Tag "cyber-security"

Why Facebook continues to be the top sweet spot for cybercriminals?

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INDIA: Did you know that popular social networking pages like Facebook, LinkedIn were frequently faked by cybercriminals to try and steal personal data via phishing attacks? Reports suggest that fake Facebook sites alone accounted for 60% of social network phishing in

RSA helps CISOs quantify organizations’ financial risk exposure to cyber attacks

MUMBAI, INDIA: RSA has come up with the RSA Archer Cyber Risk Quantification use case that helps business users quantify their organizations’ financial risk exposure to cybersecurity events. The quantification of cyber risk will empower CISOs to better communicate the

Why the case for AMD chips’ security flaw looks flawed?

By : CIOL Writers

After successfully tackling the Meltdown and Spectre security attacks, a group of Israeli security researchers have discovered a major security flaw in AMD chips that could allow attackers to access sensitive data from highly guarded processors across millions of devices. CTS-Labs, a

Intel rolls out new Spectre patches for Kaby Lake, Coffee Lake platforms

By : CIOL Writers

Intel has rolled out updated Spectre patches for its Skylake, Kaby Lake, and Coffee Lake processors. The patches help address Spectre variant 2 attacks. The updates will be issued through OEM firmware pushes. Intel’s Navin Shenoy wrote, “[We] have now released production microcode

Analyzing user behavior is crucial for building a better cyber defense

Soma Tah Have you ever left your house keys in the front-door lock? Silly, isn’t it? But, just take a look at the major data breaches from the past few years. It seems that although organizations are now prudent enough to put

Application fraud using synthetic identities on rise in APAC region

By : CIOL Writers

Six in ten banks in Asia Pacific say that they are experiencing application fraud using synthetic identities according to a recent poll by FICO, and a further one in five banks say that the number of fraudulent applications for credit

Japan’s cryptocurrency exchange loses over $500M in cyber theft

By : CIOL Writers

Japanese cryptocurrency exchange Coincheck suspended client deposits and withdrawals for virtual currencies except bitcoin, on Friday saying it had been hacked. Coincheck said it was investigating “unauthorised access” of the exchange that appeared to result in a loss worth half

Google awards researcher $110K for Pixel exploit

By : CIOL Writers

Google has awarded a total of $112,500 to a security researcher for his discovery of a critical remote exploit chain that affected Google Pixel devices. Chinese security researcher with Qihoo 360 Technology, Guang Gong reported the bugs to Google through its Android Security Rewards programme last August, and

MacOS hit by DNS Hijacker called MaMi

By : CIOL Writers

Way back in 2012, millions of Windows PC were affected by DNSChanger malware and now, in 2018 the same malware has been observed for MacOS. The threat was first discovered by Patrick Wardel and has been named as MaMi. Similar

Google removes 60 gaming apps with pop-up porn malware

By : CIOL Writers

Google took down 60 gaming applications after security firm Check Point said it had discovered new malicious software in the apps available to both children and adults at Google Play Store. The malicious software displayed pornographic ads and tried to trick users into buying premium services, according to

WhatsApp bug lets anyone infiltrate your group chat

By : CIOL Writers

Security researchers have revealed a vulnerability in WhatsApp that it possible to infiltrate private group chats without admin permission. According to a report in Wired, the researchers say that anyone who controls WhatsApp’s servers can add people into private group chats, without getting

Meltdown and Spectre: The CPU bugs that can affect almost every computer and device

By : CIOL Writers

Researchers have found a major security flaw in processors that affects almost every Intel, AMD and ARM chipset as well as the devices and operating systems running on them. The direct fall out of the vulnerability are ‘Meltdown‘ and ‘Spectre‘- two

Bitcoin miner NiceHash gets new CEO following hack

By : CIOL Writers

Weeks after hackers stole away $60 million worth of bitcoin from cryptocurrency mining startup NiceHash, the Slovenian startup has replaced its CEO. Marko Kobal, who cofounded NiceHash, stepped down last week from his role as the CEO, announcing it on LinkedIn. “As you are

2018: Security concerns loom large on businesses with sophisticated cyber attacks

Sonal Vats 2017 witnessed a spate of cyber-attacks including WannaCry, NotPetya, Equifax breach, Zomato hack, HBO’s infamous GoT data theft and of course the latest Nicehash security breach. Unfortunately, the trend will continue in 2018 also. The increased connectivity and enlarged

Getting Sharper on Security

By : CMR Analyst

The security threat vectors have certainly erupted both in numbers and complexity, with ever-expanding landscape of ransomware attacks and high-profile data breaches. This is all thanks to the rise of multiple digital communication channels like social media and mobile, and

Indian govt. sets up NIC-CERT to tackle cyber-attacks

By : CIOL Writers

The union information technology (IT) ministry has set up NIC-CERT, a dedicated unit that will monitor, detect and prevent cyber attacks on government networks. “All communications between government departments — Centre, State and district, as well as interactions between the

Uber paid hacker $100K to keep data breach secret: Report

By : CIOL Writers

Uber’s 2016 data-breach wasn’t some state-sponsored sophisticated cyber-attack but an extortion-oriented hacking by a 20-year-old Florida man, Reuters reports. The cab-aggregator, then paid him $100,000 under the guise of a bug bounty program to keep quiet about the breach which exposed information

Bitcoin miner NiceHash loses $60M after security breach

By : CIOL Writers

After touching $14,000 mark and creating a frenzy of sorts for past few days, Bitcoin brought in some trouble for users when Slovenian-based bitcoin miner NiceHash reported a cyber-breach on Wednesday. “Unfortunately, there has been a security breach involving NiceHash website. We are currently

Apple releases update to fix macOS security flaw

By : CIOL Writers

Apple has released a security update for macOS High Sierra that fixes the serious security flaw that let anyone log into your Mac without your password. The critical bug, which gained attention after it was tweeted by developer Lemi Ergin, lets anyone

macOS High Sierra bug allows root access without password

By : CIOL Writers

Apple’s macOS High Sierra has a serious bug that allows anyone to log in just by putting “root” in the user name field. Needless to say, the hack is quite easy to pull off. It can be triggered through the Mac’s