Cybercrime has gradually evolved into a thriving industry and is expected to inflict over $5 trillion worth of damages annually by 2021, making the prevention and detection of cyber vulnerabilities paramount. Persistent efforts by enterprises to combat and mitigate...
A new KPMG survey revealed that U.S. consumers are becoming increasingly concerned with, and distrustful of, how companies use, manage and protect their personal data. According to the survey, 56% of Americans reported wanting more control over their personal...
A survey from endpoint management services provider Tanium revealed that 90% of security leaders experienced an increase in cyberattacks due to the pandemic and 93% admitted that they were forced to delay key security projects due to sudden remote...
i3forum, a non-profit body, has launched a “Messaging Fraud Work Group” that will help fight Application-to-Person (A2P) messaging frauds taking place across the telecom ecosystem. This group’s key roles include providing advanced insights, knowledge, and collaboration among industry leaders.
What...
ATM manufacturer Diebold Nixdorf warned that unknown threat actors have used its proprietary software in a series of attacks against Diebold’s ProCash 2050xe USB cash terminals to illegally dispense cash across Europe. In a security alert, the company stated...
A research from cybersecurity services provider LogRhythm revealed that 93% of security professionals lack the necessary tools to detect cyberthreats and 92% stated that they are still looking for suitable preventative solutions to mitigate the security gaps. The research...
IIFL Finance is one of the leading players in the Indian financial services industry. The IIFL Group covers multiple markets, including wealth management, home loans, microfinance, and retail banking, and has 2,377 branches in more than 500 cities across...
A global survey on the financial impact of data breaches on organizations by IBM Security revealed that security incidents cost $3.86 million per breach on average for companies. The survey “Cost of a Data Breach Report 2020” stated that...
Technology giant Dell EMC issued a security patch for a path traversal vulnerability found in the Integrated Dell Remote Access Controller (iDRAC) that could allow threat actors to get full control of server operations. The company urged users to...
Promo.com, which is popularly known for its social media ads creation platform, went on record to disclose a data breach incident that compromised nearly 22 million of its user records. As per the initial internal investigation, the source of...
