Visa Introduces New AI Tool to Combat Card Testing Attacks
Visa launches the Visa Account Attack Intelligence (VAAI) Score, a new AI tool to combat enumeration attacks in card-not-present transactions, reducing fraud losses and operational expenses. The VAAI Score utilizes generative AI to provide real-time risk scoring, significantly improving fraud detection while minimizing disruptions to legitimate transactions. 8 May 2024 – Visa, a global leader in digital payments, has unveiled a...
Kaspersky Blocks Over 61 Million Bruteforce Attacks Targeting Southeast Asian Businesses in 2023
Kaspersky reports a surge in Bruteforce attacks targeting Southeast Asian businesses in 2023, with over 61 million attacks detected. These attacks highlight the urgent need for enhanced cybersecurity measures, including strong passwords and two-factor authentication, among companies in the region. 7 May 2024 – Kaspersky, a global cybersecurity company, reports a significant increase in Bruteforce attacks targeting businesses in...
Kaspersky Experts Offer Vital Tips for Enhanced Password Security
Kaspersky experts provide essential tips for enhancing password security, emphasizing the critical role of strong and unique passwords in protecting against cyber threats. With cybercriminals targeting weak passwords, Kaspersky advises using methods like the association approach and emoji passwords, while also recommending against common password choices. Employing a password manager and assigning one account to one password are...
BlackBerry Launches Next-Gen AI Cybersecurity Advisor
BlackBerry launches Cylance Assistant, an AI cybersecurity advisor that offers real-time guidance to enhance threat detection and response, seamlessly integrating into existing workflows. 2 May 2024 – BlackBerry Limited has announced the launch of Cylance Assistant, a groundbreaking AI cybersecurity advisor aimed at revolutionizing threat detection and response for organizations worldwide. Cylance Assistant, developed by...
Ransom Payments Surge 500% as Sophos Reports on the State of Ransomware 2024
Ransomware attacks continue to rise, with the average ransom payment increasing by 500% to $2 million, according to Sophos’ “State of Ransomware 2024” survey. 2 May 2024 – According to the latest “State of Ransomware 2024” survey by Sophos, organizations are facing a significant increase in ransom payments, with the average ransom payment skyrocketing to $2 million, a fivefold increase from the...
Kaspersky Report Shows Rise in High-Severity Cyber Incidents with Human Involvement
Kaspersky’s MDR Analyst Report for 2023 reveals a rise in high-severity cyber incidents involving human involvement, impacting various industries. The report emphasizes the importance of implementing effective cybersecurity solutions and managed security services to combat advanced attacks. 30 April 2024 – The Kaspersky Managed Detection and Response (MDR) team revealed a concerning trend in their latest MDR Analyst...
Kaspersky Unveils Advanced Email Security Updates to Combat Rising Cyber Threats
Kaspersky strengthens email security with advanced updates, including improved content filtering, enhanced quarantine management, and increased SOC visibility. 29 April 2024 – Kaspersky has announced a major update to its Kaspersky Security for Mail Server, offering enhanced protection against evolving email threats. The latest version features advanced content filtering, improved quarantine management, and increased visibility...
Ransomware Incidents Surge in Southeast Asia, Kaspersky Urges Heightened Cybersecurity
Ransomware incidents in Southeast Asia surge in 2023, prompting Kaspersky to urge organizations to strengthen their cybersecurity defenses with comprehensive anti-ransomware solutions. 25 April 2024 – A significant increase in ransomware incidents across Southeast Asia (SEA) has been reported, with Kaspersky cybersecurity solutions detecting a total of 287,413 incidents in 2023. According to experts, the rise in targeted...
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...
