. The stolen data includes "loan agreements with individuals and legal companies."
Researchers found Android malware masquerading as a legitimate application available and downloaded over 620,000 times from the Google Play store. The apps have been active since 2022, posing as legitimate photo-editing apps, camera editors and smartphone wallpaper packs.
Organizations with a security-by-design approach need to go beyond being reactive to a proactive, offensive strategy to strengthen their security posture, says Mrutyunjay Mahapatra, member board of directors and chairman of the audit committee at Reserve Bank Innovation Hub.
As IT and OT systems converge with the adoption of Industry 4.0, the security risk to OT systems and IoT devices is high. To secure the enterprise, organizations need network segmentation tools to scan for malicious content across the OT environment, says Ivan Issac of OPSWAT.
The United Kingdom should augment its cryptocurrency asset seizure abilities as part of an effort to combat ransomware and other cybercrime, a parliamentary panel heard. The rate of seizures is not commensurate with the level of crypto adoption, said Aidan Larkin, CEO of Asset Reality.
While large conglomerates are uncertain about their future in an economically volatile world, AirAsia is paving the way to growth while staying digitally resilient through cybersecurity, according to Shyam Krishnamurthy, country head of AirAsia's Super App.
The global commercial spyware market will expand over the next five years as demand for advanced surveillance tools by governments surges, says a new report from the U.K.'s National Cyber Security Center. The NCSC assesses that at least 80 countries have purchased advanced spyware apps.
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