Security Technology

DGB Daegu Bank taps into quantum technology to boost its cybersecurity

DGB Daegu Bank has teamed up with SK Telecom to to use its 5G quantum cryptography technology in its mobile banking app IM Bank.

Russian charged for trying to recruit company employee to install malware

The US Department of Justice has charged a Russian citizen who travelled to the US to recruit a big company employee to install malware on the business' computers.

SEC proposes new data security rules to protect securities traders

The Securities and Exchange Commission has announced plans to amend the data security rules surrounding US securities trading.

Experian exposed the consumer data of 24 million South Africans in a hack

Credit scoring and comparison company Experian may have exposed the private data of 24 million South African customers and 800,000 companies in a cybersecurity breach.

Barclays warns that scams have increased 66% during the Covid-19 pandemic

Scammers increased their activities by 66% in the first six months of 2020, according to new research from Barclays.

Remote workers using personal devices causes rise in cybersecurity risks

Almost a quarter of professionals working from home have used unauthorised devices, which has increased the risk of breaches, according to new research from CybSafe, the London-based cybersecurity software platform.

Covid-19 could make Middle Eastern cybersecurity market skyrocket to $29.9bn by 2025

The coronavirus pandemic could see the cybersecurity market in the Middle East grow from $15.6bn in 2020 to $29.bn by 2025, according to new research.

Netskope builds new data centre in Tel Aviv

Cloud security company Netskope is expanding its Netskope NewEdge network with a new data centre in Tel Aviv.

Ethical hacking platform Cobalt bags $29m

Danish cybersecurity startup Cobalt has secured $29m in a Series B round to fund the further expansion of its services.

The coronavirus has pushed cybersecurity to the top of businesses’ priorities

Cybersecurity has become a key focus area for businesses during the pandemic as the number of hack attacks continue to grow.

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