Increasing social engineering attacks - Smishing, vishing, and phishing | VARINDIA News Hour
We live in a world that’s becoming more digitally dependent. Right from our social interactions to professional interchanges and financial transactions, most take place digitally. Smishing and vishing are two types of fraud that use SMS (smishing) and voice (vishing) to trick people into giving up money or personal information. They’re “social engineering attacks,” meaning that in a smishing or vishing attack, the attacker uses impersonation to exploit the target’s trust. Because 96% of phishing attacks arrive via email, the term “phishing” is sometimes used to refer exclusively to email-based attacks. A recent survey revealed some alarming numbers about Indian companies managing personal identifiable data and electronic health records. While digital resources are enabling, they also leave us vulnerable to cyber criminals as a lot of information regarding our personal and professional lives rests in the digital domain. Cyber insurance or cyber security insurance provides coverage from activities such as identity theft, unauthorized transactions, and more. Buying a cyber insurance policy can safeguard against online frauds. The policy can be bought by anyone who is 18 years and above and can be bought for family members. Nearly 58% of Indian companies have not opted for cyber insurance yet, indicating lack of awareness about cyber-attacks and cyber risk management strategies. The survey by RIMS and JB Boda Group says, as more attacks on utilities and industrial systems emerge, with Ransomware involved, it no longer is an IT related issue, but of the CFO and board.
The COVID-19 pandemic has triggered digital transformation across companies, leading to the creation of a complex IT landscape in the form of public clouds, unfamiliar home networks, external systems connected through APIs, along with a plethora of access points into their sphere of monitoring and .
Increasing social engineering attacks - Smishing, vishing, and phishing | VARINDIA News Hour
We live in a world that’s becoming more digitally dependent. Right from our social interactions to professional interchanges and financial transactions, most take place digitally. Smishing and vishing are two types of fraud that use SMS (smishing) and voice (vishing) to trick people into giving up money or personal information. They’re “social engineering attacks,” meaning that in a smishing or vishing attack, the attacker uses impersonation to exploit the target’s trust. Because 96% of phishing attacks arrive via email, the term “phishing” is sometimes used to refer exclusively to email-based attacks. A recent survey revealed some alarming numbers about Indian companies managing personal identifiable data and electronic health records. While digital resources are enabling, they also leave us vulnerable to cyber criminals as a lot of information regarding our personal and professional lives rests in the digital domain. Cyber insurance or cyber security insurance provides coverage from activities such as identity theft, unauthorized transactions, and more. Buying a cyber insurance policy can safeguard against online frauds. The policy can be bought by anyone who is 18 years and above and can be bought for family members. Nearly 58% of Indian companies have not opted for cyber insurance yet, indicating lack of awareness about cyber-attacks and cyber risk management strategies. The survey by RIMS and JB Boda Group says, as more attacks on utilities and industrial systems emerge, with Ransomware involved, it no longer is an IT related issue, but of the CFO and board.
The COVID-19 pandemic has triggered digital transformation across companies, leading to the creation of a complex IT landscape in the form of public clouds, unfamiliar home networks, external systems connected through APIs, along with a plethora of access points into their sphere of monitoring and
Technology video | 218 views
Increasing Concerns On Cloud Services Are Under Attack | Cyber Attack | VARINDIA News Hour
With the new hybrid-working model we see organizations increasingly moving more of their workload settings to the cloud. While this transformation offers great agility and scalability benefits, it comes with inherent and increased risks to security and compliance. A simple configuration error can result in your entire organization being exposed to threat actors who no longer need to break into your data center to access your critical data or conduct ransomware attacks. As per Gartner by 2025, 99% of cloud security issues will be a result of human error when configuring assets and security in the cloud. At a time when organizations are becoming increasingly dependent on third-party cloud vendors such as AWS, Microsoft Azure, IBM and Google Cloud Platform to securely manage their data, concerns around misconfigurations and other vulnerabilities in the cloud are likely to amplify quickly. What’s more, many of the organizations finding themselves at risk have had to accelerate their digital transformation initiatives at an uncomfortable pace over the past two years, resulting in knowledge and talent gaps that only add to their fears around cloud security.
