Cybercrime stories - Page 8
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.

Adapting cybersecurity strategies to the escalating threat landscape
Mon, 1st Jul 2024
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malware
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ddos
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devops
The takedown of Qakbot offers a brief respite for cybersecurity teams but highlights the persistent, evolving threat landscape and the complexity of combating cybercrime.

Survey reveals key challenges for SMEs in Australia & NZ
Tue, 25th Jun 2024
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recruitment
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inflation
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cybercrime
A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.

How businesses can strengthen defences against evolving cyberattacks
Fri, 21st Jun 2024
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ai
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ping identity
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dark web
As cybercriminals exploit AI to amplify attacks, businesses are urged to upgrade legacy systems, integrate AI in security efforts, and enhance real-time threat detection.

UK sees sharp rise in email & text online scams since 2022
Wed, 19th Jun 2024
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email security
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email
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scams
A new study reveals a rise in scam emails and texts since 2022, with Brits receiving 240 annually, costing over GBP £500 million in H1 2023.

ANZ Plus launches digital identity service with ConnectID
Wed, 19th Jun 2024
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martech
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physical security
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cdp
ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.

AI-driven cyber crime drives AUD $4.03m average data breach cost
Wed, 19th Jun 2024
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paas
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mfa
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iaas
Cyber-attacks on Australian firms have surged, with AI-driven threats pushing data breach costs to AUD $4.03 million. Cloud services and enhanced AI defences are key.

Red Piranha wins top XDR award at Global InfoSec Awards
Tue, 18th Jun 2024
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advanced persistent threat protection
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cybersecurity
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cyber threats
Red Piranha's Crystal Eye XDR wins top honour at the Global InfoSec Awards at RSA Conference, hailed for its innovative cybersecurity solution against rising cyber threats.

Group-IB helps bust Southeast Asian cyber fraud syndicate
Tue, 18th Jun 2024
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cybersecurity
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money laundering
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fraud
Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.

IT leaders urge Australian govt to boost cyber threat funding
Tue, 11th Jun 2024
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cybersecurity
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healthtech
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software updates
A new poll by Tenable reveals 79% of Australian IT and cybersecurity leaders feel the federal government’s efforts against evolving cyber threats are inadequate, demanding more preventive measures.

Cybercrime costs New Zealanders $6.6 million in Q1
Wed, 5th Jun 2024
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phishing
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email security
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cybercrime
Cybercrime hits New Zealand hard in early 2024, with financial losses topping NZD $6.6 million, reveals CERT NZ's latest report, despite fewer incident reports.

Ashdown Group releases 2024 IT salary guide amid economic shifts
Fri, 24th May 2024
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devops
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advanced persistent threat protection
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apm
The Ashdown Group's 2024 IT Salary Guide reveals a 27% drop in job posts amid economic slowdown, but optimism rises with potential Bank of England rate cuts.

Discovermarket partners with Globe to launch cyber insurance in Philippines
Thu, 23rd May 2024
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insurance
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cybercrime
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insurtech
Discovermarket partners with Globe to launch CyberInsurance in the Philippines, offering protection against online identity theft and fraud as cybercrime surges.

IAG launches Cylo to boost cyber resilience for small businesses
Thu, 23rd May 2024
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iag
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cybercrime
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upguard
IAG debuts Cylo, a cyber underwriting agency supported by CGU, to enhance cyber resilience for small Australian businesses with revenues up to AUD $10 million.

UK infrastructure sectors alarmed over rise in AI cyber threats
Fri, 17th May 2024
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uc
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endpoint protection
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edr
New research by Bridewell reveals over 75% of UK's key infrastructure organisations are increasingly concerned about AI-powered cybercrime.

AI security course by AttackIQ prioritises risk mitigation
Fri, 17th May 2024
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ai security
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cybersecurity
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developers
AttackIQ launches a vital free course, Foundations of AI Security, to help professionals and policymakers navigate AI risks, amidst surging cybercrime costs.

SentinelOne named among best tech workplaces in Australia
Wed, 15th May 2024
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hcm
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ai
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management
SentinelOne, renowned for its AI-powered security, is celebrated as one of Australia’s Best Workplaces in Technology, embodying trust and inclusivity.

Australian firms under-reporting ransomware attacks
Wed, 15th May 2024
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firewalls
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ransomware
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network security
One in 10 Australian businesses failed to report ransomware attacks to law enforcement agencies, encouraging cybercriminals and impeding their capture.

HAT Distribution partners with CyberSmart to bolster Australian SME cyber safety
Tue, 14th May 2024
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risk & compliance
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cybersecurity
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cybercrime
HAT Distribution partners with UK's leading cybersecurity provider, CyberSmart, to simplify cybersecurity assessments and bolster defences for Australian small businesses amid increasing cyber crime incidents.

High-street stores' software failures: A wake-up call for retail
Thu, 9th May 2024
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devops
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apm
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ai
Repeated software failures at major UK retailers, resulting in delivery hiccups and incorrect payments, highlight an urgent need for improved system maintenance and quality assurance.

Graylog unveils Security 6.0 for robust cyber threat detection
Wed, 8th May 2024
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siem
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advanced persistent threat protection
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risk & compliance
Threat Detection and Incident Response firm, Graylog, unveils Graylog Security 6.0, a tool designed to combat advanced cyber threats while optimising data management and reducing cost of ownership.