In Cybersecurity space AI would replace humans by 2031, as hackers use more sophisticated tools, said a new report by Trend Micro. The report said more than 41% of IT leaders surveyed think that AI would replace their role by 2030. Just 9% were confident that AI would not replace them within the next decade. 32 % said AI would eventually work to completely automate all cybersecurity. 19 % believe that hackers using AI to enhance arsenal would be commonplace by 2025.
Quick Heal Technologies has invested $2 mn in L7 Defense, an Israel-based cybersecurity startup which specialises in API Security and NG-WAF. It is the third investment of the Pune based cybersecurity firm in the last 18 months. Last year, Quick Heal had invested $300,000 in L7 which had helped it to acquire clients in financial, telecom, IT industries across the US and Europe. Quick Heal had also invested in Singapore- based Ray Pte Ltd.
Ubiquiti, one of the biggest sellers of networking gear, emailed its customers to become aware of unauthorised access to its systems hosted by a third-party cloud provider. The company couldn’t be certain if the customers’ data-name, email address, and the one-way encrypted password to their account, address, phone number – had been exposed. It also asked the users to update their passwords and also enable two-factor authentication.
Rajendra Bhalerao, former CISO at SBM bank, had joined Scotiabank as a cybersecurity chief. Bhalerao, having expertise in introducing new tech around digital security and risk management, would be responsible for the bank’s cybersecurity framework and infrastructure. He has over 16 yrs of experience and in the past has worked with Paytm Payments Bank, NPCI, WNS, and more.
The US Department of Justice’s email systems were accessed by the hackers who broke into software company SolarWinds. The department, which has over 100,000 employees across a series of law enforcement agencies — FBI, Drug Enforcement Administration, and the US Marshals Service, said in a statement that 3% of its mailboxes were accessed. However, it said that it had no indication any classified systems were impacted.
Researchers have discovered hardcoded admin-level backdoor account in over 1 lakh networking devices manufactured by Taiwan-based company Zyxel that can let cybercriminals access to devices and risk data. The models include many of Zyxel’s top products from business-grade devices usually deployed in private firms and govt networks. Firewalls, VPN gateways and access point controllers have been compromised by the backdoor account.
Rajshekhar Rajaharia, an independent cybersecurity researcher, said that data of nearly 10 cr credit and debit card users of India was being sold on the Dark Web via cryptocurrency Bitcoin. The massive data, according to Rajaharia, has been leaked from a compromised server of payments gateway Juspay. The Bangaluru based firm said that no financial data were compromised during the Aug 2020 cyber-attack and the actual number was much lower than 10 cr.