Cybercriminals impersonated government investigators and the chief justice of India's Supreme Court in a fake Skype call to defraud wealthy industrialist and Vardhman Group Chairman S.P. Oswal out of about $835,000 after threatening to arrest him on money laundering charges.
A cyberattack shut down government web portals, servers and a regional data center in the Indian state of Uttarakhand, forcing agencies to scramble to restore affected services. The attack disrupted work at all government locations and crippled services to citizens.
India's leading private health insurer Star Health Insurance suffered a major data breach in August, but the company's prolonged silence over the incident exposes businesses' placing a priority on protecting their reputation over their customers' concerns for data security and privacy.
India has launched a dedicated cybersecurity incident response team for the critical energy sector. Officials said existing computer emergency response teams currently lack the resources and skilled professionals needed to defend against growing cyberattacks on power utilities and infrastructure.
Information Security Media Group's new monthly series, "Insights APAC," brings to you insights on the top cybersecurity stories in the region, including the state of cybercrime, nation-state attacks, payments fraud, government regulations and future trends in cybersecurity.
China's Ministry of State Security has accused a Taiwanese government agency of waging cyberattacks on the mainland's digital assets across multiple organizations and running disinformation campaigns on social media to disrupt the political system and sow social discord.
A North Korean cyberespionage group is posing as job recruiters and targeting aerospace and energy sector employees with lucrative job offers, according to Mandiant. The hackers use email and WhatsApp messages to lure victims into clicking a link that deploys backdoor malware onto their devices.
China's cyberespionage campaigns, viewed as an extension of the communist regime's wider geopolitical moves, rely on civilian hackers from domestic security firms for much of their success. Researchers say these groups face off in intense rivalries for lucrative government contracts.
The Australian government has proposed new regulations to place mandatory guardrails on the use of AI in high-risk settings, but private sector industry groups fear that too many laws and regulations around AI could deter businesses from investing in or deploying the AI technology.
Singapore police arrested five Chinese nationals and seized cryptocurrency assets. It said the group led an international crime organization that used hacking tools and credentials for internet servers to carry out cyberattacks. A Singapore national faces charges related to helping the group.
Security researchers say China-based cyberespionage group Mustang Panda is stepping up attacks on government agencies in Asia, using new malware tools to breach networks and a reverse shell feature in Visual Studio Code software to gain a persistent foothold in networks.
Malicious actors have been using an open-source, data-stealing remote access Trojan called Babylon to spy on and steal data from three Malaysian government entities since July 2023, according to security firm Cyble in a report Wednesday. Cyble could not link the attackers to any state or group.
Telegram deleted 25 videos the South Korean Communications Standards Commission said depicted sex crimes, and regulators reported that site administrators pledged a "relationship of trust." The agency said it intends to establish a hotline to ensure urgent action on deepfakes.
The Australian Prudential Regulation Authority listed seven priority areas in its new corporate plan released Wednesday, including a plan to raise industry standards on cyber risk management and increase minimum standards for operational resilience for banks and insurers.
Australia's largest provider of private health insurance says it expects to spend a total of AU$126 million, or $84.78 million, over a three-year period to upgrade its IT security. A Russia-based cybercriminal group hacked Medibank in October 2022.
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