Under the shared responsibility model - a security framework designed to ensure accountability for compromised data and other incidents - the cloud provider will offer basic cloud security, but it's up to businesses themselves to secure their own data within the cloud. To put it in another way, if cloud providers ensure the town gates are locked and the perimeter is well guarded, it’s still up to businesses to ensure their own doors are locked. That’s no mean feat, particularly when you consider that many large enterprises now rely on three or four cloud platforms as part of a multi-cloud strategy. Attacks on cloud service providers are ramping up. As outlined in Check Point 2022 Security Report, the previo
Technology video | 166 views
Safety of CBDC from vulnerability and cyber attacks | VARINDIA explained | VARINDIA News Hour
#CBDC is a digital form of central bank money that can be accessible to the general public; essentially, it consists of individuals and firms having access to transaction and savings accounts with their home country’s central bank. The Government of India has proposed to issue CBDC, ‘Digital Rupee’ during the FY2022-23 which would be a digital avatar of India’s Fiat Currency, controlled and monitored by the Reserve Bank of India (RBI). CBDC will be a legal tender, being a revamped version of the physical currency, which will eventually reduce cost of currency management. CBDC could help policy-makers achieve goals around payment efficiency, financial inclusion, banking and payment competitiveness, access to safe central bank money in the era of digital payments, and more. People can convert digital currency to physical currency and vice-versa with ease. As per RBI, the digital rupee blockchain being developed by the RBI would be able to trace all transactions, unlike the current system of mobile wallets offered by private companies. The units issued in the digital rupee would be included in the currency in circulation, it added. The RBI's digital currency is likely to debut by early 2023. Currently, the bitcoin blockchain supports up to seven transactions per second and then there are some others that let a few thousand transactions per second. However, security aspects involved in constructing and deploying a central bank digital currency (CBDC).
It is a matter of great concern on the Security part, which is an essential element in the CBDC system. In addition to securing the underlying storage and transfer of value, security involves
aspects of privacy and resilience. Threats must be mitigated to protect the integrity of funds and the confidentiality of users. A secure CBDC system will retain public trust in the central bank. Under an ac
Technology video | 196 views
The Growing Trickbot Attacks | Trickbot Malware | Posing Concerns | VARINDIA News Hour
TrickBot attack, the Windows services and the activities of Windows Defender or other antivirus software are first terminated. Various methods are then used to extend privileges. The cybercrime operators behind the infamous TrickBot malware have as soon as once more upped the ante by fine-tuning its strategies by including a number of layers of protection to slide previous anti-malware merchandise. The resulting administrative rights can then be used by further plug-ins, which the malware loads automatically. Subsequently, TrickBot spies on both the system and the networks and collects data from the user. The information gathered by the malware is then forwarded to external devices, or to the cybercriminals behind the attack. As per Kaspersky, initially, TrickBot often found its way into the system through phishing emails. This involves sending deceptively genuine fake emails from well-known institutions and companies, which often have an attachment. Victims of a TrickBot attack are requested in the email to open the attachment or link, which leads to the infection of the device. Opening the attachments causes the malware to be downloaded. A TrickBot infection can also occur, through malicious updates or through malware that is already on the end device. Once the malware has made it onto the computer and is able to save the user's data, one of its main goals is to remain undetected for as long as possible.
A Research on Trickbot says, the malware targeting companies in retail, building materials, manufacturing, insurance, and construction with phishing emails are designed to steal credentials. The Trickbot malware is designed to build a botnet—a network of hundreds or sometimes thousands of hacked and connected devices used to launch attacks on organizations and individuals. Russian-based criminals behind the notorious malware known as Trickbot appear to b
Technology video | 152 views
Criminals escalating SIM swap attacks to steal millions of dollars: FBI | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
#Ransomware continues to be an ongoing problem with protecting users’ data, there is a cell phone scam the public needs to be aware of as well. The FBI says criminals have escalated SIM card swap attacks to hijack victims’ phone numbers and steal millions of dollars from fiat and virtual currency accounts. “Both people and companies have become conditioned to being able to verify identity through simple questions like social security number or mother’s maiden name. Unfortunately, this falls apart completely when data breaches affecting millions of people routinely occur. Now information that was previously assumed to be relatively private is in the hands of malicious parties who can leverage it to easily impersonate their victims.” SIM swapping is a scam in which malicious parties target cell phone carriers to gain access to victims’ bank accounts, virtual currency accounts and additional sensitive information by using social engineering, insider threat or phishing techniques. Social engineering involves a criminal to impersonate the victim’s mobile number by tricking the cell phone carrier into switching the victim’s mobile number to a SIM card that is in the criminal’s possession, allowing the malicious party to access the victim’s calls, texts and other data, but this is only one of the three methods used to steal funds from victims.
