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

Cybercrime stories - Page 13

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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Ransom payment rates drop to historic low as attackers adapt

Thu, 30th Oct 2025
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ransomware
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crypto
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phishing
Ransom payments fell to a historic low of 23% in Q3 2025 as cyber extortion tactics shift towards targeted, costlier attacks on larger firms.
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Why now is the time to modernise your SIEM

Thu, 30th Oct 2025
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firewalls
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siem
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network security
AI-driven cyber threats demand modern Security Information and Event Management systems to enhance detection, reduce costs, and improve resilience.
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Nightmare on cyber street: Inside 2025's scariest cyber threats

Wed, 29th Oct 2025
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ransomware
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encryption
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advanced persistent threat protection
In 2025, AI-driven cybercrime syndicates like Scattered Spider exploit human trust and quantum threats, forcing firms to rethink cyber resilience and risk management.
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Halloween scams spike as 63% of festive spam found malicious

Wed, 29th Oct 2025
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malware
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phishing
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email security
Bitdefender reports a 63% rise in malicious Halloween spam, with scams posing as festive giveaways and retail offers to steal data or spread malware.
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BBIN & Vault Viper linked to cyber-enabled fraud in Asia

Mon, 27th Oct 2025
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cybersecurity
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online gambling
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threat intelligence
Research links Asian iGaming firm BBIN and Vault Viper to extensive cyber-enabled fraud and organised crime across Southeast Asia and beyond.
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Users spending up to $850 yearly on redundant and fragmented security apps

Fri, 24th Oct 2025
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vpns
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mfa
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mdm
Fragmented security apps cost users up to $850 yearly, exposing them to cyber risks and alert fatigue, says new study by Ontario Tech University and PureVPN.
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BlueVoyant's warning after Qantas and Mango cyber attacks

Fri, 24th Oct 2025
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martech
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physical security
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supply chain
BlueVoyant warns Australian firms after Qantas and Mango suffer breaches via third-party suppliers, highlighting risks in supply chain cyber security.
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Ransomware groups surge as automation cuts attack time to 18 mins

Thu, 23rd Oct 2025
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ransomware
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encryption
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advanced persistent threat protection
Automation and AI slash ransomware attack times to 18 minutes, challenging defenders to match speed with automated defences, says ReliaQuest report.
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Queensland hackathon tackles rising cybercrime with new talent push

Thu, 23rd Oct 2025
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hyperscale
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advanced persistent threat protection
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risk & compliance
ANZ, Griffith University, AWS and Queensland Police launch a Brisbane hackathon to combat rising cybercrime and boost local cyber talent and resilience.
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APAC records highest network attack levels globally in WatchGuard report

Wed, 22nd Oct 2025
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malware
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firewalls
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ransomware
WatchGuard reports a 40% rise in evasive malware hidden in encrypted traffic, with 70% of threats now using TLS to avoid detection in Q2 2025.
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How ransomware economics drives the global cybercrime industry

Wed, 22nd Oct 2025
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saas
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ransomware
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digital transformation
Ransomware, a $10.5tn cybercrime industry by 2025, uses a professional economic model driving global attacks, with governments moving to curb payments.
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TA585 identified as key threat actor using advanced malware tools

Tue, 21st Oct 2025
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advanced persistent threat protection
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risk & compliance
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cybersecurity
Proofpoint identifies TA585 as a cyber threat actor managing end-to-end attacks, deploying advanced malware like MonsterV2 to target finance firms globally.
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AI-powered ransomware & cybercrime booming across APJ region

Tue, 21st Oct 2025
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advanced persistent threat protection
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ai security
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ai
AI-driven ransomware attacks surge across Asia Pacific and Japan, with decentralised Chinese cybercrime marketplaces and eCrime services fueling the boom.
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Ransomware's business model reshapes costs as cybercrime hits USD $10.5 trillion

Tue, 21st Oct 2025
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ransomware
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mfa
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crypto
Ransomware has evolved into a profit-centric business, driving cybercrime costs to USD $10.5 trillion and reshaping global cybersecurity risks and responses.
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Australia ranks high in cyberattacks as AI fuels new risks

Fri, 17th Oct 2025
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malware
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ransomware
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phishing
Australia ranks tenth globally for cyberattack frequency, with AI fueling a rise in ransomware and extortion, Microsoft reports in its 2025 Digital Defence Review.
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Russia, US & Brazil pose highest risks for wealthy crypto holders

Fri, 17th Oct 2025
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crypto
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defi
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bitcoin
Russia, the US and Brazil top the Executive Crypto Threat Index as the riskiest countries for wealthy cryptocurrency holders in 2025, while Japan and Singapore are safest.
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SMEs urged to cut data & boost cyber defences as attacks rise

Thu, 16th Oct 2025
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data protection
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advanced persistent threat protection
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risk & compliance
SMEs in Australia and the UK face rising cyber threats; experts urge cutting data and boosting defences as attacks and costs escalate rapidly.
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Whisper 2FA phishing kit targets Microsoft 365 users in Australia

Thu, 16th Oct 2025
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firewalls
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mfa
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advanced persistent threat protection
Whisper 2FA phishing kit targets Microsoft 365 users in Australia, employing advanced MFA interception and anti-analysis techniques in nearly one million attacks last month.
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Deepfake threat grows as public & business struggle to keep up

Wed, 15th Oct 2025
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phishing
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email security
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data privacy
Deepfake scams surge worldwide, with 49% of firms hit in 2024 as public and businesses struggle to spot convincing fake videos and audio.
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Bitdefender launches global campaign to combat AI scam threats

Fri, 10th Oct 2025
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data protection
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phishing
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advanced persistent threat protection
Bitdefender launches They Wear Our Faces campaign to fight AI-driven scams like deepfakes, warning consumers worldwide to stay alert and protect personal data.