Tagged: cybersecurity

Financial Industry Faces Increasing AI, Blockchain and Organized Crime Threats, Report Reveals

Kaspersky has introduced its Security Bulletin, which aims to examine the key cybersecurity trends of the past year and offers a glimpse into the potential future of these developments. The update from Kaspersky is dedicated to cybersecurity issues in the financial services ecosystem, offering an… Read More

Cybercrime as a Service: SIM Swap Scam Shuttered in Europe, CEO of Kidas Comments on the Extensive Fraud, Shares How to Avoid SIM Swap Traps

Last month, Europol announced that it had arrested seven individuals who were allegedly perpetrators in a SIM Swap scam operation. Described as a Cybercrime-as-a-Service operation, enforcement agencies took down five servers and seized 1,200 SIM box devices and 40,000 active SIM cards. Thousands of SIM… Read More

EY US Selects CrowdStrike Solution to Enhance Cybersecurity Managed Services

CrowdStrike (NASDAQ: CRWD) and Ernst & Young LLP announced that EY US has selected CrowdStrike Falcon Next-Gen SIEM as the foundational platform enabling its cybersecurity managed services. With Falcon Next-Gen SIEM and EY US managed services experience, enterprises worldwide can accelerate the move futher “beyond legacy security… Read More

Cybercriminals Launch Campaign to Steal Sensitive Documents from APAC Nations, Report Reveals

Earlier this year, Kaspersky’s Global Research and Analysis Team (GReAT) identified a campaign by the ‘Mysterious Elephant’ APT. The group mainly targets government entities as well as foreign affairs organizations across the APAC area, with a particular focus on Pakistan, Bangladesh, Afghanistan, Nepal, Sri Lanka… Read More

AI Emerges as Key Cybersecurity Investment Priority for Firms : PwC

Nearly eight-in-ten organisations say their cyber budget will increase in the coming year, as businesses contend with an array of cyber risks Investment in AI was the main budget priority (36%) over the next 12 months, ahead of cloud security (34%), network security (28%) as… Read More

Cybersecurity Firm Kaspersky Announces AI and Digital Transformation focused Updates

In an environment where digital transformation also accelerates vulnerabilities, Kaspersky continues to focus on cybersecurity initiatives. This month, the global firm unveiled significant updates across its product suite, a specialized training program, and alarming research on AI-enhanced threats. These developments underscore Kaspersky’s commitment to proactive… Read More

Kaspersky Announces Cybersecurity focused Updates, Aims to Combat AI Risks

Kaspersky continues to lead the charge with timely warnings, product launches, and strategic initiatives. The company has issued critical alerts on emerging vulnerabilities while bolstering its portfolio for businesses worldwide. These updates underscore Kaspersky’s commitment to proactive defense amid rising AI integration, automotive cyber risks,… Read More

Accenture and Google Cloud Partner with Eneva to Enhance Energy Solutions in Brazil

Accenture (NYSE: ACN) announced pivotal developments that underscore its commitment to product development across Latin America and other regions along with ensuring adequate security across its solutions. Recently, Accenture partnered with Google Cloud to transform Brazil’s energy landscape alongside Eneva, a private natural gas operator…. Read More

“CopyPasta” Security Vulnerability Detected in Coinbase’s AI Coding Assistant

In the fast-paced industry of software development, artificial intelligence has become a key part of the process, aiming to improve coding processes and boost productivity. However, a newly uncovered security flaw is becoming a serious concern, particularly for cryptocurrency platforms like Coinbase. Cybersecurity professionals at… Read More

Kaspersky Aims to Enhance Cybersecurity with New Module, Highlights Rising Online Threats

Cybersecurity firm Kaspersky has introduced a significant enhancement to its Digital Footprint Intelligence (DFI) service: the External Attack Surface module. This digital tool, integrated into Kaspersky’s Threat Intelligence portal, aims to enable organizations with advanced capabilities to monitor and secure their internet-exposed assets. Alongside this… Read More

