Myanmar Central Bank Launches Awareness Campaign to Tackle Mobile Payment Fraud
Myanmar’s Central Bank is intensifying efforts to combat mobile payment fraud by conducting awareness campaigns and establishing an action task force in collaboration with relevant ministries and financial organizations. The initiative aims to swiftly respond to reported fraud cases, protect consumers, and ensure the widespread use of mobile financial services in compliance with laws and regulations. 25 January 2024 –...
Zetrix Partners with Web3Labs and Summer Capital to Propel Web3 Initiatives in Hong Kong
Zetrix, MyEG Services Bhd’s blockchain platform, is collaborating with Web3Labs Hong Kong and venture capital firm Summer Capital to advance Web3 initiatives in Hong Kong. The goal is to position Zetrix as the preferred blockchain infrastructure for government-aligned applications, aligning with Hong Kong’s Fintech Promotion Roadmap. The collaboration aims to enhance Zetrix as the preferred Layer-1 platform for government and...
Kaspersky’s Dark Web Insights for 2023 and What to Expect in 2024
Kaspersky’s latest Security Bulletin highlights a surge in ransomware blog posts and an escalating risk of personal and corporate credential leakage on the dark web in 2023. Anticipated trends for 2024 include cybercriminals turning to search engine advertising for malicious websites and a growing demand for crypto-drainer services. 19 January 2024 – Leading cybersecurity firm, Kaspersky, has released a comprehensive...
Navigating the Digital Realm: Kaspersky Reveals Top Cybersecurity Trends Affecting Children in 2024
Kaspersky’s latest report highlights the escalating cybersecurity threats facing children in 2024, urging parents to proactively protect their young ones from potential online risks. From the surge in AI tool usage to malicious attacks on young gamers, the report emphasizes the need for informed parenting in the digital age. 18 January 2024 – Kaspersky experts have unveiled insights into the evolving landscape of...
Sophos Secures 14th Consecutive Leader Position in Gartner’s 2023 Magic Quadrant, Showcasing Innovation in Cybersecurity Excellence
Global cybersecurity leader Sophos maintains its 14th consecutive Leader position in the 2023 Gartner Magic Quadrant for Endpoint Protection Platforms (EPP). Emphasizing innovation and the significance of adaptive and preventative defenses, Sophos Intercept X, with features like Adaptive Attack Protection and Extended Detection and Response (XDR) integration, continues to be at the forefront of defending over 300,000 organizations...
Kaspersky Unveils 2024 Threat Predictions for Asia Pacific
Kaspersky’s 2024 cybersecurity forecast for Asia Pacific highlights the ongoing risks of phishing, scams, and data breaches in the rapidly growing digital economy. As the region adopts advanced technologies, cyber espionage, particularly Advanced Persistent Threats (APTs), remains a key concern amidst existing geopolitical tensions. 15 January 2024 – Global cybersecurity company, Kaspersky, has unveiled predictions for the...
SonicWall Reinforces Cloud Defense Capabilities through Strategic Acquisition of Banyan Security
SonicWall has acquired Banyan Security to fortify its cybersecurity portfolio, integrating zero trust security solutions into its offerings for businesses of all sizes. The move aligns with SonicWall’s focus on adaptive, cloud-centric cybersecurity, providing comprehensive Secure Access Service Edge (SASE) solutions. 4 January 2024 – SonicWall, a global leader in cybersecurity, has announced the strategic acquisition of...
Sophos Unleashes CryptoGuard: Fortifying Cyber Defense Against Escalating Remote Encryption Threats
Sophos introduces CryptoGuard, a cutting-edge defense against rising remote encryption attacks, as ransomware groups strategically exploit compromised endpoints. The proprietary technology detects and counters intentional remote encryption, experiencing a 62% YoY increase since 2022. 4 January 2024 – Sophos, a global leader in cybersecurity, recently released a groundbreaking report titled “CryptoGuard: An Asymmetric...
Kaspersky Study Unveils Alarming Rise in Cyber Incidents Due to Shadow IT Usage
A Kaspersky study reveals that 11% of recent cyber incidents in 77% of companies were caused by employees using shadow IT, posing significant cybersecurity risks. 27 December 2023 – Companies are at an increased risk of cyber incidents due to the use of shadow IT by employees amid the growing trend towards a distributed workforce, according to a recent study by Kaspersky. The study found that 77% of companies suffered cyber...
Sophos Clinches Leader Position in G2’s Winter 2024 Report Across Five Key Cybersecurity Categories
Sophos achieves Leader status in G2’s Winter 2024 Report, topping five key cybersecurity categories, including MDR and Firewall Software. Customer testimonials highlight the effectiveness of Sophos MDR and Intercept X, emphasizing proactive threat management. Sophos continues to lead the industry with its Adaptive Cybersecurity Ecosystem and cloud-native Sophos Central platform. 20 December 2023 – In the latest G2 Winter 2024...
