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    CYBERSECURITY COMPANIES

    Quick Heal partners with NewJaisa to enable digital security in refurbished electronics

    Quick Heal and NewJaisa Technologies have partnered to pre-install Total Security on refurbished devices in New Delhi. CEOs Vishal Salvi and Vishesh Handa emphasized market growth and security needs. Quick Heal shares settled at Rs 519.50 on BSE, down 0.25%; NewJaisa shares at Rs 123 on NSE, down 2.54%.

    Fortifying the Digital Frontiers against Cyberthreats
    Rise in cyber threats make companies go for unified security command

    As the digital world expands, demand for cybersecurity leaders grows. Organizations recognize cyber risks can lead to financial losses, reputational damage, and threaten public safety. This surge drives demand for cyber insurance across sectors like finance, healthcare, and technology. Senior cybersecurity roles are crucial, requiring deep technical knowledge, business acumen, and skills in regulatory compliance.

    BFSI captives hunt for leadership talent

    Executive search firms ET spoke to said candidates from product organisations are tapped for technology hiring, and for non-technical roles, domain and functional expertise remain paramount. Compensation ranges at around Rs 1 crore for those with 18-25 years of experience. For CFO roles, packages could be in the range between Rs 2-4 crores.

    HubSpot investigating customer account hacks

    HubSpot is actively investigating a cybersecurity incident targeting customers. Less than 50 accounts were compromised, and measures are in place to protect customer data. TechCrunch first reported the news. The company specializes in providing marketing software for small and medium-sized businesses, with a focus on customer relationship management.

    Chinese hackers step up attacks on Taiwanese organisations: cybersecurity firm

    A suspected Chinese state-sponsored hacking group, RedJuliett, has intensified its targeting of Taiwanese organisations, including government, education, technology, and diplomacy sectors, ahead of Taiwan's presidential elections in January. The cyberattacks were observed between November 2023 and April 2024. RedJuliett accessed servers via vulnerabilities in SoftEther enterprise VPN software. Recorded Future suggests that Chinese intelligence services in Fuzhou are likely behind the attacks to gather intelligence on Taiwan.

    • Kremlin slams US ban on cybersecurity firm Kaspersky

      The Kremlin on Friday criticised the US decision to ban Moscow's cybersecurity firm Kaspersky over security concerns as creating "unfair competition" from American companies. "Kaspersky Lab is a company which is very, very competitive on the international level," Kremlin spokesman Dmitry Peskov said.

      US slaps sanctions on leaders of Russia software firm Kaspersky Lab

      US imposes sanctions on Kaspersky Lab leaders, bans antivirus sales, citing national security risks and Russian government control.

      Kremlin slams US ban on cybersecurity firm Kaspersky

      The Kremlin on Friday criticised the US decision to ban Moscow's cybersecurity firm Kaspersky over security concerns as creating "unfair competition" from American companies. "Kaspersky Lab is a company which is very, very competitive on the international level," Kremlin spokesman Dmitry Peskov said.

      Cybersecurity firm Kaspersky denies it's a hazard after the US Commerce Dept bans its software

      The Moscow-based company - whose CEO Eugene Kaspersky is Russian - said in a statement that the Commerce Department's decision would not affect its ability to sell and promote its cyber security products and training in the U.S. Kaspersky said the government had based its decision on the "geopolitical climate and theoretical concerns" rather than independently verifying if there was a risk.

      Biden bans US sales of Kaspersky software over Russia ties

      The United States on Thursday banned Russia-based cybersecurity firm Kaspersky from providing its popular anti-virus products in the country, the US Commerce Department announced. "Kaspersky will generally no longer be able to, among other activities, sell its software within the United States or provide updates to software already in use," the Commerce Department said in a statement announcing the action, which it said is the first of its kind. da/des

      Cisco to establish cybersecurity centre in Taiwan

      Cisco to establish cybersecurity centre in Taiwan, partnering with government to address talent shortage and enhance threat intelligence.

      EU cybersecurity label should not discriminate against Big Tech, European groups say

      26 industry groups in Europe warn against discrimination in the proposed cybersecurity certification scheme for cloud services, emphasizing the importance of inclusivity and non-discrimination.

