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A former IT executive at a NASDAQ-listed healthcare company is facing more than a quarter of a century behind bars after pleading guilty to insider trading and preparing a false tax return. Dayakar Mallu, 51, of Orlando, Florida, admitted to conspiring with others to trade in the securities of Mylan, which is now a part of global healthcare firm Viatris. Between 2017 and 2019, the former vice president of global operations information technology worked with another…

Millions of consumers may have exposed their personal and payment information after researchers discovered API security vulnerabilities affecting multiple apps. CloudSEK said that of the 13,000 apps uploaded to its BeVigil “security search engine” for mobile applications, around 250 use the Razorpay API to facilitate financial transactions. Unfortunately, it found that approximately 5% of these exposed their payment integration key ID and key secret. This is not a flaw in Razorpay, which serves around eight million…

The US government is reportedly set to announce new measures, including sanctions to deter cryptocurrency businesses from getting involved in laundering and facilitating ransomware payments. People familiar with the matter told the Wall Street Journal that the Treasury could roll out the new sanctions as early as this week. They’ll reportedly target cryptocurrency exchanges and traders who either knowingly or unwittingly enable cybercrime transactions. As part of the measures, the government will also issue new guidance explaining…

Defining the architecture of your cloud environment is becoming increasingly complex, with business needs extending beyond a single provider’s native services, and beyond your own data center or private cloud. Now, as teams seek out the best native services for their applications from multiple cloud providers, and others need compute and data processing at the edge, the question of how you meet those needs with a manageable, secure architecture is less clear. VMware today is…

In 2021, there are two words that can send a cold chill down the spine of any Cybersecurity professional and business leader; Phishing and Ransomware. Research carried out by the Data Analytics and training company CybSafe, identified that 22% of all cyber incidents reported in the first quarter of 2021 were ransomware attacks. According to the figures obtained from the Information Commissioners Office, they are up by 11% compared to 2020. This increase is significant…

Cybersecurity has become a critical concern in every business sector nowadays due to organizations’ growing dependency on technologies. Research by Immersive Lab reported that in 2019 there were more than 20,000 new vulnerabilities. Not only that, TechRepublic reported that global companies experienced a 148% spike in ransomware attacks after COVID-19 hit the world. So, for most organizations, the question isn’t who will be the target of a cyber attack. Instead, the question is, “When will…