iNews Vol-136

RBI proactively issues a 10-point AI deployment guide for banks, while Xerox's U.S. subsidiary, XBS, faces a security breach after a ransomware attack. Australia battles a cyber onslaught on its state court recording database, and India reports 129 cybercrimes per lakh population in 2023. G-20 summit website targeted in an organized cyber attack, highlighting widespread online threats. Orange Spain experiences a major internet outage due to a hacking incident with RIPE accounts. Energy Department allocates $70 million to address cyber threats to infrastructure. Russian agents allegedly hack webcams for missile attacks on Kyiv. Cryptocurrency wallet CEO loses $125,000 in a draining scam, emphasizing digital asset vulnerabilities. Beirut International Airport falls victim to a cyber attack, stressing the need for robust cybersecurity in critical infrastructure.

RBI Offers 10-Point Checklist for AI Deployment in Banking:

The Reserve Bank of India (RBI) developed a checklist for the incorporation of Artificial Intelligence (AI) technology in banking operations.

Xerox says subsidiary XBS U.S. breached after ransomware gang leaks data:

The U.S. division of Xerox Business Solutions (XBS) has been compromised by hackers with a limited amount of personal information possibly exposed

Hackers hit Australian state's court recording database:

Hackers accessed the court recordings database in Australia's Victoria state and disrupted the audio-visual in-court technology network, impacting recordings and transcription services, an official said on Tuesday.

Retailers say Samsung's upgrade offer exposes them to compliance risks:

Mobile phone retailers have flagged alleged malpractices in an ongoing device exchange offer from Korean smartphone major Samsung that exposed retailers to risks in regulatory compliance. Samsung did not respond to ET's queries.

India saw 129 cybercrimes per lakh population in 2023:

A whopping Rs 10,319 crore was lost to online frauds across the country between April 2021 and December 31, 2023

G-20 website was subjected to an organised cyber attack during India summit:

Security incident was planned by malicious actors with the objective of bringing down the website; the origin of the thwarted attack is not yet known\

RIPE Account Hacking Leads to Major Internet Outage at Orange Spain

Orange Spain’s internet went down for several hours after its RIPE account was hacked, likely after malware stole the credentials.

Energy Department has cyber threats to infrastructure in mind with $70 million funding offer

The DOE’s Office of Cybersecurity, Energy Security and Emergency Response is seeking proposals for technology that strengthens the resilience of infrastructure from a variety of risks

Russian Agents Hack Webcams to Guide Missile Attacks on Kyiv

Incident prompts Ukraine's security service to ask webcam operators in country to stop live broadcasts.

Cryptocurrency wallet CEO loses $125,000 in wallet-draining scam:

No one is too big, too clever, too security-savvy to avoid being duped because it's only human to make a mistake and screw up.And that certainly seems to be the case with Bill Lou.

A Cyber Attack hit the Beirut International Airport:

Threat actors hit the Beirut International Airport Rafic Hariri in Lebanon and breached the Flight Information Display System (FIDS).