As more and more companies experience crippling security breaches, the wave of compromised data is on the rise. Data breach statistics show that hackers are highly motivated by money to acquire data, and that personal information is a highly valued type of data to compromise. Cybersecurity is now a frequent issue for companies. Websites get hacked every day and some of those hacks are fatal to the business. Unfortunately, cyber-attacks have become so rampant that it’s impossible to nail down these numbers. Attacks that are more broadly targeted at websites or web applications, in general, are implemented using automated tools. This means that an automated tool has been programmed to search for a specific vulnerability or software that has a vulnerability.
Cybercrime is the greatest threat to every company in the world. According to statistics, over 30,000 websites get hacked every day and even a regular small business website is attacked around 44 times per day. The most affected section in the society are SMBs, since their affordable capacity to better equip them with the tools, technology and the skill sets. SMBs face a specific set of challenges and limiting factors when it comes to improving their cybersecurity posture. Their smaller size often makes it difficult to find cybersecurity champions and define a right-sized cybersecurity governance model. Most SMBs do not have a dedicated chief information security officer (CISO) or information security organization to champion cybersecurity efforts. These IT teams may also have initiatives underway to move infrastructure to the cloud and, with limited cloud security expertise, they are unknowingly opening the door to an entirely new arena for hackers to play in with their advanced cybercriminal tools
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As more and more companies experience crippling security breaches, the wave of compromised data is on the rise. Data breach statistics show that hackers are highly motivated by money to acquire data, and that personal information is a highly valued type of data to compromise. Cybersecurity is now a frequent issue for companies. Websites get hacked every day and some of those hacks are fatal to the business. Unfortunately, cyber-attacks have become so rampant that it’s impossible to nail down these numbers. Attacks that are more broadly targeted at websites or web applications, in general, are implemented using automated tools. This means that an automated tool has been programmed to search for a specific vulnerability or software that has a vulnerability.
Cybercrime is the greatest threat to every company in the world. According to statistics, over 30,000 websites get hacked every day and even a regular small business website is attacked around 44 times per day. The most affected section in the society are SMBs, since their affordable capacity to better equip them with the tools, technology and the skill sets. SMBs face a specific set of challenges and limiting factors when it comes to improving their cybersecurity posture. Their smaller size often makes it difficult to find cybersecurity champions and define a right-sized cybersecurity governance model. Most SMBs do not have a dedicated chief information security officer (CISO) or information security organization to champion cybersecurity efforts. These IT teams may also have initiatives underway to move infrastructure to the cloud and, with limited cloud security expertise, they are unknowingly opening the door to an entirely new arena for hackers to play in with their advanced cybercriminal tools
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#NMP #Cybercrime #TataDigital
Cybercrime - greatest threat to every company
Mobile data, free internet access and remote work make us flexible – and a target for attacks. Many employees know little about IT security, and often become victims of cyber-attacks unbeknownst to them. Protecting a company against cyber-attacks needs more than technical measures. The ‘human factor’ is one of the most important components of a successful IT security system. It is therefore key to sensitise each employee to the importance of IT security – and the most effective way to achieve that is by turning it into a game, letting the learner experience scenarios they can recognise in an immersive environment. Now it is evident that any software can be hacked if you do not deploy security measures and follow best practices. Cybersecurity is now a frequent issue for companies. Websites get hacked every day and some of those hacks are fatal to the business.
Ransomware attacks have become popular in the last few years and pose one of India’s most prominent Cyber Security challenges in 2020. According to the Cyber Security firm Sophos, about 82% of Indian organizations were hit by ransomware in the last six months. Ransomware attacks involve hacking into a user’s data and preventing them from accessing it until a ransom amount is paid. Ransomware attacks are critical for individual users but more so for businesses who can’t access the data for running their daily operations. However, with most ransomware attacks, the attackers don’t release the data even after the payment is made and instead try to extort more money. Going forward, there will be about 11.6 billion IoT devices by 2021. IoT devices include desktops, laptops, mobile phones, smart security devices, etc. As the adoption of IoT devices is increasing at an unprecedented rate, so are the challenges of Cyber Security.
