cyber risk – pressnews

[ad_1] Recently, the finance and banking sectors have been exploring the benefits of artificial intelligence to improve their services, however, the same technology is hovering over them like a dark cloud. The threat of deepfakes is not only limited to cloning people's faces and creating fake photos and videos, but now it is being used to steal people's identity. With the help of deepfakes, tricksters are cloning people's voices to manipulate their friends and family members into emptying their bank accounts or revealing vulnerable information. The Indian government has now warned banks and fintech companies about the rising deepfakes threat in the coming months and wants them to strengthen security against cybercrime.To understand the deepfakes threat, one must know what it is. These a...

[ad_1] Microsoft unveiled the third edition of its Cyber Signals Report which features Internet-of-Things (IoT) and Operational Technology (OT). It is a big wake-up call. A study by Microsoft says that India is amongst the top 3 countries originating IoT malware. Microsoft unveiled the third edition of its Cyber Signals Report which features Internet-of-Things (IoT) and Operational Technology (OT), highlighting Microsoft's insights on the rise of cyber risks to critical infrastructure. The Report also offers insights on the current threat landscape, focusing on recent trends, attacks, and strategies.Vasu Jakkal, corporate vice president, security, compliance, identity, and management at Microsoft, said: “As OT systems underpinning energy, transportation, and other infrastructures beco...

Tag: cyber risk

Deepfakes Threat: As cybercrime skyrockets, govt warns banks and fintechs about new AI risks

Microsoft says, India amongst top 3 countries originating IoT malware