The Reserve Bank of India has issued new cybersecurity guidelines to scheduled banks, directing them to devise cybersecurity policies distinct from their institutions' existing IT or IS security policies.
Security is moving fast, but is still playing a catch-up game with technology. In this scenario, age-old paradigms need to be revised to remain relevant, says Oracle's security lead for APAC, Chris Pickett
Nandkumar Saravade, DSCI's chief, has been named CEO of Reserve Bank of India's new IT subsidiary. Security leaders set expectations for the new role and suggest important areas that need immediate attention.
IBM's Vaidyanathan Iyer says security practitioners need new tactics to bridge the skills gap and fight emerging threats. He suggests the use of analytics and machine learning would easily help fill the gap in detecting threats.
Cross-regional collaboration, biological cybernetics and active defense/deception technology where some of the forward-looking themes at the recent MESA event in Dubai. Here are some highlights from ground zero.
Since California passed its pioneering data breach notification law in 2003, many other states and some countries have followed suit. Here's a closer look at the status of breach notification requirements in four regions.
As Asian countries work to bring their cybersecurity capacity up to speed, collaboration can help ease the burden. Dr. Amiruddin Wahab, Cybersecurity Malaysia's CEO, shares insight on national capacity building and cross-regional cooperation.
Dr. Amirudin Wahab, CEO, Malaysia Cybersecurity, says organizations in the Middle East must adopt a strong public-private partnership model and build an effective information-sharing platform to create a more secure ecosystem.
Security leaders, while welcoming India's new intellectual property rights policy as a step in the right direction, argue that the policy lacks specifics around awareness creation, enforcement of IP rights and software patenting.
Cyberattacks are increasing in frequency, complexity, nuance and stealth. But human error, business compulsions and increasingly complex environments make it difficult to maintain adequate defenses, says Juniper Network's CTO for India and SAARC
The $940 billion compensation awarded to Epic Systems in its case against Indian IT major TCS is unprecedented - shaking the industry out of its complacency to information security. Cyber law expert "Naavi" takes a close look at the implications for India.
The SWIFT messaging platform, which was hacked during the Bangladesh Bank heist, is used widely by most Indian banks for international financial transactions. Institutions that rely on the platform must be more vigilant, experts warn.
Anonymous, which launched a DDoS attack on Bank of Greece's website and those of several other banks, plans to attack top banks from Southeast Asia. Can Indian banks deflect such attacks with adequate DDoS defences?
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.
Following a massive data leak, Qatar National Bank has confirmed that its systems may have been hacked. A group with Turkish ties has claimed credit for the attack and reportedly threatened to release information from a second bank hack.