Geopolitical instability raises “catastrophic” cyberattack risks in next two years: WEF report   Davos [Switzerland], January 19: Geopolitical instability is exacerbating the risk of catastrophic cyberattacks, according to the Global Cybersecurity Outlook 2023 report, which was launched at the World Economic Forum’s ongoing five-day annual meeting in Davos. Over 93 percent of cybersecurity experts and 86 per cent of business ...

Sophos Layoffs: Sophos to lay off 450 employees globally, including India Cybersecurity company Sophos is laying off about 450 people globally including in India — which is 10 percent of its workforce — to achieve “the optimal balance of growth and profitability”. TechCrunch first reported about the layoffs at the UK-headquartered Sophos. The company, however, did not reveal the exact ...

Gang creates fake website resembling govt portal, dupes hundreds of pensioners   The Delhi Police has busted a gang, arresting four cheats who duped more than 1,800 people on the pretext of offering them life certificate for pensioners, officials said on Wednesday. The accused were identified as Amit Khosa, Kanav Kapoor, Binoy Sarkar and Shankar Mondal, they said. According to ...

Davos 2023: Global bank chiefs get FBI cybersecurity update   FBI Director Christopher Wray DAVOS, Switzerland – Global bank and exchange chiefs got insight on cybersecurity and resilience from the U.S. Federal Bureau of Investigation’s director during a private session in Davos this week. FBI Director Christopher Wray addressed top bankers at the meeting at the World Economic Forum (WEF) ...

Unchecked cyberattacks growing threat to fragile global economy: WEF study Davos: Adoption of connected devices during the pandemic has led to a dramatic increase in cyberattacks and if left unchecked, the cost of cyberattacks will continue to rise, threatening a fragile global economy, WEF said on Tuesday. In a new report prepared in collaboration with the Council on the Connected ...

T-Mobile says data of 37 million customers hacked   FILE PHOTO: A T-Mobile sign on top of a T-Mobile retail store in Manhattan, New York, U.S., September 22, 2017. REUTERS/Amr Alfiky/File Photo New York, Jan 20, 2023 -US telecom company T-Mobile announced Thursday that a recent hack impacted 37 million of its customers’ data. In a filing with the US ...

Pizza Hut, KFC owner admits data stolen during ransomware attack   Yum! Brands, that owns fast food brands like KFC, Pizza Hut and Taco Bell, has admitted a ransomware attack and data was stolen by cyber criminals. The company, however, said there was “no evidence that customer databases were stolen”. In a statement, Yum! Brands said that certain information technology ...

85% of organisations hit by ransomware in past 12 months   Nearly 85 percent of organisations were attacked by ransomware at least once in the past 12 months, up from 76 percent, a report showed on Thursday. Specifically, recovery is a main concern as organisations reported that only 55 percent of their encrypted/destroyed data was recoverable from attacks, according to ...

Email marketing leader Mailchimp hacked, customers’ data exposed Email marketing major Mailchimp has admitted it was hacked and at least 133 customers’ data was exposed. It’s the second time the company was hacked in the past nine months. “Based on our investigation to date, this targeted incident has been limited to 133 Mailchimp accounts. There is no evidence that this ...

Top cyberthreat predictions for enterprises in 2023 In 2022, the scale of cyberthreats grew manifolds, spilling into the mainstream. The upcoming year will see a growing impetus for cybersecurity readiness, with the higher management within organizations playing a key role in the adoption of better, more holistic cybersecurity measures. As part of the threat forecast, Forescout turned to different fields ...