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Indian organisations are significantly ramping up their cybersecurity investments amid rising digital threats, according to PwC report. Assembly Election Results Live Updates Maharashtra Election Results Jharkhand Election Results Bypoll Election Results 93 % of Indian executives plan to increase their cybersecurity budgets in 2025, with 17% expecting increments of 15% or more, a 1% rise from last year. This underscores the critical importance of cybersecurity, which 61 % of executives identified as their top risk mitigation priority, surpassing digital risks (60%), inflation (48%), and environmental risks (30%). Data breaches remain a pressing concern, with one in three organisations reporting breaches costing over $1 million in the past three years. Additionally, 42% of Indian business leaders are prioritising data protection and remediation as key areas of focus in response to recent cyber incidents. Cloud-related threats emerged as the top risk for 55% of executives, a 3% increase from the previous year. However, half of the security leaders and chief financial officers (CFOs) surveyed admitted they feel least prepared to tackle these risks. 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Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories He added, "By embracing advanced technologies, adhering to foundational cybersecurity principles, and allocating resources effectively, organisations need to stay committed to fortifying defences and safeguarding their future." Regulatory compliance continues to play a pivotal role in shaping cybersecurity strategies. The report found that 74% of CXOs have strengthened their cybersecurity posture in response to evolving regulations. Sundareshwar Krishnamurthy, partner and leader -cybersecurity, PwC India, emphasised, cyber regulations are consistently driving heightened cybersecurity spending, with every executive surveyed acknowledging that regulatory mandates have driven them to bolster their security measures. Generative AI (Gen AI) is proving to be a game-changer in cybersecurity, with 87% of organisations increasing investments in Gen AI for cyber defence strategies. Furthermore, 86% of companies have boosted spending on AI governance , while 80% expressed confidence in their ability to comply with AI regulations. This trend underscores the growing reliance on advanced technologies to tackle increasingly complex cyber threats. Despite the heightened focus on cybersecurity, challenges persist. Only 20% of organisations employ robust methodologies for quantifying cyber risks, which limits their ability to prioritise strategic investments. Sivarama Krishnan noted, "Although a majority of senior leaders acknowledge the importance of quantifying cyber risk to prioritise investments, only one-fifth of organisations are adopting thorough risk quantification methodologies." While 8% of security leaders reported data breaches costing over $20 million, a decrease of 3% from last year, 44% experienced breaches with costs exceeding $500,000 in the past three years. Moreover, 33% of leaders acknowledged that most of their serious data breaches incurred costs of at least $1 million. Assembly Election Results Live Updates Maharashtra Poll Results Highlights 2024 Jharkhand Poll Results Highlights 2024
Ukraine studies debris from new Russian ballistic missileSimeon Boikov has been variously described as a misinformation spreader, serial pest and Russian pawn But he may prove a "useful idiot" for the Australian government in securing the freedom of captured Melbourne man Oscar Jenkins. Mr Boikov has been holed up in the Russian consulate in Sydney's eastern suburbs since December 2022, after being charged with assaulting an elderly man at a pro-Ukraine protest in Sydney's CBD. While the self-styled "Aussie Cossack" is seeking asylum with the Russians of his own accord and is not a prisoner of the Australian judicial system, opposition foreign affairs spokesman Simon Birmingham said he could be used in an exchange to secure Mr Jenkins' release. "If he potentially proves himself to be, shall I say, a useful idiot in terms of a possibility for a Christmas swap, well that is something for the government to consider as it looks at ways to potentially bring an Australian free and break him from Russian custody," Senator Birmingham told ABC Radio on Tuesday. Mr Boikov volunteered himself to be exchanged with Mr Jenkins in a video posted on social media platform Telegram. "I'm sure the Russians will be happy to accept," Mr Boikov said. "We should bring him home, he shouldn't have been in Ukraine. "Let's do a deal." In a video posted to Russian social media on Sunday, Mr Jenkins is repeatedly slapped and interrogated by a Russian-speaking man assumed to be his captor. The man asks Mr Jenkins how it was he came to be in Kramatorsk, a town 700km east of Kyiv in the Donbas region, near the Russian-Ukrainian frontline. Standing in a forest and dressed in army fatigues, Mr Jenkins tells the man he wanted to help Ukraine. The footage was disturbing, Senator Birmingham said. "Obviously, all Australians would want to see and have confidence that this Australian citizen is going to be treated humanely, fairly, in accordance with the type of rules that should apply to prisoners of war," he said. Parading prisoners of war on social media is a breach of the Geneva Convention relative to the Treatment of Prisoners of War, which dictates that they must at all times be protected against insults and public curiosity. The Australian government was making representations to Russia about Mr Jenkins, acting foreign affairs minister Mark Dreyfus said. The Department of Foreign Affairs and Trade was yet to determine his whereabouts but was first made aware about concerns for Mr Jenkins' wellbeing in November, the ABC reported. People close to the 32-year-old have not known his whereabouts for months. "If that's the case, then what steps has Australia taken to try to ascertain his whereabouts and seek to ensure his well being?" Senator Birmingham said. While Mr Jenkins is believed to be the first Australian captured while fighting against Russia in Ukraine, at least seven Australians are believed to have died in the conflict. Prime Minister Anthony Albanese and Nationals leader David Littleproud have both implored Australians not to go over. "This isn't some great adventure," Mr Littleproud told Nine's Today Show. "I had to bring back the remains of a young man from my own electorate, Jed Danahay, who was over there as a medic helping Ukrainians in the war zone and was tragically killed. "I never forget the look and the anguish and the pain in his mother's eyes when I handed back his ashes to her."
