According to IT Governance, a global provider of cyber risk and privacy management solutions, 4.3 million records were compromised by cyberattacks across the world in April 2023. This represents an 89% decrease from April 2022. However, organizations must not let this lull them into a false sense of security. Cybercriminals …

Android Smartphone users in front of the big warning signal? A new malware has been discovered, which may pose a major threat to Android users. India’s Central Computer Emergency Response Team or CERT-In has already issued an alert in this regard. The malware, called ‘DAAM’, is infecting Android smart phones, …

Sophos, the world’s leading cyber security firm, has recently released its annual report. The State of Ransomware 2023 report found a slight decrease in the rate of ransomware attacks in Asia Pacific and Japan (APJ) last year. According to the latest survey, 68 percent of organizations have fallen victim to …

The administration of America has allowed the neuro chip made by Musk’s company to be implanted in the human brain. Elon Musk’s neural brain research organization is called Neuralink. They have developed a chip to eliminate neurodegenerative diseases. They have been researching this chip for a long time. They applied …

Another threat actor has unleashed a cyber attack on the UAE banking sector, hot on the heels of the DDoS attacks on First Abu Dhabi Bank and UAE Pass by Anonymous Sudan. Hacker group Mysterious Team Bangladesh has claimed responsibility for taking down the websites of the Abu Dhabi Commercial …

Abu Dhabi Islamic Bank (ADIB) has become the first bank in the UAE to offer a convenient remote account opening service for small and medium-sized enterprises (SMEs) using facial recognition technology. This new service allows businesses to open an account without having to visit a branch or submit physical documents. …

Staff Reporter: Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, our cybersecurity platform protects 500,000+ organizations and 250+ million individuals across clouds, networks, devices, and endpoints. As a leader in cloud …

Threat actors are getting creative with crypto scams, leading to massive fund drainage from victims’ wallets. One such scam service ended up looting almost $6 million in crypto from over 4,500 victims. Moving on to data breaches, an Iowa hospital notified patients of a data breach that potentially compromised their …

Staff Reporter: Blockchain technology is a promising new technology with the potential to revolutionize the financial sector. However, there are a number of challenges that need to be overcome in order to realize these benefits. By understanding the potential benefits and challenges of blockchain technology, financial institutions can position themselves …