US Cyber Security

Cybersecurity leader Quick Heal Technologies Ltd is optimistic that the launch of the country's first all-in-one fraud prevention solution will boost growth in its consumer business, which currently contributes 62 per cent of its revenue, a company official said on Thursday. The publicly listed company aims to leverage its leadership position to promote its AntiFraud.AI product, targeting individual computer and mobile phone users amid the rising threat of financial fraud. According to the Indian Cybercrime Coordination Centre, Indians lost approximately Rs 1,750 crore to fraudsters in just the first four months of the year, between January and April 2024. "We are very positive about our new anti-fraud cybersecurity product targeted at individual users. This will significantly boost our consumer business in the years to come, which has been facing headwinds," said Quick Heal Managing Director Kailash Katkar, without providing specific growth projections. He explained that before ..

U.S. securities regulators are questioning Twitter about how it counts fake accounts on its platform. The Securities and Exchange Commission in June asked the company about its methodology for calculating the false or spam accounts and "the underlying judgments and assumptions used by management. The agency's Division of Corporation Finance made the request in a June 15 letter, shortly before Tesla CEO Elon Musk raised the issue as grounds to back out of a deal to buy Twitter for $44 billion. Such questions can be routine, and it wasn't clear whether the SEC has opened a formal investigation into Twitter's fake accounts. The SEC wouldn't comment Wednesday; Twitter didn't immediately reply to a request for comment. The law firm Wilson Sonsini of Palo Alto, California, replied in a June 22 letter saying the company believes it adequately disclosed the methodology in its annual report filed for 2021. The letter says that Twitter makes its estimates of false accounts with an internal

Israel and the US signed the first agreement for cyber-financial cooperation, the Israeli Ministry of Finance has said in a statement

California-based Cyber security company Trellix on Thursday announced the opening of a new data centre in Mumbai to help customers meet their data residency and compliance requirements.

Revelations of the attack come at a vulnerable time as the US govt grapples with a contentious presidential transition and a spiraling public health crisis

Officials said a hunt was on to determine if other parts of the government had been affected by what looked to be one of the most sophisticated, and perhaps among the largest, attacks

Trump's national security officials are reportedly considering a takeover of part of the nation's mobile network to guard against China