      Rubrik reports maiden earnings, revenue rises of 38% after listing

      In the latest quarter, Rubik's net loss soared over eightfold to $732 million due to higher costs in revenue, research and development, and sales and marketing. Subscription revenues now account for 92% of Rubrik’s total operating income, up from 79% in 2023. The company's decision to shift from selling licenses to subscription has impacted its financials.

      Money you paid for Gaza may be heading to Ghaziabad instead

      Online scamsters are using the viral ‘All Eyes on Rafah’ campaign as an opportunity to dupe people who want to lend a helping hand or donate to victims of the war in Gaza. The most common scams related to Gaza include fake websites, fake cryptocurrency links, phishing emails, fake video links, and social media scams.

      Netskope crosses $500 million in subscription revenue, in no rush to go public

      Chief executive Sanjay Beri said the company has been making internal preparations for an initial public offering (IPO) but there was no rush in an election year.

      Pakistan-based hackers step up attacks against Indian govt systems

      Pakistan-based groups SideCopy and Transparent Tribe (APT36) are targeting India's government and defence IT systems through malware attacks, as reported by cybersecurity firm Quick Heal Technologies.

      Google tests new AI scam call detection feature amid rising cyber crime

      Google is testing a new AI-based scam call detection feature. However, its legality is in question, as profiling callers based on conversation content without their consent is not permitted in India. In 2021, one scammer in India was responsible for 202 mn scam calls, which is about 27,000 fraud attempts every hour.

      Explainer: Why cyberattackers are increasingly launching attacks in Rust programming language

      Rust is a powerful coding language released by the Rust Foundation backed by five companies – AWS, Huawei, Google, Microsoft and Mozilla. The company was founded in 2015.

      The rising importance of the chief trust officer

      Businesses are emphasizing trust by appointing a Chief Trust Officer (CTrO) to oversee trust-building initiatives. This role involves assessing trust levels within and outside the organisation, focusing on domains like corporate culture, compliance, and customer experience.

      Google highlights Microsoft's cyber failures in effort to lure customers

      Government agencies that switch 500 or more users to Google Workspace Enterprise Plus for three years will get one year free and be eligible for a "significant discount" for the rest of the contract, said Andy Wen, the senior director of product management for Workspace. The Alphabet division is offering 18 months free to corporate customers that sign a three-year contract, a hefty discount after that and incident response services from Google's Mandiant security business. All customers will receive free consulting services to help them make the switch.

      Embracing Industry 4.0: Navigating business transformation trends in the digital age

      Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.

      E&RD growth to come from US, Germany and Japan, says LTTS CEO

      LTTS, a mid-tier information technology firm, reached the $1 billion revenue milestone in 2023-24 2024.

      South India, led by Bengaluru and Chennai, spearhead India's tech talent surge

      Among functional skills, development (35%) held the highest share of tech hiring demand: Quess Corp Annual Digital Skills Report FY24.

      India Inc hunts for new cyber warriors

      Corporate India is actively seeking cybersecurity professionals amidst rising concerns over data breaches, evolving regulatory requirements, and the emergence of advanced artificial intelligence platforms. To address vulnerabilities in security controls and processes, companies are bolstering their cybersecurity teams across various domains.

      Government holds discussion with fintechs on cybersecurity, digital financial fraud

      Government, FinTechs, law enforcement agencies collaborate on addressing cybersecurity, fraud. Workshop discusses registry creation, geotagging transactions, AML system. Topics include digital KYC audits, money mules. Fintech associations, regulators join to address cybersecurity and fraud challenges.

      Contemplating a career in cybersecurity? Check out the in-demand skills, roles, and pay

      The rise in technology has brought about a surge in cyberattacks, emphasizing the critical need for robust cybersecurity measures. With a shortage of professionals globally, the industry is witnessing high demand for roles such as security analysts, data scientists, and incident responders.

      Cybersecurity firm Darktrace accepts $5 billion takeover

      Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence". "Darktrace is at the very cutting edge of cybersecurity technology, and we have long been admirers of its platform and capability in artificial intelligence," Thoma Bravo partner Andrew Almeida said in a statement.

      Vote on EU cybersecurity label delayed to May

      National cybersecurity experts postponed voting on the EU cybersecurity label, citing ongoing disagreements over Big Tech's qualification requirements. The latest draft eliminated sovereignty requirements for U.S. tech giants, prompting criticism from EU cloud vendors.

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