Mastercard Launches AI-Powered Scam Protect to Combat Rising Fraud
Mastercard introduces Scam Protect, powered by AI, to help financial institutions detect and prevent scams, while also educating consumers. Through partnerships with Verizon and Entersekt, Mastercard aims to develop advanced solutions to block scammers, while supporting the Global Anti-Scam Alliance for consumer advocacy. 24 April 2024 – Mastercard has launched Scam Protect, a comprehensive suite of solutions driven by advanced...
Tuttnauer Enhances Medical Device Security with Check Point® Quantum IoT Nano Agent® Integration
Tuttnauer partners with Check Point® to integrate Quantum IoT Nano Agent® into its medical device software, enhancing cybersecurity and ensuring uninterrupted healthcare services. This collaboration reinforces Tuttnauer’s commitment to device safety and regulatory compliance while bolstering trust within the healthcare industry. 19 April 2024 – Check Point® Software Technologies Ltd., a leading provider of AI-powered,...
Kaspersky Introduces Enhanced Thin Client 2.0 for Secure and Efficient Remote Connectivity
Kaspersky unveils Thin Client 2.0, a secure and efficient operating system offering enhanced remote desktop connectivity with improved speed, usability, and security features. Developed as part of the Cyber Immune solution, Thin Client 2.0 caters to diverse industries and represents a significant advancement in thin client infrastructure. 19 April 2024 – Kaspersky, a global leader in cybersecurity solutions, has introduced the...
Sophos Report Reveals Emergence of ‘Junk Gun’ Ransomware Threat
Sophos’ report reveals the emergence of ‘junk gun’ ransomware variants, marking a shift away from traditional RaaS models towards low-cost, independently produced threats targeting SMBs and individuals. 19 April 2024 – In a recent report titled “‘Junk Gun’ Ransomware: Peashooters Can Still Pack a Punch,” cybersecurity leader Sophos sheds light on a concerning trend in the ransomware landscape. Since...
Cognizant and FICO Forge Alliance to Combat Fraud in Real-Time Payments with Innovative Cloud-Based Solution
Cognizant and FICO join forces to introduce a cloud-based real-time payment fraud prevention solution, leveraging AI and ML technologies to enhance security for banks and payment service providers in North America. The collaborative initiative aims to detect and block fraudulent transactions with precision, offering a seamless and secure consumer experience amid the proliferation of instant digital payments. 18 April 2024 –...
Cybersecurity Report Reveals Alarming Trends in Remote Desktop Protocol (RDP) Attacks
Sophos’s latest cybersecurity report reveals a concerning surge in remote desktop protocol (RDP) abuse, with RDP implicated in 90% of cyberattacks in 2023. Despite compromised credentials becoming the leading cause of attacks, many organizations still lack multi-factor authentication, highlighting critical vulnerabilities in their security infrastructure. 17 April 2024 – Sophos, a leading provider of cutting-edge...
Shopee Leads Safety Ratings as Facebook Faces Surge in E-commerce Scams
Shopee achieves top safety rating in e-commerce, alongside Amazon and Lazada, while Facebook sees a surge in reported scams, underscoring the need for enhanced safety measures and collaborative efforts to combat online fraud effectively. 13 April 2024 – Shopee has emerged as a top performer in the E-commerce Marketplace Transaction Safety Ratings (TSR), achieving a full four ticks alongside industry giants like Amazon, Lazada,...
Kaspersky VPN Earns AV-TEST Approval with Remarkable Performance Surge
Kaspersky VPN receives ‘Approved’ certificate from AV-TEST, boasting a remarkable 355% improvement in overseas upload speeds, alongside praise for its extensive server network and robust privacy features. 13 April 2024 – In a recent evaluation conducted by AV-TEST, an independent testing organization, Kaspersky VPN has been awarded the coveted ‘Approved’ certificate, marking its effectiveness as a leading...
Malaysia Pressures Meta and TikTok to Intensify Monitoring Amidst Spike in Harmful Social Media Content
Malaysia urges Meta and TikTok to increase monitoring due to a surge in harmful social media content, with a sharp rise in cases reported to these platforms in the first quarter of 2024. Concerns are raised over content related to sensitive topics like race, religion, and royalty. 9 April 2024 – Malaysia has called upon Meta, the operator of Facebook, and TikTok to heighten their monitoring efforts on their platforms following a...
Kaspersky Reports Surge in Data-Stealing Malware Sparks Cybersecurity Alarm
Kaspersky’s report highlights a substantial increase in data-stealing malware incidents, with nearly 10 million devices compromised in 2023 alone, necessitating heightened cybersecurity measures. 8 April 2024 – In a recent report by Kaspersky Digital Footprint Intelligence, findings indicate a troubling escalation in data-stealing malware incidents, with nearly 10 million devices compromised in 2023 alone. Drawing from...