FBI encourages mobile users to first contact their mobile carriers immediately to regain control of their phone number, then accessing their online accounts to change their passwords that protect their sensitive data. Insider threat takes place when a criminal actor pays off a mobile carrier employee to switch the victim’s SIM to a card currently in the criminal’s possession. Malicious parties can also employ phishing techniques to access victims’ sensitive data, and ste
Technology video | 259 views
Your Gmail account may not stop the attacks the way you think | Hacked | VARINDIA News Hour
There are millions of enterprises that have been integrated into the Google ecosystem with Android, Gmail, Search, Docs, Maps, YouTube, and many more products that the search giant has to offer. Google's G Suite brings much-needed convenience and organization to the enterprise cloud. But, can a Google Drive account be hacked? All of these things are controlled using one Gmail account. Due to such high-level integration, it becomes mandatory to keep your Gmail account secure and protected, because if it is compromised, then your whole Google ecosystem will be at risk. A report says, about 92% of startups are using Gmail; 60% of mid-sized businesses use it as well. More than 5 million businesses use Gmail. So far, Gmail has established itself as the popular email service for businesses of all sizes. Now the cyber attackers are not only targeting email, but the entire Google Workspace, including popular apps like Docs and Slides. Without full-suite security, your Google Workspace is at risk. When Avanan, acquired by Check Point Software, published an attack brief about the Google Docs comment exploit. The attack occurs when a threat actor adds a comment to a Google Doc (or any part of the Google Workspace). The target is mentioned with an @ sign. By doing so, an email is automatically sent to that person’s inbox. In that email, which comes from Google, the full comment, including the bad links and text, is included. Further, the email address isn’t shown, just the attackers’ name, making this ripe for impersonators.
The researchers say, Google is about the middle of the road when it comes to preventing phishing emails from reaching the inbox: But the question is, can a ransomware use the entire G-Suite as a weapon, and how to stop the attacks that Gmail and others miss. Although Google scans for known malware uploaded to Drive, it has no way to identify Ze
Technology video | 191 views
#Oracle #Coinbase #cryptocurrency
Coinbase phishing attacks
Coinbase, is a platform used for buying, selling, and storing #cryptocurrency. The company had announced that a threat actor stole cryptocurrency from 6,000 customers after using a vulnerability to bypass the company's SMS multi-factor authentication security feature. Coinbase is the world's second-largest cryptocurrency exchange, with approximately 68 million users from over 100 countries. It explains that between March and May 20th, 2021, a threat actor conducted a hacking campaign to breach Coinbase customer accounts and steal cryptocurrency. Coinbase says the attackers needed to know the customer's email address, password, and phone number associated with their Coinbase account and have access to the victim's email account. While it is unknown how the threat actors gained access to this information, Coinbase believes it was through phishing campaigns targeting Coinbase customers to steal account credentials, which have become common. Additionally, banking trojans traditionally used to steal online bank accounts are also known to steal Coinbase accounts.
Third parties first gained access to the email address, password, and phone number of the affected Coinbase customer in order to access to enter their accounts. The company said it wasn't sure how third parties got this access, and that it could have happened either through a phishing attack or another social-engineering technique. Coinbase says that it updated its SMS Account Recovery protocols as soon as it became aware of the problem. The company is encouraging customers to secure their accounts with a TOTP (time-based one-time password) or a hardware security key. And, of course, recommends changing your current password.
· Be on guard for phishing attacks and use a way to automatically block a phishing attempt.
· People should consider alternatives to SMS authen
Technology video | 171 views
Anyone who uses the internet or phones can be a target for phishing scammers. In the last year, cyber criminals delivered a wave of cyberattacks that were not just highly coordinated, but far more advanced than ever before seen. #Cybersecurity incidents are not only growing more prevalent but are also becoming more costly.
Simple endpoint attacks became complex, multi-stage operations. Ransomware attacks hit small businesses and huge corporations alike. Crypto-mining attacks gave cyber criminals an easy foothold into company networks.
Across the web, phishing attacks have baited unsuspecting victims into handing over bank info, social security numbers, and more. Plus, cybercriminals have become even savvier with their disguises. Sometimes these scams hide behind voices you know and trust, like your co-workers, your bank, or even your government. If you so much as click a link, you could be the scammer’s next victim.