EC-Council Confirms $20M+ Investment in AI Security Firm FireCompass

EC-Council, a provider of cybersecurity education and creator of the Certified Ethical Hacker (CEH) credential, has confirmed a $20 million-plus investment in FireCompass, an AI-powered offensive security platform. This move is part of EC-Council’s $100 million Cybersecurity Innovation Commitment, created to accelerate the development of… Read More

Hackers Conceal Malware in Ethereum Smart Contracts According to New Cybersecurity Report

Cybercriminals are leveraging the complexity of blockchain technology to obscure malicious activities, with a new tactic involving the concealment of malware within Ethereum smart contracts, according to a recent report by cybersecurity firm ReversingLabs. This sophisticated approach allows hackers to disguise harmful traffic as routine… Read More

Cybersecurity Venture Capital Surges in Q2 2025, Supported by AI-Driven Demand : Research

The cybersecurity sector has experienced a resurgence in venture capital activity in Q2 2025, marking its strongest quarter since mid-2022. According to the latest Cybersecurity VC Trends report from PitchBook, the industry saw $4 billion invested across 163 transactions, reflecting a significant uptick in deal… Read More

Rising Online Threats and Global Crackdowns: Kaspersky Shares Insights on Exploits, Ransomware, Cybersecurity Initiatives

In an increasingly digital environment, cyber threats are evolving at an alarming pace, targeting vulnerabilities across platforms and regions. Kaspersky, a global enabler of cybersecurity, has recently released reports highlighting a surge in exploits affecting Linux and Windows users, the resurgence of the Russian-speaking ransomware… Read More

UAE Reports Over 12,000 Wi-Fi Network Breaches in 2025

The United Arab Emirates’ Cyber Security Council said on Sunday that more than 12,000 security breaches have been recorded across Wi-Fi networks nationwide since January, representing approximately 35% of all cyberattacks in the country this year. The council warned of escalating risks from untrusted wireless… Read More

Emerging Online Threats and AI Trends Examined in Cybersecurity Report

In the landscape of cybersecurity and technology, Kaspersky’s recent reports highlight critical developments in cyber threats and the growing role of artificial intelligence in everyday applications. From sophisticated malware campaigns targeting financial institutions to the resurgence of a notorious backdoor and the underutilized potential of… Read More

Canadian Investment Regulatory Organization (CIRO) Responds to Cybersecurity Threat with System Shutdown

The Canadian Investment Regulatory Organization (CIRO), the national body overseeing investment dealers and trading activities, took decisive action last week by temporarily shutting down several of its systems in response to a detected cybersecurity threat. This measure underscores the importance of digital defenses in the… Read More

Axiata Group Signs Cybersecurity Partnership with Cambodia Ministry

Malaysian telecommunications company Axiata Group Berhad signed a memorandum of understanding with Cambodia’s Ministry of Post and Telecommunications to enhance cybersecurity capabilities and develop digital talent in the Southeast Asian nation. The agreement establishes cooperation between Axiata and the ministry across cyber threat intelligence, incident… Read More

Cybersecurity Firm Kaspersky Reports Significant Increase in Phishing Attacks

Kaspersky has detected and blocked “over 142 million” phishing link clicks in Q2 2025, a “3.3% increase from Q1.” Currently phishing is going through a shift driven by “sophisticated AI-powered deception techniques and innovative evasion methods.” Cybercriminals are exploiting deepfakes, voice cloning and trusted platforms… Read More

Accenture to Acquire Cybersecurity Firm CyberCX

Accenture (NYSE: ACN) has agreed to acquire CyberCX, a privately-owned cybersecurity services provider serving private and public sector organizations across Australia, New Zealand and internationally. The move represents Accenture’s largest cybersecurity “acquisition to date and will bolster Accenture’s cybersecurity services in Asia Pacific.” It will… Read More

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