The recent cyber-attacks inflicted by ransomware “WannaCry” and “Petya” impacted companies worldwide and across a broad range of sectors, emphasizing the growing and ever-present cyber threat that businesses are facing.
The threat of cybercrime on the global banking and financial services industry is apparent with a tectonic increase in cases over the past few years. These attacks have become highly targeted, and cyber criminals seem to have hit the jackpot by deploying sophisticated techniques for illicit financial gains. From hacking the bank accounts of companies, … More Countering emerging cyber threats in the banking sector
Over the last few years, there has been an exponential rise in targeted cyber-attacks which are aimed at financial gain. Incidents around ransomware, data breach incidents and Distributed Denial of Service or DDoS attacks also made headlines worldwide. Today, a company’s ability to deal with such situations effectively is a priority but at the same … More Cyber incident response remains low in corporate India
In July 2001, Counterpane Internet Security, a new start-up firm released their free monthly newsletter covering various topics related to computer security and cryptography. The primary focus of that edition was “Monitoring First” and the articles laid emphasis on the need to monitor networks and systems before anything else. It recommended that companies need to … More Strengthening network security through proactive monitoring