IBM recently published its annual Cost of a Data Breach Report. According to the report, the average global cost of a data breach in 2023 reached a record high of $4.45 million. This represents a 15% increase over the past three years. Detection and escalation costs increased by 42% during …

ICT State Minister Junayed Ahmed Palak said that technical errors are the main reason for data loss. He gave this information to reporters after a meeting with CII-affiliated organizations at the ICT Division on Monday (July 24). The State Minister said that the investigation committee’s report shows that due to …

In Australia, researchers are combining lab-grown human brain cells with silicon chips to develop a computing system that can outperform conventional hardware. The renowned “DishBrain” system was granted approximately US$400,000 in funding from an Australian national defense fund. According to Associate Professor Adeel Razi at Monash University in Melbourne, if …

According to a recent report by Palo Alto’s Unit 42 Network, the incidence of Mallox ransomware (also known as TargetCompany, FARGO, or Tohnichi) has skyrocketed by an astonishing 174% in 2023 compared to the previous year. A new variant of ransomware called Xollam has surfaced recently. It is spread through …

A list of security patches  has been released by oracle for more than 130+ products. These products are being used in industries, including banking, communication, enterprise, development and so on. Oracle patched the severity categorically as critical, high, medium, and low and it is based on their CVSS 3.1 score. …

The cyber attack on PricewaterhouseCoopers (PwC) involving MOVEit has escalated, with the Clop ransomware gang now unveiling the publication of the stolen data on a fresh domain with a .com extension. According to the threat actors, this information, reportedly originating from the PWC data breach, is soon to be disclosed …

Bangladesh has just experienced a groundbreaking moment with the introduction of its very first AI news anchor, revolutionizing the way news is presented. The AI presenter has been named “Aparajita”. Aparajita recently joined the 7pm bulletin of Channel 24, a renowned private television channel. Every Wednesday, she diligently delivers the …

A new ransomware-as-a-service called SophosEncrypt is impersonating the well-known cybersecurity vendor, Sophos. The threat actors have cleverly adopted the company’s name to carry out their operation. Yesterday, the ransomware was discovered by Malware Hunter Team. At first, Sophos believed it was a component of a red team exercise. The encryptor …

In the realm of healthcare, an unsettling surge of data breaches has put at risk the privacy and security of numerous patient records. The sensitive information of more than 165,000 patients was compromised in a breach that impacted Henry Ford Health. The Phoenician Medical Center experienced a second breach that …

Hackers stole $81 million from Bangladesh Bank, but they made a mistake that stopped them from taking even more money. Universal’s new documentary “Billion Dollar Heist” directed by Daniel Gordon is a reminder of the reality and significance of the 2016 shakedown. It sheds light on why cybersecurity experts worldwide …