How AI may impact fraud prevention in 2025? – ET CISO https://etimg.etb2bimg.com/thumb/msid-116586722,imgsize-5318,width-1200,height=765,overlay-etciso/cybercrime-fraud/how-ai-may-impact-fraud-prevention-in-2025.jpg As artificial intelligence (AI) continues to evolve, financial institutions are exploring its potential to streamline operations, enhance customer experiences, and improve security. In 2025, AI use cases that prioritize efficiency, fraud prevention, and personalised services are expected to be among the most impactful in the sector.Fraud prevention and ...
Read More »Yearly Archives: 2024
AI Could Generate 10,000 Malware Variants, Evading Detection in 88% of Case
AI Could Generate 10,000 Malware Variants, Evading Detection in 88% of Case https://firewall.firm.in/wp-content/uploads/2024/12/malware-ai.png Dec 23, 2024Ravie LakshmananMachine Learning / Threat Analysis Cybersecurity researchers have found that it’s possible to use large language models (LLMs) to generate new variants of malicious JavaScript code at scale in a manner that can better evade detection. “Although LLMs struggle to create malware from scratch, ...
Read More »Taiwan faces almost 1 million monthly cyber attacks from China – ET CISO
Taiwan faces almost 1 million monthly cyber attacks from China – ET CISO https://etimg.etb2bimg.com/thumb/msid-116587137,imgsize-48156,width-1200,height=765,overlay-etciso/cybercrime-fraud/taiwan-faces-almost-1-million-monthly-cyber-attacks-from-china.jpg Chinese hackers launch an average of 900,000 attacks on Taiwan’s Legislative Yuan (LY) each month, Taipei Times reported citing legislature’s information technology (IT) department’s statement. The Legislative Yuan, is the highest legislative organ,whicb exercises legislative power on behalf of the people. Cheng Hui-pin, the head of ...
Read More »TCS, Fortinet, ESDS, ET CISO
TCS, Fortinet, ESDS, ET CISO The year 2025 will see an increase in the exploitation of the generative artificial intelligence (genAI) technology for cyberattacks, enterprises’ enhanced focus on securing their cloud environments, and robust cyber resilience strategies. As the year 2024 comes to a close, homegrown Tata Consultancy Services (TCS), global cybersecurity firm Fortinet, and IT services firm ESDS have ...
Read More »CISA Adds Critical Flaw in BeyondTrust Software to Exploited Vulnerabilities List
CISA Adds Critical Flaw in BeyondTrust Software to Exploited Vulnerabilities List https://firewall.firm.in/wp-content/uploads/2024/12/cisa.jpg Dec 20, 2024Ravie LakshmananCISA / Vulnerability The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday added a critical security flaw impacting BeyondTrust Privileged Remote Access (PRA) and Remote Support (RS) products to the Known Exploited Vulnerabilities (KEV) catalog, citing evidence of active exploitation in the wild. The ...
Read More »Inter-state cyber fraud gang busted through Colonel’s stolen iPhone in Lucknow – ET CISO
Inter-state cyber fraud gang busted through Colonel’s stolen iPhone in Lucknow – ET CISO https://etimg.etb2bimg.com/thumb/msid-116490759,imgsize-648772,width-1200,height=765,overlay-etciso/cybercrime-fraud/inter-state-cyber-fraud-gang-busted-through-colonels-stolen-iphone-in-lucknow.jpg The theft of an iPhone belonging to Colonel Santosh Kumar Mishra has led to the unearthing of a sophisticated inter-state cyber fraud gang, specialising in stealing mobile phones and using them to execute financial crimes. The gang was busted through the joint efforts of the ...
Read More »Sophos Issues Hotfixes for Critical Firewall Flaws: Update to Prevent Exploitation
Sophos Issues Hotfixes for Critical Firewall Flaws: Update to Prevent Exploitation https://firewall.firm.in/wp-content/uploads/2024/12/firewall.png Dec 20, 2024Ravie LakshmananFirewall Security / Vulnerability Sophos has released hotfixes to address three security flaws in Sophos Firewall products that could be exploited to achieve remote code execution and allow privileged system access under certain conditions. Of the three, two are rated Critical in severity. There is ...
Read More »How safe is your data? About 85% of DDoS attacks in India on financial sector – ET CISO
How safe is your data? About 85% of DDoS attacks in India on financial sector – ET CISO https://etimg.etb2bimg.com/thumb/msid-116525644,imgsize-173768,width-1200,height=765,overlay-etciso/cybercrime-fraud/how-safe-is-your-data-about-85-of-ddos-attacks-in-india-on-financial-sector.jpg The number of distributed denial-of-service (DDoS) attacks on Indian infrastructure has increased by 50% since the beginning of 2024.Overall, 85% of the DDoS attacks in Indian cyberspace target the financial sector, while the remaining 15% target government agencies. For example, the ...
Read More »LockBit Developer Rostislav Panev Charged for Billions in Global Ransomware Damages
LockBit Developer Rostislav Panev Charged for Billions in Global Ransomware Damages https://firewall.firm.in/wp-content/uploads/2024/12/ransomware.png A dual Russian and Israeli national has been charged in the United States for allegedly being the developer of the now-defunct LockBit ransomware-as-a-service (RaaS) operation since its inception in or around 2019 through at least February 2024. Rostislav Panev, 51, was arrested in Israel earlier this August and ...
Read More »India STEM foundation empowers future tech leaders with gamified cybersecurity learning by CrowdStrike – ET CISO
India STEM foundation empowers future tech leaders with gamified cybersecurity learning by CrowdStrike – ET CISO https://etimg.etb2bimg.com/thumb/msid-116526126,imgsize-38550,width-1200,height=765,overlay-etciso/cybercrime-fraud/india-stem-foundation-empowers-future-tech-leaders-with-gamified-cybersecurity-learning-by-crowdstrike.jpg India STEM Foundation (ISF) hosted a cybersecurity education program in partnership with CrowdStrike, a global leader in cybersecurity, on December 10. As part of its Anushikshan skill development initiative, ISF held the event at CrowdStrike’s corporate office in Kharadi, Pune, where more than ...
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