Category:

Technology

Investors bet vaccine sparks revival in beaten down stocks

As the market hype around the U.S. election ebbs, investors are now preparing for good vaccine news, which they believe is a matter of when, not if.

“It’s going to be absolutely massive,” said Stuart Oakley, head of cash currency trading at Nomura in London. “If we get a vaccine, we’re going to see all that pent up demand coming out.”

Of the roughly 45 vaccines undergoing human trials, those from Pfizer and Moderna are seen as possibly winning regulatory approval this year, with AstraZeneca not far behind.

Investors are looking beyond an expected “excitement rally” and at longer-term beneficiaries and short-selling opportunities.

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Bigbasket faces potential data breach; details of 2 crore users put on sale on dark web

The only customer data that we maintain are email IDs, phone numbers, order details, and addresses so these are the details that could potentially have been accessed. We have a robust information security framework that employs best-in-class resources and technologies to manage our information. We will continue to proactively engage with best-in-class information security experts to strengthen this further,” Bigbasket said.

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Parliamentary panel seeks info from app companies on data breach check protocols

The Parliamentary panel asked companies about what data they collect from users and where they store it.

The committee has earlier expressed concerns over data breach by social media platforms and mobile application based companies.

The companies said that they localise data which in turn reduces response time and helps them offering better services. They said that data is stored in countries where they operate.

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Hackers stole source code from govt agencies, private firms: FBI

The FBI alert warned the owners of SonarQube, a web-based application that companies integrate into their software build chains to test source code and discover security flaws before rolling out code and applications into production environments.

The actors exploit known configuration vulnerabilities, allowing them to gain access to proprietary code, exfiltrate it and post the data publicly.

The FBI has identified multiple potential computer intrusions that correlate to leaks associated with SonarQube configuration vulnerabilities.

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Cyber agency alerts against ransomware attacks of ‘Egregor’ virus

It is anticipated that Egregor ransomware may infiltrate via spam email attachments or maliciously crafted link shared via email/instant messaging chats.”

“The modus operandi used is typically breaking into organisations, stealing sensitive data, and running the malware to encrypt their files and (it) threatens ‘Mass-Media’ release of corporate data if ransom not paid in due time,” the advisory stated.

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