DART and OffSec Forge Alliance to Revolutionize Cybersecurity Training Programs
DART and OffSec announce a strategic partnership, elevating cybersecurity training programs with OffSec’s certificates. The collaboration targets penetration testers, red teamers, and cybersecurity professionals, aiming to enhance their learning credentials and bridge skill gaps through practical experiences. 18 December 2023 – DART and OffSec (formerly Offensive Security) have officially announced a strategic partnership....
Kaspersky Survey Reveals Gamers Spearhead Growing Acceptance of Cryptocurrency in Everyday Transactions
A global survey by Kaspersky reveals a significant increase in consumer acceptance of cryptocurrency, particularly among gamers. The study indicates a growing understanding of digital currencies, with 81 percent of gamers owning cryptocurrency and 55 percent of respondents considering themselves ‘very’ or ‘extremely’ knowledgeable. The survey also highlights shifting attitudes toward using cryptocurrency for...
Cybercriminals Exploit ‘Wonka’ Movie Hype with Phishing Scams Targeting Fans
Cybersecurity experts at Kaspersky caution that cybercriminals are exploiting the excitement surrounding the “Wonka” movie release through phishing scams. Scammers lure fans with a fake streaming service, tricking them into divulging sensitive information and risking the sale of their data on the dark web. 18 December 2023 – In a cautionary revelation, cybersecurity experts at Kaspersky have uncovered a surge in...
OPPO ColorOSHack 2023 Winners Announced
OPPO announces the winners of the OPPO ColorOSHack 2023 competition, recognizing top innovations in line with the theme “Pantanal Service: Empowering Lives with Intelligence.” The competition, spanning 150 days and involving over 200 global participants, showcased the strength of global innovation. The winning project, “NavOpp,” by the Malaysian team End2End, is a transportation and payment app designed to...
Kaspersky Exposes 40,000 Dark Web Posts Trading Corporate Secrets, With a Disturbing Surge in Unauthorized Access Offers
Kaspersky Digital Footprint Intelligence unveils 40,000 dark web posts spanning two years, revealing a thriving marketplace for the sale of internal corporate information. Cybercriminals orchestrate these posts, resulting in a 16% increase in unauthorized access offers, impacting every third company globally. Swift identification and response, continuous dark web monitoring, and comprehensive incident response plans are crucial for...
Kaspersky Report Unveils 3% Surge in Daily Malicious Files – Microsoft Office Threats Skyrocket by 53%
Kaspersky’s latest report reveals a 3% increase in the detection of malicious files in 2023, with a daily average of 411,000 identified. The study highlights a concerning surge in attacks involving malicious documents, particularly Microsoft Office files, emphasizing the growing sophistication of cyber threats. 11 December 2023 – Kaspersky, a leading cybersecurity solutions provider, has revealed alarming statistics in its...
Kaspersky Study Exposes Global Trends and Urges Strategic Investment for Robust Cyber Defense in the Asia Pacific
A recent Kaspersky study highlights global cybersecurity challenges, revealing improper budget allocation as a major cause of cyber incidents, particularly affecting critical infrastructure globally and the retail sector in the Asia Pacific region. The findings stress the urgency for increased cybersecurity investment and strategic alignment of budgets with evolving threats. 11 December 2023 – A recent comprehensive study...
Rising Cyber Threats Propel Companies in Asia Pacific to Boost Cybersecurity Investments, Reveals Kaspersky Study
A Kaspersky-commissioned study reveals that over 77% of companies in the Asia Pacific region experienced cybersecurity incidents in the last two years, prompting a surge in cybersecurity investments. With a shortage of IT security staff and tools cited as primary challenges, companies plan to address gaps through outsourcing, third-party services, and automation in the coming months. The study emphasizes the need for proactive...
Sophos Reports Illuminate the Dark Side and Skepticism Surrounding AI in Large-Scale Scam Campaigns
Sophos’ reports reveal the dual nature of AI in cybercrime, demonstrating the potential for large-scale scams while highlighting cybercriminals’ mixed reactions and skepticism. The findings underscore the need for proactive measures to address evolving threats in the cybersecurity landscape. 5 December 2023 – Cybersecurity leader Sophos has unveiled two comprehensive reports shedding light on the nexus between...
The Pulse of Global Shopping: Kaspersky Survey Reveals Secrets of Spontaneous Purchases During Black Friday and Cyber Monday
A Kaspersky-commissioned global survey reveals that 90% of consumers make spontaneous purchases during Black Friday and Cyber Monday, with social media influencers playing a crucial role in decision-making. Women, particularly aged 25 to 34, emerge as more dedicated super-sales shoppers, and the majority of respondents (69%) are willing to wait for these events to secure the best deals. 28 November 2023 – A recent global survey...
