Jay Jay

Pune

Senior Editor, APAC at Information Security Media Group (ISMG)

Senior Editor, APAC at Information Security Media Group

Articles

APAC Banking Sector Faces Growing Supply Chain Attacks

1 week ago | bankinfosecurity.asia | Jay Jay

3rd Party Risk Management , Cybercrime , Fraud Management & Cybercrime Banks Advised to Secure Vulnerable Software Supply Chains Recent high-profile breaches suffered by DBS Bank and Bank of China's Singapore division have exposed the Asia-Pacific banking and financial services sector's growing vulnerabilities related to its dependence and interconnectivity with third-party software providers and technology vendors.
Western Sydney University Breached by Hackers

2 weeks ago | bankinfosecurity.asia | Jay Jay

Data Breach Notification , Data Security , Geo Focus: Asia Hack Affects 10,000, School to Upgrade MFA for Besieged Single Sign-On System Western Sydney University is notifying about 10,000 current and former students of yet another data breach of personal student information. Following its fourth breach over the past year, the university says it is moving its troubled single sign-on system to a new multi-factor authentication tool this year.
Aussie Regulator: Online Scammers Are Multi-Headed 'Hydras'

2 weeks ago | bankinfosecurity.asia | Jay Jay

Fraud Management & Cybercrime , Fraud Risk Management , Standards, Regulations & Compliance Securities and Investments Commission Says Scammers Raked in AU$2 Billion in 2024 The Australian Securities and Investments Commission compared digital scammers to multi-headed hydras as it obtained a federal court order to shutter 95 companies that were set up with false information aimed at duping citizens with online investment and romance scams.
Top Australian Pension Funds Breached in Coordinated Hacks

2 weeks ago | databreachtoday.com | Jay Jay

Cybercrime , Finance & Banking , Fraud Management & Cybercrime Hackers Use Credential Stuffing to Steal AU$500,000, Breach 20,000 Member Accounts Jayant Chakravarti (@JayJay_Tech) • April 7, 2025 Sydney harbor at night. (Image: Shutterstock) Australia's largest pension funds faced coordinated credential attacks last week that compromised thousands of user accounts and led to the theft of at least AU$500,000 from four superannuation accounts. See Also: New Attacks. Skyrocketing Costs.
Chinese Espionage Group Targeting Legacy Ivanti VPN Devices

3 weeks ago | bankinfosecurity.com | Jay Jay

More Evidence Surfaces of Chinese Hackers Targeting Ivanti Products Jayant Chakravarti (@JayJay_Tech) • April 4, 2025 Image: Shutterstock A suspected Chinese cyberespionage operation is behind a spate of malware left on VPN appliances made by Ivanti.
Hong Kong Passes Critical Infrastructure Cybersecurity Law

1 month ago | bankinfosecurity.asia | Jay Jay

Critical Infrastructure Security , Geo Focus: Asia , Geo-Specific New Commissioner Could Fine Operators Up to HK$5 Million for Violations Hong Kong lawmakers passed a cybersecurity law to secure critical infrastructure and create a legal mechanism for authorities to investigate and respond to cybersecurity threats in specific sectors. A new commissioner of critical infrastructure will have the power to fine operators up to HK$5 million for violations.
Infosys Settles Data Breach Class Action Lawsuits for $17.5M

1 month ago | bankinfosecurity.com | Jay Jay

Ransomware Attack in 2023 Affected More Than 6 Million People Jayant Chakravarti (@JayJay_Tech) • March 17, 2025 Infosys Hartford Tech Innovation Hub in Connecticut (Image: Shutterstock) Indian IT services company Infosys said its U.S. subsidiary Infosys McCamish Systems agreed to pay $17.5 million to settle six class action lawsuits related to a cybersecurity incident that compromised the personal information of more than 6 million people.
Australia Sues FIIG Investment Firm in Cyber 'Wake-Up Call'

1 month ago | thetechstreetnow.com | Jay Jay

5 minutes ago bankinfosecurity Regulators Say FIIG Lacked Basic Security Measures to Prevent 2023 Breach Jayant Chakravarti (@JayJay_Tech) • March 17, 2025 The Australian financial regulator has filed a lawsuit against FIIG Securities Limited, accusing the leading investment and financing company of lacking adequate cybersecurity controls to stop a threat actor from stealing the confidential personal information of 18,000 customers.
Infosys Settles Data Breach Class Action Lawsuits for $17.5M

1 month ago | thetechstreetnow.com | Jay Jay

28 minutes ago bankinfosecurity Ransomware Attack in 2023 Affected More Than 6 Million People Jayant Chakravarti (@JayJay_Tech) • March 17, 2025 Indian IT services company Infosys said its U.S. subsidiary Infosys McCamish Systems agreed to pay $17.5 million to settle six class action lawsuits related to a cybersecurity incident that compromised the personal information of more than 6 million people.
Australia Sues FIIG Investment Firm in Cyber 'Wake-Up Call'

1 month ago | shorturl.at | Jay Jay

Geo-Specific , Litigation , Standards, Regulations & Compliance Regulators Say FIIG Lacked Basic Security Measures to Prevent 2023 Breach The Australian financial regulator has filed a lawsuit against FIIG Securities, accusing the leading investment and financing company of lacking adequate cybersecurity controls to stop a threat actor from stealing confidential personal information of 18,000 customers.