CFOtech Australia - Technology news for CFOs & financial decision-makers

Business Email Compromise stories - Page 9

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Are Australian businesses prepared for cyber threats?

Thu, 4th Jul 2024
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With the end of the financial year nearing, Australian businesses are warned of rising cyber threats, including AI-driven attacks, tax scams and ransomware.
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Getting the balance right between business innovation, security and AI

Tue, 2nd Jul 2024
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The rise of GenAI in business innovation, via tools like Microsoft Copilot, comes with an alarming spike in AI-powered cyberattacks, pushing security to its limits.
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Barracuda Networks report shows rise in email cyber threats

Wed, 19th Jun 2024
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Barracuda Networks' Email Threats and Trends, Vol. 1 report reveals an alarming rise in sophisticated email-based cyber threats, driven by advancing AI, with BEC attacks now comprising over 10% of all social engineering threats.
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Arctic Wolf enhances platform with identity threat detection

Tue, 18th Jun 2024
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Arctic Wolf launches ITDR to its security operations platform to counter rising identity-based cyber threats, enhancing tools like Microsoft Defender and Okta.
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Rise in ransomware accelerates cyber insurance adoption

Thu, 23rd May 2024
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Arctic Wolf's Cybersecurity Report reveals a rise in ransomware and Business Email Compromise attacks, pushing global firms towards increased cyber insurance.
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Collaboration tools are now at the frontline in the battle against phishing

Mon, 13th May 2024
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As users swap email for collaboration suites, threat actors are as well, posing a fresh challenge for corporate security teams.
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Tecala partners with Check Point to boost Australia's email security

Mon, 22nd Apr 2024
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Tecala partners with Check Point Software Technologies to bolster email cybersecurity in Australia, utilising AI and ML to predict and counter rising security threats.
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AI bolsters security response times, reveals ReliaQuest report

Fri, 29th Mar 2024
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ReliaQuest's annual threat report reveals AI and automation technologies improve organisations' response time to security incidents by up to 99% year on year.
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The imperative to go beyond backup, by focusing on cyber resilience & AI

Thu, 28th Mar 2024
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This World Backup Day Cohesity calls for a focus on cyber resilience & AI amid rising cyber threats.
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Sophos 2024 report reveals top cybersecurity threats to SMBs

Thu, 14th Mar 2024
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Sophos' 2024 Threat Report unveils that half of all malware targeting SMBs consists of keyloggers, spyware, and stealers, with data theft featuring in over 90% of attacks in 2023.
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Barracuda report highlights rise of high-risk business security threats in 2023

Thu, 22nd Feb 2024
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Barracuda's 2023 threat research reveals an increase in high-severity cyber attacks targeting businesses, predominantly through business email compromise and malicious code, exacerbating concerns over network security.
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Rising cybersecurity threats prompt shift from traditional password methods

Mon, 27th Nov 2023
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Rising cybersecurity threats prompt a shift from traditional, vulnerable password methods to phishing-resistant authentication solutions.
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Keeper Security urges retailers to prep for holiday season cyber threats

Fri, 17th Nov 2023
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Keeper Security, a top cybersecurity software firm, warns retailers to brace for potential cyber threats during the holiday season.
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Email defence methods increasingly falling short - report

Thu, 17th Aug 2023
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According to the Secureworks Incident Response report, the number of incidents involving business email compromise doubled between January and December 2022.
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Video: 10 Minute IT Jams - An update from Secureworks

Wed, 19th Apr 2023
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Secureworks' Head of Threat Intelligence for APJ, Alex Tilley, discusses the company's cybersecurity solutions in a new TechDay interview.
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Microsoft Exchange and Log4j continue to be top points of compromise

Fri, 24th Mar 2023
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Arctic Wolf, a global specialist in security operations, has published its annual Arctic Wolf Labs Threat Report, revealing a year of turbulence.
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Business email compromise doubled in 2022: Secureworks

Mon, 20th Mar 2023
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Analysis of over 500 incidents that Secureworks responded to in 2022 found companies need to make themselves a more challenging target.
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BEC overtakes ransomware as cyber crime of choice

Mon, 20th Mar 2023
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The number of incidents involving business email compromise has doubled, replacing ransomware as the most common type of financially motivated cyber threat.
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Video: 10 Minute IT Jams - An update from Cydarm

Wed, 5th Oct 2022
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Vaughan Shanks joins us today to discuss how Cydarm helps enterprises achieve cyber resilience and why this is crucial in today's hybrid working world.
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The growing threat of CEO fraud and how to mitigate it

Tue, 4th Oct 2022
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CEO fraud, a form of financial theft, is on the rise with global losses reaching USD $43 billion in 2021, warns FBI. .