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2:39 #NMP
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New online fraud
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As digital engagement grows, customers expect companies to digitize their operations for multichannel, high-touch interactions. As per a report, 88% of customers expect companies to accelerate digital initiatives due to COVID-19. Customers expect companies to accelerate their digital transformation. As every company becomes a digital company. 78% of customers said that this year's crises should be a catalyst for business improvement. The new-age customer is all about speed, comfort, and ease of access. They don’t prefer to fill out lengthy forms or go through the process of copying, printing, signing, and scanning documents. Manual procedures will soon be completely eliminated and replaced with fully automated processes to provide clients with a single digital solution.
FinTech Apps now come with document reading, file transfer, and data capture capabilities and can disburse loans in minutes. About 40% of workers are now employed remotely on a semi-permanent basis. This necessitates the use of digital technologies to provide safe access to files and to promote collaboration. High levels of accuracy are needed when translating physical documents into various digital formats. The need of the hour is the FinTech developers to create apps that collect data easily and reliably, allowing data processing to speed up. With this the role of payment gateway becomes very crucial, as the gateway keeps the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses.
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Cybercrime is a threat to the progress and security of our nation: CM Pramod Sawant
Cybercrime is a threat to the progress and security of our nation: CM Pramod Sawant
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Emerging threats in the digital world
There is a sharp increase in cyberattacks worldwide – A question arises who has to be blamed for it? We have seen emerging threats in the world of digital which are linked to cyber security. Now, several organizations have also adopted remote working trends. However, who should look after the security of remote work? Starting from school children to large businesses everyone is now enabled with remote working. The cyber risks are also increasing day by day. Everyone would say that the IT department must take this responsibility. One of the key reasons for the increase of cyber-attacks is lack of security guidance, underlying controls & vulnerabilities are difficult to handle from a home environment where you are not behind firewalls, relaxed or limited security policies, no latest patches, updates etc. The tech leaders and businesses must go through different steps to strengthen trust and make remote work secure. Cyber risk management becomes easier with the defence model.
Today, none of the organization's digital assets are 100% secure. One particular security solution can never be effective in serving your purpose. Business leaders need to look for ways to detect the most sensitive data. Loss of that data will be disastrous to organizations. Thus, you have to ensure the best security systems for that data. Both the IT team and businesses have to protect the data. Moreover, by differentiating the critical data from the trivial ones, you will have the best result. Invest in securities based on business identification of data and find higher returns. Solve the issues that may damage your business status, reputation & customer retention & trust of consumers. There has to be regular education to Your employees who can unintentionally hit malicious links, and this mistake can cause disaster. The most important thing is to report this mistake to prevent the virus fr
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Govt Says No Threat, MPT Cries Threat In Court. What Is The Truth Of The Naphtha Vessel Anymore?
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#Artificialintelligence will change everything in the world, except how men think and behave . AI could pose a 'more urgent' threat to humanity than climate change, #GeoffreyHinton, AI pioneer in AI said in an interview. Geoffrey Hinton, widely known as one of the 'godfathers of AI', recently announced he had quit Alphabet after a decade at the firm, saying he wanted to speak out on the risks of the technology without it affecting his former employer.
There is growing concern about the possible threat posed by Artificial Intelligence if machines were to achieve greater intelligence than humans and take control of the planet.
AI is often in-built into third-party software, hardware, and services that are deployed to specific business units, potentially exposed to undiscovered risks in legal, reputational, data privacy, and operational areas. As enterprises engage more with AI-powered solutions, new risks will emerge, threatening the trust factor.
Today's Headline in NewsHours
0:00 Intro
2:10 #Google's search engine to become more ‘visual & personal’ with AI
2:40 Government to soon invite bids for selling 26% in BEML
3:07 #Cognizant to invest in ChatGPT-like AI tools
3:32 CERT-In warns organisations against Ransomware that targets critical infrastructure
4:02 #Microsoft financing AMD's move into AI
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