As industries, governments and law enforcement agencies all over the world struggle to keep up with the vast and ever evolving cybercrime ecosystem, specialist cyber defenders building and upgrading firewalls, say that sensitisation and prevention are always better than cure. And it is the Generative AI itself that can do the saving.

The world of the internet is full of possibilities, but these possibilities come with risks too. Yes, the number of cybercrimes is increasing day by day with malicious apps trying hard to attack common app users. For instance, Google Play stands as a stop for downloading millions of useful applications, however, not all applications are safe to use.

Prioritise cybersecurity: Allocate budget and resources for cybersecurity training, awareness programs, and implementation of basic security tools like firewalls and antivirus software. Secure your data: Implement data encryption, access controls, and regular backups to protect sensitive information from unauthorised access or breaches.

In the short, paced panorama of the virtual age, where connectivity and convenience reign best, protecting our online identification has in no way been extra important. The giant array of personal data we proportion and keep online has made us vulnerable to an ever-developing quantity of cyber threats.

Identity governance and administration (IGA) is responsible for the life cycle management and control of digital identities across a range of environments. Inadequate IGA integration directly affects the level of identity and access management (IAM) effectiveness and outcomes, impacting alignment to cybersecurity strategies.

EquiLend s Chief Information Officer, Ken Degiglio, and Chief Technology Officer, Kumar Arvind, have been working diligently to address the breach and restore normalcy to the company s operations. EquiLend does not reveal the name of its cyber security partner which is responsible for protecting its IT network from attacks.

US based cybersecurity company Proofpoint is laying off 280 employees, or around six per cent of its total workforce of 4,500.The job cuts will include around 20 employees in its Israel offices, which number around 300 people, reports Calcalist.

In 2024, an era where organisations and individuals increasingly operate online, the landscape of cybercrime is evolving rapidly. India, a burgeoning hub for fintech, has experienced a significant surge in cybercrime. In mid2023, cybercrime complaints in the country soared by 200%, with financial losses reaching 168.5 crores.

Notably, the activity with AnyDesk comes right after Cloudflare announced it was targeted, along with Microsoft and Hewlett Packard Enterprise disclosing cybersecurity incidents conducted by a suspected nation state attacker. Additional details are available in the analysis published by cybersecurity firm Resecurity