Tag: Hyderabad GCC
Critical Flaw in VECT 2.0 Ransomware Turns Data Extortion into Irreversible Destruction
Cybersecurity researchers have issued an urgent warning regarding the VECT 2.0 ransomware, revealing a catastrophic defect in its encryption mechanism that renders recovery impossible, effectively turning the malware into a destructive data wiper. Unlike standard ransomware, which provides a path to data recovery upon payment, VECT 2.0 is causing permanent damage to large files across Windows, Linux, and VMware ESXi environments. Experts have found...
Zurich Insurance Group Launches GCC in Hyderabad to Expand AI and Technology Capabilities
Zurich Insurance Group has announced the launch of a new global capability centre in Hyderabad, marking a fresh phase in its effort to strengthen technology and AI capabilities across its global insurance operations. The centre is being positioned as a strategic extension of Zurich’s operating model, with end-to-end ownership across engineering, data, and core business functions. The company has also named Amit Kalra as...
