Cybersecurity

Police warn new Android malware scam can factory reset phones; over S$10 million lost in first half of 2023

SINGAPORE: The police on Wednesday (Sep 20) issued an advisory about a new variant of Android malware scams, where scammers would initiate a factory reset on infected devices after the malware executes unauthorised transactions on the phone’s i-banking app. There have been more than 750 cases of victims downloading the malware into their phones in the […]

Cybersecurity

Cisco makes largest ever acquisition, buying cybersecurity company Splunk for $28 billion in cash

In this article CSCO SPLK Follow your favorite stocksCREATE FREE ACCOUNT Cisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said Thursday, in its largest acquisition ever. Splunk shares rose 21% after the announcement, while Cisco shares fell 4%. Splunk’s technology helps businesses […]

Cybersecurity

Balancing budget and system security: Approaches to risk tolerance – Help Net Security

Data breaches are a dime a dozen. Although it’s easy to look at that statement negatively, the positive viewpoint is that, as a result, cybersecurity professionals have plenty of learning moments. Learning what went wrong and why can be a good sanity check for organizations that want to revisit their security readiness and up-level their […]