Samsung and HTX Forge Partnership to Enhance Public Safety and Cybersecurity in Singapore Through Technological Innovation
Samsung Electronics Singapore and HTX partner to advance public safety in Singapore through technological innovation, focusing on cybersecurity, frontline operations augmentation, and next-generation mobility solutions. The collaboration aims to empower law enforcement agencies with future-ready tools and mitigate evolving challenges. 5 April 2024 – Samsung Electronics Singapore and HTX (Home Team Science and Technology Agency)...
Sophos and Tenable Join Forces to Launch Managed Risk Service, Strengthening Cybersecurity Defenses Against Evolving Threats
Sophos and Tenable have collaborated to introduce Sophos Managed Risk, a cutting-edge service aimed at bolstering cybersecurity defenses by combining expertise in security operations and exposure management technology. This innovative solution provides continuous risk monitoring and proactive threat prevention, empowering organizations to effectively manage vulnerabilities and protect against evolving cyber threats. 4 April 2024...
SECTA5 Unveils Cartographer: AI-Powered Platform Revolutionizing Cybersecurity Threat Analysis and Response
SECTA5, a Singapore-based deep tech start-up, launches Cartographer, an AI-powered platform revolutionizing cybersecurity threat analysis and response. Cartographer enables companies to accelerate cyber risk triage, prioritize cybersecurity efforts, and mitigate threats effectively, ultimately strengthening cybersecurity defenses and optimizing resource allocation. 3 April 2024 – Singapore-based deep tech start-up SECTA5 has...
Rising Cyber Threats in Southeast Asia: Kaspersky Report Sounds Alarm for Businesses
A recent report by Kaspersky reveals a surge in cyber threats targeting businesses across Southeast Asia, with Singapore experiencing a significant 67% increase in incidents. The findings emphasize the critical need for organizations in the region to enhance their cybersecurity defenses amidst steady digital economic growth and emerging global prominence. 2 April 2024 – In a recent report by cybersecurity firm Kaspersky,...
Kaspersky Sweeps Cybersecurity Awards in 2023, Sets New Industry Standards
Kaspersky dominates the cybersecurity landscape in 2023, earning top honors and certifications across various independent tests, reaffirming its position as an industry frontrunner. With exceptional performance in consumer and corporate solutions, Kaspersky sets new standards for excellence and innovation in cybersecurity. 2 April 2024 – In a landmark year for cybersecurity, Kaspersky, the renowned global cybersecurity company,...
Visa Bolsters Global Security Measures with AI-Powered Fraud Prevention Solutions
Visa strengthens global security measures with AI-driven fraud prevention solutions, targeting various transaction types including immediate account-to-account and card-not-present payments. 28 March 2024 – In an effort to fortify its position as a leader in digital payments security, Visa (NYSE:V) has announced the expansion of its suite of value-added services with the introduction of three new AI-driven risk and fraud...
Mastercard and Worldpay Collaborate to Streamline Transaction Disputes and Reduce Chargebacks
Mastercard and Worldpay’s partnership introduces Ethoca Alerts to streamline transaction dispute resolution, reducing chargebacks and enhancing fraud prevention efforts for merchants worldwide. This collaboration underscores a commitment to delivering seamless transaction experiences and safeguarding the integrity of the global digital economy. 27 March 2024 – Mastercard and Worldpay have joined forces to streamline the...
Tencent Cloud EdgeOne Empowers Startups with Free Trials and Advanced Security Solutions
Tencent Cloud EdgeOne offers startups free trials of advanced security solutions, including Content & Intelligent Acceleration and Platform-level DDoS protection, empowering them to navigate the challenges of modern business landscapes with confidence. 26 March 2024 – Tencent Cloud EdgeOne, a leading cloud security and acceleration platform, has announced a groundbreaking initiative aimed at supporting startups in their...
Kaspersky Study Reveals Cybersecurity Training Challenges Amidst Rising Costs and Skills Gap
Kaspersky’s study exposes the struggle faced by businesses in upskilling their cybersecurity workforce, despite significant annual investments exceeding $100,000. Challenges include a lack of relevant courses covering emerging cybersecurity domains and difficulties in retaining knowledge due to limited practical application opportunities. 26 March 2024 – A recent study by Kaspersky has shed light on the formidable...
Visa’s Spring 2024 Threats Report Uncovers Surge in Scams Targeting Individuals and Organizations
Visa’s Spring 2024 Threats Report unveils a surge in scams targeting individuals and organizations globally, fueled by the increasing sophistication of scammers and their exploitation of vulnerabilities in the payments ecosystem. 20 March 2024 – Visa has unveiled its Spring 2024 Threats Report, shedding light on the escalating threats facing consumers and businesses worldwide in the realm of payment security. The report...
