A threat actor who claims to have stolen 16 million customer records from HDFC Life is demanding a $6.9 million ransom to keep from selling it on the darkweb. The stolen records of the Indian insurance giant are being advertised for sale beginning Dec. 6 for 200,000 tether, or $200,000.
In this episode of Information Security Media Group's monthly series, "Insights APAC," ISMG editors discuss the top cybersecurity developments from November, including Australia's social media ban, Chinese data protection audits and the latest fine against Meta by India.
Security researchers have uncovered 16 zero-day vulnerabilities in Japanese equipment manufacturer Fuji Electric's Tellus and V-Server remote monitoring software that enable attackers to execute malicious code in devices commonly used by utilities and other critical infrastructure providers.
In the third episode of ISMG's "APAC Insights" series, Equicom Savings Bank's Rei Nikolai Magnaye and former Indian Navy cybersecurity expert Rishi Das explain why cyberpsychology matters and how quantum computing advances could threaten enterprise networks.
South Korean technology companies have suffered at least 10 cases of sensitive technology leaks by malicious insiders since January and authorities recorded a 20% rise in such incidents over the previous year. The compromised technologies include OLED display technology and DRAM chip designs.
The Australian government's proposed cybersecurity legislation passed both houses of the Parliament on Monday, formalizing the government's strategy to boost ransomware payment reporting, mandate basic cybersecurity standards for connected devices and enhance critical infrastructure security.
North Korean state actors are using fake websites of foreign technology service firms to sidestep sanctions and raise funding for Kim Jong-Un regime's weapons development programs. SentinelLabs found many of these sites shared similar infrastructure, owners and locations.
India's Competition Commission has fined social media conglomerate Meta over $25 million for forcing WhatsApp users to agree to a sweeping data sharing policy with other Meta platforms. The agency ordered the company to stop using users' data for online advertising on other Meta platforms.
The Australian government is alerting critical infrastructure providers that state-sponsored actors are positioning malware in their networks that can be weaponized to disrupt operations during major crises or a military conflict. The hackers employ living-off-the-land technique to avoid detection.
ISMG's Cybersecurity Summit: Mumbai on Wednesday hosted a packed audience of cybersecurity leaders, with keynote and plenary speakers stressing the importance of cyber resilience and aligning their processes with India's Digital Personal Data Protection Act.
The Australian government is on track to introduce a bill in the Parliament to ban youths under the age of 16 from accessing social media platforms, but critics say age verification technologies are not accurate and a ban may push children into unsafe, less visible parts of the internet.
Information Security Media Group's flagship Cybersecurity Summit will kick off in Mumbai on Nov. 13, bringing together India's top cybersecurity experts, practitioners and thought leaders to discuss the most pressing concerns, challenges and opportunities shaping the cybersecurity landscape in 2024.
South Korea's National Police Agency has arrested more than 500 people in a crackdown on Telegram scams involving deepfake sexually oriented content and fake kidnappings. Police said scammers are targeting women and altering their social media content to create pornography and deceptive content.
The Indonesian military has responded to a major data breach by creating a brand new cyber force to defeat adversaries, but a lack of long-term planning, resources and collaboration with the private sector could turn the initiative into a non-starter.
Following a major defeat in the October general elections, the Liberal Democratic Party is struggling to muster enough votes in the Parliament to pass a cybersecurity bill to set improve its cyber defense program. The government planned to introduce the bill in late 2024.
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