COVID-19 pandemic has pushed the concept of remote working beyond any preconceived growth expectations. It doesn’t appear a short-term situation as many organizations and their employees benefit from this new business structure. Rightfully so, IT and security teams should...
The Federal Bank is one of India’s largest private sector commercial banks that serves a customer base of more than 10 million. The Bank does over 600,000 debit card transactions every day. It has more than 2,800 touchpoints (over...
Medfin Australia, a subsidiary of National Australia Bank (NAB), confirmed that they were targeted with a sophisticated cyberattack that was spotted on June 14, 2020. Although the attack could have been severe, however, no loss of customer data has...
The key message that came through at the Akamai Edge Live APAC Virtual Summit 2020 on July 2, 2020, was that the nature of cyberattacks on organizations was growing in scale and sophistication. And the only way to contain...
Opening or downloading malicious links or attachments could result in severe security issues. With employees working remotely across the globe, corporate data security has become a challenge for organizations. A research from security firm NetMotion revealed that cyberthreats soared...
The Cybersecurity and Infrastructure Security Agency (CISA) in the U.S. issued security guidelines on how to mitigate cyber risks originating from anonymity networks like Tor. In collaboration with the FBI, CISA released an advisory explaining how attackers use Tor's...
A survey from the Global Association of Risk Professionals (GARP) revealed that risk managers across the world effectively handled the sudden transition to work-from-home amid COVID-19. According to the survey, 87% of risk professionals globally are working remotely compared...
Third-Party Risk Management (TPRM), commonly referred to as vendor or supply chain risk management, is not a new concept. It was originally founded with a more traditional on-premises IT mindset and was centered on an expectation of always having...
A survey from cybersecurity solutions provider Trend Micro revealed that nearly 72% of remote workers are more conscious about their organization’s cybersecurity and data handling policies since the lockdown began.
The survey “Head in the Clouds” stated that 85% of...
To address the concern over the rising number of devices at home being connected to the Internet, the European Telecommunications Standards Institute (ETSI) launched a new cybersecurity standard (ETSI EN 303 645) to establish a security baseline. From large...