Fort Lauderdale (US), Nov 24 (AP) Republican senators pushed back on Sunday against criticism from Democrats that Tulsi Gabbard, Donald Trump's pick to lead US intelligence services, is “compromised” by her comments supportive of Russia and secret meetings, as a congresswoman, with Syria's president, a close ally of the Kremlin and Iran. Sen. Tammy Duckworth, D-Illinois, a veteran of combat missions in Iraq, said she had concerns about Tulsi Gabbard, Trump's choice to be director of national intelligence. “I think she's compromised," Duckworth said on CNN's “State of the Union," citing Gabbard's 2017 trip to Syria, where she held talks with Syrian President Bashar Assad. Gabbard was a Democratic House member from Hawaii at the time. “The US intelligence community has identified her as having troubling relationships with America's foes. And so my worry is that she couldn't pass a background check,” Duckworth said. Gabbard, who said last month she is joining the Republican party, has served in the Army National Guard for more than two decades. She was deployed to Iraq and Kuwait and, according to the Hawaii National Guard, received a Combat Medical Badge in 2005 for “participation in combat operations under enemy hostile fire in support of Operation Iraqi Freedom III". Duckworth's comments drew immediate backlash from Republicans. “For her to say ridiculous and outright dangerous words like that is wrong," Sen. Markwayne Mullin, R-Oklahoma, said on CNN, challenging Duckworth to retract her words. “That's the most dangerous thing she could say — is that a United States lieutenant colonel in the United States Army is compromised and is an asset of Russia.” In recent days, other Democrats have accused Gabbard without evidence of being a “Russian asset”. Sen. Elizabeth Warren, a Massachusetts Democrat, has claimed, without offering details, that Gabbard is in Russian President Vladimir “Putin's pocket”. Mullin and others say the criticism from Democrats is rooted in the fact that Gabbard left their party and has become a Trump ally. Democrats say they worry that Gabbard's selection as national intelligence chief endangers ties with allies and gives Russia a win. Rep. Adam Schiff, a California Democrat just elected to the Senate, said he would not describe Gabbard as a Russian asset, but said she had “very questionable judgment”. “The problem is if our foreign allies don't trust the head of our intelligence agencies, they'll stop sharing information with us,” Schiff said on NBC's “Meet the Press”. Gabbard in 2022 endorsed one of Russia's justifications for invading Ukraine: the existence of dozens of US-funded biolabs working on some of the world's nastiest pathogens. The labs are part of an international effort to control outbreaks and stop bioweapons, but Moscow claimed Ukraine was using them to create deadly bioweapons. Gabbard said she just voiced concerns about protecting the labs. Sen. Eric Schmitt, R-Missouri, said he thought it was “totally ridiculous” that Gabbard was being cast as a Russian asset for having different political views. “It's insulting. It's a slur, quite frankly. There's no evidence that she's a asset of another country,” he said on NBC. Sen. James Lankford, another Oklahoma Republican, acknowledged having “lots of questions” for Gabbard as the Senate considers her nomination to lead the intelligence services. Lankford said on NBC that he wants to ask Gabbard about her meeting with Assad and some of her past comments about Russia. “We want to know what the purpose was and what the direction for that was. As a member of Congress, we want to get a chance to talk about past comments that she's made and get them into full context,” Lankford said. (AP) PY PY (This story has not been edited by THE WEEK and is auto-generated from PTI)Home | Hyderabad | Hyderabad Mlrit Hosts Mun With Over 150 Participants Hyderabad: MLRIT hosts MUN with over 150 participants The MUN featured five committees, including UNODC and AIPPM, led by executive board members. Delegates debated global issues, navigating complex scenarios with skill and creativity. By Telangana Today Published Date - 23 November 2024, 08:36 PM Hyderabad: The MLR Institute of Technology (MLRIT) here hosted a Model United Nations (MUN) with over 150 participants from various colleges and schools engaging in a weekend of diplomacy, debate, and networking. The MUN featured five committees, including UNODC and AIPPM, led by executive board members. Delegates debated global issues, navigating complex scenarios with skill and creativity. The event also offered social activities, including a campfire and DJ night, fostering camaraderie and connections among participants. Participating in the event, MLA Malkajgiri and Founder Secretary Marri Rajasekhar Reddy emphasized the role of youth in addressing global challenges and the transformative power of dialogue. Chairman Laxman Reddy, principal K Srinivas Rao and dean V Radhika Devi, HoDs, faculty coordinators and students also participated. Follow Us : Tags Hyderabad K Srinivas Rao Malkajgiri Marri Rajasekhar Reddy Related News Hyderabad: NIMS observes World Antimicrobial Resistance Awareness Week Energy Secretary asks power utilities to gear up for summer power demand Congress reaped what it deserved in Maharashtra polls: Harish Rao Congress’ 53,000 job claim exposed: Credit goes to BRS Government