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.
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.
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.
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.
WikiLeaks founder Julian Assange returned to court on Thursday and told a British judge that he would not voluntarily accept extradition to the U.S. to face a charge of helping to hack into a Pentagon computer, setting up a legal fight that could take months.
Every day needs to be password security day - attackers certainly aren't dormant the other 364 days of the year. But as World Password Day rolls around again, there's cause for celebration as Microsoft finally stops recommending periodic password changes.
Health insurers and financial institutions across Australia are in the final stretch of preparing for a cybersecurity regulation that looks to put companies on a strong footing amidst an increasingly hostile hacking environment. Here's why compliance with the regulation, CPS 234, is challenging.
The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
Canada's privacy commissioner says Facebook violated its privacy laws by failing to protect users' personal data. The commissioner plans to take Facebook to federal court for allegedly refusing to implement recommendations to strengthen its privacy framework.
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