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  Nearly 50% of companies plagued by inaccurate or stale cyber threat intel: survey Many companies are struggling with a large knowledge gap regarding deep and dark web intelligence collection, the importance of intel freshness, the speed and rate of collections, as well as their overall impact on an organization's cybersecurity programs and posture, according to a recently-released survey. Antivirus software pioneer McAfee charged by the US with cryptocurrency fraud McAfee and his bodyguard Jimmy Gale Watson Jr were charged for a scheme to exploit McAfee's large Twitter following by publicly touting cryptocurrency offerings and digital tokens that they later sold once prices rose on the promotions, according to the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission. Chinese hackers hit 30K US organizations in new attack In yet another big cyber-attack after SolarWinds, at least 30,000 organizations across the US, including government and commercial fi...

#COVID19 Vaccine Phishing Scams Surge 26% in Three Months Vaccine-related phishing and Business Email Compromise (BEC) attempts jumped 26% in a recent three-month period, as scammers ramped up their efforts against organizations, according to Barracuda Networks. Nine-year Malaysia Airlines breach gave attackers lots of time to misuse data Malaysia Airlines faces the daunting task of investigating over nine years’ worth of compromised data after learning of a “data security incident” at a third-party IT service provider that exposed Enrich frequent flyer program member data from March 2010 through June 2019. Still more questions than answers on SolarWinds attack According to information shared by Rep. Jim Langevin (D-R.I.), about 77 individual email accounts were accessed in the hack -- quite a small number when compared to the total number of accounts across the thousands of organizations that installed compromised SolarWinds' code. Extortion Gang Breaches Cybersecurity Firm Qualys...

  India govt IT spending to grow 9.4% in 2021: Gartner Government IT spending in India is set to total $7.3 billion in 2021, a growth of 9.4 percent from 2020, according to a forecast by Gartner on Tuesday. Blocked 62.6 bn cyber threats in 2020: Trend Micro Cybersecurity firm Trend Micro on Wednesday said it detected 119,000 cyber threats per minute in 2020, leading it to block 62.6 billion threats last year. Cybersecurity pros: Automation and app security are top priorities in 2021 A study on CIO and CISO prioritization showed these two areas are most important this year. Cloud security is another area high on their lists. SolarWinds Lessons Learned, More Stolen Microsoft Source Code As the fallout from the SolarWinds hack continues to unfold, Microsoft this week said attackers stole source code for three of its products (but didn’t hack any customers’ information), and an ExtraHop investigation found a 150% increase in suspicious network activity that went largely ignored during...

Health Providers Partner to Create Big Data Analytics Platform Fourteen leading healthcare providers are partnering to form Truveta, a new company that will leverage big data analytics for enhanced care insights. Bug in SHAREit Android app can get your data hacked A bug in the Android file sharing app SHAREit which has been downloaded over 1 billion times in Google Play Store contains several unpatched vulnerabilities that can be abused by hackers to leak sensitive data of its users. FireEye SOC Report: Widespread Alert Fatigue Results in Ignored Alerts Cybersecurity analysts are being overwhelmed by a flood of false positive alerts from disparate solutions, with missing incidents a rising fear. PM Modi asserts Govt is working to free tech industry from unnecessary regulations Prime Minister Narendra Modi stressed the need to create world-class products that are Made in India for the world. Addressing the NASSCOM Technology and Leadership Forum, NTLF,  through video conferencing, M...

  Cyberattacks and Cybersecurity failure are top risks of the next decade, says World Economic Forum  "The risks from societal fractures—manifested through persistent and emerging risks to human health, rising unemployment, widening digital divides, youth disillusionment, and geopolitical fragmentation” and determined that cyberattacks are “key threats of the next decade.” Enterprise SIEMs unprepared for 84% of MITRE ATT&CK tactics and techniques Organizations invest more than $3 billion annually on SIEM software and expect this investment to result in comprehensive threat coverage. How much is your info worth on the Dark Web? For Americans, it's just $8 A Comparitech report found that Japan and the UAE have the most expensive identities available on illicit marketplaces at an average price of $25. Google Cloud inks multi-year deal with Twitter for ML-based data processing & analytics Twitter in 2018 decided to work with Google Cloud to move cold data storage and...

IBM Introduces $3 Million in Cybersecurity Grants for Public Schools in the United States as Attacks on Education Grow   A new IBM study shows nearly 60% of school staff are unprepared for cybersecurity threats - lack of training, awareness, budget, and virtual learning identified as major issues. Google Launches Data Analytics Solution to Expand Vaccine Access Google Cloud’s Intelligent Vaccine Impact solution leverages data analytics tools to increase vaccine availability and access. SolarWinds attackers hit strategic targets: cyber and tech firms About 10 US government agencies were infiltrated as part of the attack, including the departments of Justice, Treasury, and Homeland Security. McAfee Transforms Security Operations With Launch of Industry-First Proactive XDR for Endpoint, Cloud, and Network According to Enterprise Strategy Group1 research, more than 80 percent of organizations are planning increased investment in threat detection and response solutions, affirming the he...