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  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...

Acronis issues warning of critical privacy risks in 2021 Late last year, Acronis issued a timely report that warned 2021 would be the “year of extortion”, where ransomware attacks weren’t just seeking a ransom to decrypt your data, but a ransom not to leak it all over the Internet, too . Deloitte & Touche Buys Threat-Hunting Firm Deloitte & Touche has purchased most assets of cyber threat-hunting services firm Root9B (R9B), which will now be part of Deloitte's Detect and Respond service offering for clients. Google’s BeyondCorp Enterprise security platform is now generally available Google today announced that BeyondCorp Enterprise, the zero-trust security platform modeled after how Google itself keeps its network safe without relying on a VPN, is now generally available. North Korean hackers targeting cybersecurity community: Google Google has identified a North Korean government hacking group that is targeting members of the cyber-security community engaging in vulnerabil...

  Google investigates ethical AI team member over handling of sensitive data Alphabet Inc's Google is investigating a member of its ethical AI team and has locked the corporate account linked to that person after finding that thousands of files were retrieved from its server and shared with external accounts, the company said on Wednesday. Stolen Employee Credentials Put Leading Gaming Companies at Risk of Severe Cyber Attacks Israeli-based cybersecurity firm Kela says more than 500,000 leaked credentials belonging to more than two dozen leading gaming companies were on sale on the dark web. Cybersecurity trends turned unpredictable after COVID, says PwC The pandemic and the worldwide adoption of remote working resulted in cybersecurity undergoing years’ worth of transformation in a matter of months and therefore it is tough to understand the current cybersecurity landscape and predict security trends, PwC India said on Friday. After the big hack of the U.S. government, Biden enli...

  Kaspersky experts connect SolarWinds attack with Kazuar backdoor Kaspersky’s experts found various specific code similarities between Sunburst and known versions of Kazuar backdoors – the type of malware that provides remote access to a victim’s machine. The new findings provide insights that can help the researchers move forward in the investigation of the attack. Google launches $3 million funds to fight vaccine misinformation The Google News Initiative on Tuesday launched a global open fund to fight misinformation about COVID-19 vaccines, worth up to $3 million.   Com Olho becomes India’s first company to win the patent for advertising fraud detection Com Olho, one of the fastest-growing companies to protect enterprises from digital frauds, has become India’s first company to receive a patent for Advertising Fraud detection. The company creates innovative – new-age technology to help enterprises mitigate the risks arising from various kinds of digital frauds. IBM Helps Au...