In an era where the digital landscape is rapidly evolving, Small and Medium Enterprises (SMEs) in India are emerging as resilient players, showcasing robust preparedness for cyber threats and embracing the transformative power of Artificial Intelligence (AI). As the…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
UK Led Global Operations Disrupt LockBit’s Criminal Network
One of the most notorious cybercrime organisations in the world has been hit by an unprecedented police operation involving the arrest and indictment of members of the Lockbit ransomware group by the FBI and Britain’s National Crime Agency. The…
Cactus Ransomware Strikes Schneider Electric, Demands Ransom
In a recent cyber attack, the Cactus ransomware group claims to have infiltrated Schneider Electric’s Sustainability Business division, stealing a substantial 1.5 terabytes of data. The breach, which occurred on January 17th, has raised concerns as the gang now…
IBM Signals Major Paradigm Shift as Valid Account Attacks Surge
As a result of IBM X-Force’s findings, enterprises cannot distinguish between legitimate authentication and unauthorized access due to poor credential management. Several cybersecurity products are not designed to detect the misuse of valid credentials by illegitimate operators, and this…
AI’s Influence in Scientific Publishing Raises Concerns
The gravity of recent developments cannot be overstated, a supposedly peer-reviewed scientific journal, Frontiers in Cell and Developmental Biology, recently published a study featuring images unmistakably generated by artificial intelligence (AI). The images in question include vaguely scientific diagrams labelled…
AI Solutions Address Military Concerns: Speeding Up Soldier Recruitment Amidst Shrinking Forces
With the British Army facing a depleted workforce and an increased need for recruitment, artificial intelligence (AI) has been incorporated into its recruitment process to expedite its process. As part of a new AI system developed by outsourcing firm…
Qloo Raises $25M in Series C Funding to Expand Cultural Reach with AI
The consumer industry’s success is predicated on making accurate forecasts about what people want, could want if offered, and may want in the future. Until recently, companies were able to collect huge volumes of personal data from multiple sources…
Generative AI Revolutionizing Indian Fintech
Over the past decade, the fintech industry in India has seen remarkable growth, becoming a leading force in driving significant changes. This sector has brought about a revolution in financial transactions, investments, and accessibility to products by integrating advanced…
Navigating the Challenges of Personhood Data in the Age of AI
In the ever-evolving geography of technology and data security, the emergence of AI-generated content and deepfake technology has thrust the issue of particular data into the limelight. This has urged a critical examination of the challenges girding Personhood Verification,…
How a Fake CIA Agent Duped Someone out of $50,000
Given a recent incident reported by The Cut, freelance finance writer Charlotte Cowles fell victim to an elaborate scam that highlights the dangers of social engineering. The scam began with a call from a number appearing as “Amazon,” leading…