A "zero trust" framework can help organizations better define their access control strategies and ramp up authentication, says Vishal Salvi, global CISO and head of cybersecurity at Infosys Ltd., a multinational outsourcing company.
The identity and access management strategy for the remote workforce should ensure contextual authentication to establish the credentials of the users, apply risk-based authentication for measuring user risk profiles, and establish a multifactor authentication mechanism, a panel of experts says.
Apple and Google have released new APIs designed to support contact-tracing apps being developed by governments to help combat the COVID-19 pandemic. Already at least three U.S. states and 22 countries have expressed interest in using the APIs to build their apps.
Australian shipping giant Toll Group recently suffered its second ransomware outbreak of the year, with Thomas Knudsen, the company's managing director, branding the latest attack as being "serious and regrettable." But was it preventable?
European budget airline EasyJet says it suffered a data breach that exposed 9 million customers' personal details. While no passport details were exposed, the company's ongoing investigation has also found that attackers "accessed" a small number - just 2,208 - of customers' payment card details.
If an organization fails to stop a ransomware attack, how does it recover the data? Backups, of course, are essential. But Peter Marelas of Dell Technologies says organizations should have a well-developed strategy for backups because attackers are increasingly targeting those systems as well.
Australian shipping giant Toll Group has vowed to again not pay a ransom after suffering its second ransomware attack of the year. In the latest incident, however, the company warns that attackers also stole corporate data - and it may get leaked.
In a video interview, a panel of experts describes why implementing a "zero trust" architecture for the remote workforce during the COVID-19 pandemic requires redefining access control and security strategies.
Organizations that have shifted to a remote workforce as a result of the COVID-19 pandemic should help in the battle against cybercrime by reporting all security incidents to law enforcement officials for investigation, says Brijesh Singh, inspector general of police, the government of Maharashtra.
Organizations in India need to ramp up their authentication efforts in light of a 40% increase in cashless transactions since the start of the COVID-19 pandemic, which has led to increases in attempted fraud, security experts say.
A sophisticated, highly targeted phishing campaign has hit high-level executives at more than 150 businesses, stealing confidential documents and contact lists, says security firm Group-IB. The campaign, which targets Office 365 users, appears to trace to attackers operating from Nigeria and South Africa.
With most employees working at home during the COVID-19 pandemic, it's more important than ever for businesses to ensure that their third-party providers have adequate business continuity plans in place to ensure uninterrupted service, says Srilanka-based Sujit Christy, global CISO at John Keells Holdings.
The notorious carder marketplace Joker's Stash is advertising a fresh batch of 400,00 stolen payment cards issued by both South Korea and U.S. banks, warns Group-IB. It says that on average, stolen APAC payment card data sells for five times more than stolen U.S. payment card data.
To deal with the problem of "shadow IT" during the COVID-19 pandemic, organizations should put in place redefined compliance and governance policies, take a multilayered security approach and adopt a security framework to prioritize risks, a panel of three experts advises.
Many governments are pursuing contact-tracing apps to combat COVID-19, but such projects risk subjecting populations to invasive, long-term surveillance - as well as insufficient adoption - unless they take an open, transparent and as decentralized approach, says cybersecurity expert Alan Woodward.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.asia, you agree to our use of cookies.