A new banking Trojan is targeting Korean users using obfuscation techniques that target the Android manifest, exploit vulnerabilities and take advantage of weaknesses in how Android apps interpret this file. SoumniBot stands out for its approach to camouflaging its malicious intent.
Security researchers have observed Chinese-speaking threat actors using a highly modular espionage malware to target individuals in India and Southeast Asia and exfiltrate highly sensitive data from their devices. BlackBerry says the attacks coincided with Apple’s spyware warnings in India in October.
The value of corporate credentials in the cybercrime market contributed to a 643% increase in data theft attacks over the past three years, cybersecurity company Kaspersky says. Malicious access brokers stole close to 400 million logins and passwords for numerous websites in the past year.
Software as a service, much like the cloud, is a major driver in digital transformation, but it is also a leading vector for cyberattacks on digital networks. As SaaS application attacks continue to rise in scale and frequency, do businesses have ways to tackle the threats?
The Vietnamese government recorded more than 20 million cyberattack alerts between January and March, 33% more than in the same period last year. The surge in attacks coincides with rising cases of credential theft by hackers on banks and financial institutions, both in Vietnam and abroad.
Zero trust architecture is a strategic pivot for safeguarding sensitive data. MarketsandMarkets' Rahul Mergu, who recently won ISMG's Dynamic CISO Award for his zero trust implementation, discusses the inadequacies of conventional VPN solutions that pushed him to adopt a zero trust architecture.
A Filipino hacktivist group broke into servers owned and operated by the government's Department of Science and Technology and stole up to 25 terabytes of confidential data and backups. The hacking incident followed a series of successful cyberattacks against government agencies.
Casinos and special economic zones in Cambodia and neighboring countries have emerged as safe harbors for the global scam industry, enabling criminals to use an army of hundreds of thousands of trafficked victims to reap billions in profits. A lack of government response has made the crisis worse.
The evolution of cloud computing in the financial sector has introduced complex security challenges that require innovative solutions. Samrat Bhatt of MatchMove Pay, who recently won ISMG's DCISO Award for technology innovation, shared his organization's journey to better cloud security.
Malaysia has passed a landmark cybersecurity law in response to heightened cybersecurity threats to critical national infrastructure, but privacy hawks believe the greatest risk to citizens' privacy is PADU, a centralized government database that will store the data of 29 million citizens.
Technology practitioners, business leaders and industry experts gathered for the inaugural CIO Business Transformation Awards and Summit this month in New Delhi, India. The ISMG event, hosted by CIO.inc, recognized the remarkable strides CIOs have made in business transformation.
The South Korean government is investing $585 million in domestic AI research and development in 2024, but spending cuts, a shrinking technology workforce and growing competition with other APAC countries pose challenges to the government's goal of "global technology domination."
Only about one-quarter of the top companies in Asia plan to integrate generative AI into their security operations centers, according to a recent IDC report. Organizations are looking for a clear return on investment and tangible cyber risk management benefit before investing in AI.
Cyberattacks hit multiple parts of the business - not just IT. For example, a spam attack on a Singapore bank affected both IT infrastructure and overall business operations, said Chee Lung Yuen, CISO at AIA Malaysia. That's why CISOs need to consider all potential risks, he said.
Singapore has urged banks to be cautious when using artificial intelligence tools to forecast inflation and to stick to time-tested structural models. The Monetary Authority said banks must learn from the post-pandemic inflation surge, which everyone failed to predict.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.asia, you agree to our use of cookies.