One year after Europe's tough new GDPR privacy law went into full effect, authorities in Britain have seen the number of annual data breach notifications more than quadruple. Meanwhile, the number of data protection complaints filed by Europeans has doubled.
It's critical for SOC team to extensively leverage Artificial Intelligence to transform its operations and enhance its investigation capabilities in making the organization safe from attackers and achieving the business goals.
As Prime Minister Narendra Modi prepares to begin a second term as a result of the recently completed elections, which saw the Bharatiya Janata Party retain control of Parliament, some security experts are upbeat about the prospects for cybersecurity progress in India.
A federal grand jury has indicted WikiLeaks founder Julian Assange on 18 counts under the U.S. Espionage Act for his role in publishing classified material, the Justice Department announced Thursday. He's currently serving a prison sentence in the U.K. and fighting extradition to the U.S.
European police have shuttered Bestmixer.io, considered one of the largest underground money laundering websites for cryptocurrencies used in connection with criminal activities, including ransomware attacks.
Despite multiple government agencies being formed to fight cybercrime, efforts need to be made for better coordination between them, said Lt Gen (retd) Rajesh Pant, the newly appointed national cybersecurity coordinator, PM Office, Government of India.
It's been nearly seven years since HSBC was fined $1.9 billion by U.S. authorities for money laundering violations involving international drug cartels. But Everett Stern, the former employee who blew the whistle on the bank, continues to tell his story because he believes similar criminal activity is ongoing.
Multiple flaws - all serious, exploitable and some already being actively exploited - came to light last week. Big names - including Cisco, Facebook, Intel and Microsoft - build the software and hardware at risk. And fixes for some of the flaws are not yet available. Is this cybersecurity's new normal?
To help security practitioners address their challenges, ISMG is hosting its Fraud & Breach Prevention Summit on May 21 at the Conrad Hotel in Bengaluru, which will offer expert insights on best practices. Among the speakers: Lt. Gen. (retired) Rajesh Pant, the national cybersecurity coordinator of India.
Data localization would increase costs to cloud service providers and change the services available for consumers, says Venkatesh Krishnamoorthy, country manager, India, for BSA, who calls for minimizing regulatory burdens.
Keeping organizations safe from attackers and staying one step ahead of them is a tough proposition, and hence identifying threats accurately with integrated user behavioral analytics and artificial intelligence makes tremendous sense as this can save invaluable investigation time.
European privacy authorities have received nearly 65,000 data breach notifications since the EU's General Data Protection Regulation went into full effect in May 2018. Privacy regulators have also imposed at least $63 million in GDPR fines.
The government of India has created a Defense Cyber Agency that's designed to help in the battle against hackers and has appointed a chief. But does the creation of this agency represent a meaningful strategic initiative or a narrower tactical effort?
Almost a year after it went into full effect, compliance with the EU's GDPR still presents challenges, including monitoring data in a decentralized environment, says Subhajit Deb, CISO at Dr. Reddy's Laboratories. He'll be a featured speaker at ISMG's Fraud and Breach Summit in Bengaluru on May 21.
With cyberattacks, online espionage and data breaches happening at a seemingly nonstop pace, Western intelligence agencies are bringing many of their capabilities out of the shadows to help businesses and individuals better safeguard themselves and respond. We need all the help we can get.
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