The most common scenario is:
· You open your email and suddenly an alert from your bank appears in your inbox. When you click the link in the email, you are taken to a webpage that looks, more or less, like your bank.
· Here’s the catch: this site is actually designed to steal your information. The alert will say there is a problem with your account and ask you to confirm your login and password.
· After entering your credentials on the page that appears, you are usually sent to the actual institution to enter your information a second time. By steering you to the legitimate institution, you don't immediately realize your information was stolen.
LinkedIn is a tempting target to spoof because the networking site often sends out emails with updates about your profile, your job search results and other topics. Since LinkedIn users are comfortable receiving emails, cybercriminals can more easily send out messages with links to phishing sites.
#Microsoft was the second most spoofed b
Technology video | 131 views
Cyber criminals are trying new methods to help ensure phishing attacks are successful. The phishing emails infect victims with malware -- and they're doing so by experimenting with a new method of delivering the malicious payload. India has become one of the most frequently targeted countries for ransomware attacks this year.
As per the report from Proofpoint, there's been a rise in cyber attackers attempting to deliver malware using OneNote documents, a digital notebook signified by .oneextensions that is part of the Microsoft 365 office applications suite.
The question is why is phishing so favourite among black hats?
Because it plays as what has been often described as cybersecurity’s “weakest link”. The 2022 DBIR revealed, 82% of breaches involved the human element, and that largely means employees being duped into clicking on malicious links and diving into fraudulent sites.
That's why it’s important that all companies know how to spot some of the most common phishing scams if they are to protect their corporate information. It’s also crucial that their employees are familiar with some of the most common types of techniques that malicious actors use to pull off these scams.
After all, they are the ones on the front line. However, it’s unfair to put all the blame on humans as weak security measures account for much of the exploits that slip through. A person can’t click on what’s not there, so email security platforms, digital risk protection, and anti-phishing solutions are a key element. However, you can’t defend against what you don’t understand.
Researchers warn that it's likely these campaigns have a high rate of success if the emails aren't blocked -- and that more cyber-threat groups are likely to adopt this technique to successfully deliver phishing and malware campaigns.
Today's Headline in NewsHours
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Technology video | 151 views
Data privacy and misinformation will continue to haunt Meta in the metaverse | VARINDIA News Hour
#Meta’s disappointing Q4 2021 results have put even more pressure on the social media giant to get its #metaverse experiment right. More than three years after the Cambridge Analytica scandal, Meta still falls short of a credible strategy on data privacy and misinformation and these issues will continue to dog the company as it enters the metaverse, says #GlobalData, a leading data and Analytics Company. As per GlobalData, “Meta has left several metaverse-related questions unanswered. These include how its advertising business model will work without relying on targeted advertising and how it can ensure consumer safety in this digital world. The flood of misinformation on its Facebook platform has tarnished Meta’s reputation, and it’s likely that online harm and harassment will only amplify in the metaverse. It is still unclear how Meta will reconcile the need to monetize the metaverse with the promise of building a privacy-friendly virtual environment. As on its flagship social media platform, targeted advertising will lie at the root of data privacy and misinformation issues in Meta’s metaverse.
Meta’s weak outlook shows that the social media company still bears the scars of Apple’s iOS changes. It will need to dismantle its platforms’ targeted advertising infrastructure and replace it with a privacy-centric one. At the same time, the company is investing heavily in the metaverse, particularly augmented and virtual reality technologies, which has impacted profitability.” A report says, a number of companies are discussing that the metaverse rose every quarter in 2021. Virtual and augmented reality, digital media, artificial intelligence, and mobile gaming were some of the metaverse-related themes discussed on 2021 earnings calls. ‘Metaverse’ largely appeared on transcripts and is a tell-tale sign of analysts also being more curious about investments
Technology video | 194 views
IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the South Africa, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of World Cup T20 2024. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 12450 views
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Zimbawe, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 2703 views
Watch as our employees try to guess the famous cricketers from just a few clues. Can you beat them at their own game? Test your cricket knowledge and see how many cricketers you can guess correctly. Don’t forget to like, comment, and subscribe for more fun office challenges and cricket trivia! #CricketChallenge #OfficeFun #guessthecricketer #crickettrivia
Office Fun Challenge: Guess the Cricketers? #office #crictracker #cricketlover ????
Sports video | 1604 views
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Bangladesh, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 3400 views
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 3029 views
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
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Neel Akash live music show 2024 Rongali Bihu || Asin Ayang mane ki? ||
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