Posts

Showing posts with the label CYBER SECURITY

Over 5% more malicious files detected every day in 2020: Kaspersky

Image
  Global cybersecurity firm Kaspersky's detection systems discovered an average of 3,60,000 new malicious files every day over the past 12 months, a growth of 5.2 per cent when compared to the same period previous year. The growth was driven mostly by the number of Trojans -- malicious files capable of a range of actions, including deleting data and spying -- and backdoors, a specific type of Trojan that gives attackers remote control over the infected device, Kaspersky said in its 'Security Bulletin: Statistics of the Year Report'. "It's hard to know whether or not attackers were more active or our solutions detected more malicious files simply because of greater activity. It could be a combination of both," Denis Staforkin, security expert at Kaspersky, said in a statement. "Either way, we have registered a noticeable increase in the number of new malicious files this year, and this will most likely continue going into 2021 as employees continue ...

Zoom introduces two-factor authentication to boost users' security

Image
  Video meet app Zoom has introduced Two-Factor Authentication (2FA) for additional security, making it easier for admins and organisations to protect their users data and prevent security breaches. To enable Zoom's 2FA at the account-level for password-based authentication, account admins sign-in to the Zoom Dashboard. "In the navigation menu, click Advanced, then Security. Make sure the Sign in with Two-Factor Authentication option is enabled. Select one of these options to enable 2FA for: All users in your account: Enable 2FA for all users in the account," the company said in a statement on Friday. One can choose users with specific roles and users belonging to specific groups too. Read More

Bank liable for unauthorised withdrawal even if no reply to SMS alert: HC

Image
The Kerala High Court has said banks cannot be absolved of liability for unauthorised withdrawals from their customers' accounts. Justice P B Suresh Kumar also made it clear that banks are liable for unauthorised withdrawals even if customers did not respond to SMS alerts. SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the habit of checking SMS alerts regularly, the court said. It stated this while dismissing an appeal filed by the State Bank of India recently against a lower court order asking it to compensate a customer who lost Rs 2.4 lakh due to unauthorised withdrawals. The customer had sought a refund of the amount with interest. The bank had submitted that SMS alerts were sent to the customer about the disputed withdrawals and he should have requested that his account be blocked immediately. It contended that since the customer did not respond to the SMS alerts, the bank w...

Lack of robust IT security system key reason behind rising cyber attacks

Image
Lack of robust IT security system in organisations is the key reason behind increasing cyberattacks as 65 per cent of the participant organisations do not even have a department to manage network security, says a survey. According to the survey conducted by risk and integrity management firm Netrika Consulting, only 18 per cent organisations have dedicated IT staff where more than 25 persons are employed, while 21 per cent companies do not have dedicated employees. Netrika Consulting's survey noted that Indian corporates are not very regular in assessing their cyber security which leads to regular loss due to cyber attacks. ALSO READ: How USB cables can make you vulnerable to cyber attacks. Here's what to do Just 44 per cent participant companies confirmed that they conducted IT security audit in last 6 months in their organisations, while 56 per cent stated that during last six months no IT security audit was undertaken in their organisation. Read Complete Articl...