Internet Security and Privacy Lab

"Cybersecurity is a complicated field, and any way to simplify its many facets into short, easy-to-remember maxims is always welcome. The five laws are a very good start towards developing a robust security program."

Reexamining the “5 Laws of Cybersecurity” | The State of Security Cybersecurity is a complicated field, and any way to simplify its many facets into short, easy-to-remember maxims is always welcome.

GCC banks are managing their exposure to cyber risks effectively through investment in digital security, according to S&P Global Ratings.

Strong profitability, capitalisation and liquidity provide a financial buffer to the region's lenders against potential cyber incidents, the rating agency said in a report.

Gulf banks have managed to move their activities online during the Covid-19 pandemic with minimal disruption, owing to “years of investment in infrastructure and systems”.

GCC banks minimise cyber risks with strong investment in digital security, S&P says Strong profitability, capitalisation and liquidity provide a financial buffer to lenders against potential cyber incidents

"The car industry will continue to grow and propose more services for sure, so the attack surface will continue to grow; that means that this issue will continue so the hackers can continue to monetise, that is their main goal.

From data we have, we can see that the number of cyber-attacks on cars increased to 125% from 2018 to 2021, this is a huge increase. Carmakers have to change their model and they have to do that quickly because the competition is very high."

Cybersecurity, a growing threat for the automotive industry Honda was found to have a vulnerability that allows cybersecurity hackers to remote start vehicle engines and unlock them from a nearby distance.

"Consumers from three private banks were affected by an online debit card scam just before Eid ul-Fitr ... With the growing use of digital banking over the last two years, data breaches have become increasingly frequent in Pakistan, despite the banking regulator and relevant ministry issuing a strong cybersecurity strategy.

In the last six months, data breaches have affected not just banks, but also numerous government organisations, including the Federal Board of Revenue (FBR)..."

Digital threats | Political Economy | thenews.com.pk Commercial bank customers hit by online fraud