Cybersecurity

Antivirus software creator charged with cheating investors

Antivirus software entrepreneur John McAfee was indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made over $13 million by fooling investors zealous over the emerging cryptocurrency market, authorities said Friday. McAfee, 75, was charged in a newly unsealed indictment in Manhattan federal court along with Jimmy Gale Watson Jr., who […]

Google funds Linux kernel developers to focus exclusively on security

Google and the Linux Foundation said Wednesday they are prioritizing funds to underwrite two full-time maintainers for Linux kernel security development, Gustavo Silva, and Nathan Chancellor. Silva and Chancellor’s exclusive focus is to maintain and improve kernel security and associated initiatives to ensure the world’s most pervasive open-source software project is sustainable for decades to […]

UAE Central Bank bolsters cybersecurity with attack simulation

The Central Bank of the UAE (CBUAE) conducted on Sunday a first-of-its-kind cyberattack simulation exercise designed to test the resilience of the country’s banking sector against cyber threats. “The exercise affirms CBUAE’s preparedness to prevent or mitigate cyber threats that may cause disruptions to the UAE’s economy and financial stability,” a statement by CBUAE explained. […]

Cybersecurity trends in 2021: Learning from a harsh year

This year has been unlike any other in living memory, barely any aspects of our lives have been spared by the impact of the worst public health crisis in decades. The worldwide COVID-19 pandemic shifted the way we lead our day-to-day, laying bare to our collective fragility, while greatly heightening our sense of uncertainty. The […]

Addressing the fear of AI in cybersecurity roles

Fear of automation has been present since the first industrial revolution, and as we slowly edge closer toward entering its fourth iteration, that very same fear has lingered and begun to creep up once more. Only now it has cozied up to another worthy ally that could unearth age old fears of job loss: artificial […]

How con artists scam the elderly in the digital age

Scammers, hackers, and fraudsters have attempted to exploit our lack of knowledge both on and offline. Unfortunately, senior citizens have been on the short end of the stick for a while, making them the most targeted groups among all others. A report published by Deloitte estimates that scammers steal almost $2.9 billion per year from […]

Employee blamed for Absa data breach

Absa, a Johannesburg-based financial services company, has revealed that one of its employees has leaked data pertaining to some of its South African customers – which include client ID numbers, bank account numbers, credit card numbers and mobile phone numbers – to several third parties in return for payment. “The employee has unlawfully made selected […]

Online fraud off the charts during 2020

This year has been filled with a plethora of cyberattacks targeting businesses, governments, and individuals across the board, as they take on different shapes and forms, spanning a multitude of industries and sectors. According to U.S.-based software company Arkose Labs, almost 1.1 billion cyber-attacks were detected and halted during 2020 so far, which represent double […]

Ways for remote workers to stop cybercriminals

The COVID-19 pandemic has drastically changed the way humans interact with each other across the board, handshakes have switched to fist bumps, massive conferences have gone digital in the form of webinars, and more importantly, employees have built makeshift offices within the comfort of their own homes. According to Shefali Roy, former CCO & COO […]

Time to start taking cybersecurity more seriously

Cyberattacks across the world have drastically increased, while most of them don’t dominate headlines – such as the Adobe or Equifax breaches – hackers have targeted companies of all sizes seeing that business digitization is on the rise due to the COVID-19 pandemic. With the world transforming into a data-fueled reality, the risks become larger, […]