π‘️ Major Cybersecurity Incidents
- Marks & Spencer Cyberattack Spreads to U.S. Retailers
Google has issued a warning about the hacker group Scattered Spider, which disrupted Marks & Spencer's online operations in the UK for over three weeks. The group is now targeting American retailers, raising concerns about potential widespread disruptions in the U.S. retail sector. The Times of India+1Reuters+1 - New Chrome Vulnerability Exploited in the Wild
Google has released updates to address four security issues in its Chrome browser, including one actively exploited vulnerability that allows cross-origin data leaks via the loader referrer policy. Users are advised to update their browsers promptly. The Hacker News
πΈπ¬ Singapore Cybersecurity Highlights
- Singapore's Application Security Market on the Rise
The application security market in Singapore is projected to grow at a compound annual growth rate (CAGR) of 15.1%, reaching approximately USD 434.6 million by 2029. This growth is driven by increasing investments across various sectors, including IT, healthcare, and finance. GlobeNewswire - Oracle Partners with Singapore Military for Secure Cloud Services
Oracle has announced a partnership to provide Singapore's defense technology arm with isolated cloud computing and AI services. This "air-gapped" infrastructure is designed to enhance the security of classified networks, incorporating AI capabilities for tasks such as video analysis. Reuters
π Global Cybersecurity Trends
- ENISA Launches European Vulnerability Database
The EU's cybersecurity agency, ENISA, has introduced the European Vulnerability Database (EUVD) to centralize information on software vulnerabilities. Experts emphasize the importance of maintaining the database's relevance and accuracy for it to be an effective resource. SecurityWeek - Rising Cyber Risks Highlighted by Global Leaders
A recent report indicates that 72% of cybersecurity leaders perceive an increase in cyber risks. In response, governments and businesses are enhancing their cybersecurity measures, focusing on areas such as identity protection and supply chain security.
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