TechDay Australia - Australia's technology news network

Cybercrime stories - Page 2

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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Balancing AI advances with cybersecurity risks & caution
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firewalls
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data protection
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network security
As AI evolves in cybersecurity, industry leaders urge caution, balancing its benefits against risks, particularly in fraud and data protection.
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AI's dual role in future cybersecurity: threat & ally
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malware
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firewalls
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data protection
As we approach 2025, experts warn that advancing AI could escalate cybercrime, necessitating a shift towards rigorous verification in security measures.
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Deep observability: Why you need It and how you get it
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data protection
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hybrid cloud
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cloud security
A recent survey reveals that 1 in 3 firms struggle to detect breaches, highlighting the critical need for deep observability in their hybrid cloud security.
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Cybersecurity predictions for Asia Pacific in 2025
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firewalls
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cloud security
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advanced persistent threat protection
Palo Alto Networks reveals that by 2025, Asia Pacific organisations must unify cybersecurity platforms to combat rising AI-driven threats and deepfakes.
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SentinelLabs uncovers CyberVolk hacktivist operations
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malware
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ransomware
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advanced persistent threat protection
SentinelLabs has unveiled a report on CyberVolk, detailing the hacktivist group's ransomware activities and connections within the cybercrime ecosystem.
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NCSC warns of sophisticated scams during Black Friday
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data protection
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mfa
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phishing
The NCSC warns of a surge in sophisticated scams this Black Friday and Cyber Monday, with over 32,000 fraud reports and losses totalling GBP £30.4 million.
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Shoppers warned of cyber risks during holiday deals
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phishing
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email security
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breach prevention
As the holiday shopping season approach, shoppers face rising cyber threats, with experts urging secure payment methods to protect sensitive data.
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Ransomware attacks rise by 19% in October according to NCC Group
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ransomware
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mfa
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physical security
Ransomware attacks surged 19% in October, totalling 486 incidents globally, as threat actors increasingly targeted critical infrastructure sectors.
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Ransomware-as-a-Service group BianLian opts for unique model
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ransomware
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encryption
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risk & compliance
The BianLian data extortion group operates differently from typical ransomware gangs, showing remarkable adaptability in their operations, says expert Jason Baker.
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Deepfake attacks seen as top cyber threat in Australia
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malware
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ransomware
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advanced persistent threat protection
AI-generated deepfake attacks have emerged as the top cyber threat for IT professionals in Australia, prompting 66% of companies to develop response plans.
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Cybercriminals target Olympic Games & concerts in 2024
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malware
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phishing
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physical security
Cybercriminals are exploiting major events like the EUROs and Valentine's Day with phishing attacks, prompting warnings for heightened consumer vigilance.
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Global fraud attacks rise 19% amid AI exploitation
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collaboration
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fraud
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financial institutions
A new report reveals a staggering 19% rise in global fraud attacks, largely fuelled by AI exploitation, highlighting urgent need for improved detection measures.
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AI & cybersecurity trends to watch for in 2025
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saas
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mfa
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cloud security
Mike Britton of Abnormal Security forecasts that by 2025, cybercriminals will adapt to multi-factor authentication as attacks on SaaS grow increasingly sophisticated.
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HP launches Enterprise Security Edition for secure PCs
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data protection
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physical security
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supply chain & logistics
HP unveils its Enterprise Security Edition, a suite to bolster physical security for business PCs amid rising threats in hybrid work environments.
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Semperis expands in Australia after USD $125m funding
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edutech
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uc
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ransomware
Semperis is expanding in Australia following a USD $125 million funding boost, targeting enhanced cyber resilience amid rising ransomware threats.
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Australia sees rise in cyber threats & financial losses
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ransomware
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advanced persistent threat protection
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email security
Australia's cyber security landscape is deteriorating, with over 1,100 incidents reported and average losses surging to AUD $30,700, warns the ACSC.
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Accenture enhances AI cybersecurity for Australia
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it training
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supply chain & logistics
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genai
Accenture has expanded its generative-AI cybersecurity services to strengthen Australian businesses against a surge in advanced digital threats.
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Public anxiety over AI-driven cyber threats rising
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phishing
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email security
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cybersecurity
A study reveals that 61% of the public fear cybercrime, particularly from AI threats, with generational gaps in concern highlighted amid rising anxiety.
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Sextortion scams surge with personal data to extort money
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malware
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cryptocurrency
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blockchain
New Barracuda research reveals a surge in personalised sextortion attacks, where cybercriminals leverage victims' personal data for increased blackmail pressure.
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Alcatel-Lucent Enterprise releases cybersecurity updates for OXE Purple
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firewalls
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encryption
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network security
Alcatel-Lucent Enterprise reveals new cybersecurity features for its OmniPCX Enterprise Purple solution, enhancing compliance with the EU's NIS 2 Directive.