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Cyberattacks: Retail and healthcare sectors among most targeted


Organisations in the business and professional services, retail and hospitality, financial, healthcare and high technology were the top targets of cybercriminals in 2020, said a new report on Tuesday.
According to the FireEye Mandiant M-Trends 2021 report, organisations in the retail and hospitality industry were targeted more heavily in 2020 coming in as the second most targeted industry compared to 11th in last year s report.
Healthcare also rose significantly, becoming the third most targeted industry in 2020, compared to eighth in last year s report.
This increased focus by threat actors can most likely be explained by the vital role the healthcare sector played during the global pandemic. ....

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Loss due to data breach could cost brands $93 bn, hurt trust: Study


This represents 4-9.6 per cent of their cumulative value.
The study gains significance in the backdrop of yet another massive hack, this time of Microsoft’s email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg.
The study found that there is a long-term impact of data breaches on brands across sectors. This is because companies are increasingly embracing digital platforms to improve customer experience, one of the reasons why customers are willing to pay a premium, it pointed out.
This has two implications: For consumers, it implies a quid pro quo –sharing personal information with brands for a personalised experience. For brands, it means the real and virtual have to coexist in creating this unique experience. ....

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Hackers hit State Bank of India users with text phishing scam


Several users of the State Bank of India (SBI) have been targeted with a phishing scam where hackers have flooded them with suspicious text messages, requesting them to redeem their SBI credit points worth Rs 9,870.
The link associated with the text messages redirects the user to a fake website and on the landing page, the user is asked to submit personal information along with sensitive financial details like card number, expiry date, CVV and Mpin in a State Bank of India Fill Your Details form.
According to the investigation by New Delhi-based think tank CyberPeace Foundation along with Autobot Infosec Private Ltd, the website collects data directly without any verification and is registered by a third party instead of having the registrant organisation name of State Bank of India, making it all the more suspicious. ....

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COVID-19: Online child abuse has skyrocketed in the pandemic - and parents must do more to stop it


As the mother of a 5 and 1-year-old, the subject of screen time and online safety seemed like a far-off problem for Dubai-based British expat, Mary Samways.
Her children spent the majority of their time playing with their “Dubai family” – a diverse mix of 7 sets of parents and children aged 0-10 years, who met because of a joint interest in nature-based childhood activities.
From exploring the natural world, to arts, crafts and gardening, the children enjoyed a blissfully screen-free existence. None of the kids had their own electronic device, apart from one 9-year-old girl, who knew to use her phone for calling her parents and nothing else. ....

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