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

Cybercrime stories - Page 14

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.
Realistic shadowy cyber hacker dark room computer monitors encrypted data

CL0P hackers exploited Oracle EBS zero-day for data extortion

Fri, 10th Oct 2025
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network security
Hackers linked to CL0P exploited an Oracle E-Business Suite zero-day from July 2025, stealing data and extorting dozens of organisations worldwide.
Concerned it professionals in office analyzing deepfake cyber threats

Deepfake attacks cost firms an average of USD $280,000 per incident

Fri, 10th Oct 2025
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cybersecurity
More than half of firms faced deepfake fraud losses averaging USD $280,000 per incident, despite increased cybersecurity training and awareness efforts.
Australian office building digital security shields binary code ai threat shadows cybersecurity

Australian organisations boost cybersecurity spend as AI threats grow

Thu, 9th Oct 2025
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Australian firms plan hefty cybersecurity budget hikes, focusing on AI threats and skills gaps, as 75% boost spending amid rising digital risks.
Shadowy figure launching cyberattacks on australian landmarks businesses

AI-driven cyberattacks surge, targeting Australian organisations

Thu, 9th Oct 2025
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malware
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cloud security
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advanced persistent threat protection
AI-driven cyberattacks have surged in Australia, targeting major firms like Qantas and CommBank as attackers exploit browser flaws and stolen credentials.
Realistic server room red warning lights lock icon shadowy intrusion

Oracle issues urgent patch as Cl0p exploits suite flaw for attacks

Wed, 8th Oct 2025
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ransomware
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mfa
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advanced persistent threat protection
Oracle has issued an urgent patch for a critical flaw in its E-Business Suite, exploited by the Cl0p ransomware group using advanced social engineering tactics.
Australian office building cyber security shields cityscape shadowy hacker

Australian firms face new risks as AI & threats reshape cyber landscape

Wed, 8th Oct 2025
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siem
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risk & compliance
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ai
Australian firms face rising cyber risks as AI reshapes threats; experts urge stronger resilience and real-time defences amid growing attacks on major organisations.
Football fan receives suspicious message shadowy figure lurks stadium

Fans warned of digital scams ahead of 2026 World Cup matches

Tue, 7th Oct 2025
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malware
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vpns
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phishing
Fans heading to the 2026 World Cup are urged to beware of rising digital scams involving ticket fraud and fake travel deals, warns cybersecurity firm Norton.
Carolyn

Exclusive: Cloudera's Carolyn Duby warns of rising AI-powered cybercrime

Fri, 3rd Oct 2025
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data protection
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data analytics
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digital transformation
AI-driven cyberattacks now cost firms on average USD $4 million and 100 days to recover, raising security to a vital business priority worldwide.
Digital world map asia pacific cyber risk detection binary code alerts

ThreatBook unveils ATI for APAC cyber risk detection & insight

Thu, 2nd Oct 2025
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malware
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siem
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advanced persistent threat protection
ThreatBook launches its Advanced Threat Intelligence solution to enhance cyber risk detection in Asia Pacific, analysing billions of attack records daily.
Worried australian small business owner laptop digital security icons

ANZ warns small businesses after AUD $84 million cyber losses

Thu, 2nd Oct 2025
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advanced persistent threat protection
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email security
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cybersecurity
ANZ warns Australian small businesses to stay vigilant as scams cause AUD $84 million losses amid rising cybercrime threats in 2024.
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Facebook, WhatsApp & TikTok most invasive, Discord safest

Thu, 2nd Oct 2025
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data protection
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data privacy
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ai
Research finds Facebook, WhatsApp, and TikTok most privacy-invasive, while Discord tops the list for safeguarding user data and resisting AI training use.
Digital illustration secure data vault breached ai shapes futuristic padlocks quantum encryption cyber threats

Forrester forecasts agentic AI breaches & quantum spending surge by 2026

Thu, 2nd Oct 2025
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data protection
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encryption
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iot security
Forrester predicts the first agentic AI data breach and a surge in quantum security spending by 2026, amid rising government control of telecoms.
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Cyber insurance among small businesses surges amid rising threats

Thu, 2nd Oct 2025
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data protection
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ransomware
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martech
Cyber insurance among Australian small businesses has surged 50% amid rising cybercrime threats, with incidents costing an average of AUD $49,600 each.
Camouflaged dog silhouette lurking near globe with networked computer screens

Detour Dog malware uses DNS TXT records to hijack 30,000 sites

Thu, 2nd Oct 2025
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threat intelligence
The Detour Dog malware has covertly hijacked over 30,000 websites globally, exploiting DNS TXT records to deliver stealthy, location-targeted attacks.
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Detour Dog exploits DNS to target 30,000 sites with covert malware

Wed, 1st Oct 2025
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malware
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network security
Threat group Detour Dog has exploited DNS to covertly infect over 30,000 websites since 2020, shifting from scam redirects to malware delivery via server-side attacks.
Australian small business office employees computers lock digital shield cybersecurity

Australian SMEs urged to bolster cyber defences as attacks surge

Wed, 1st Oct 2025
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data protection
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mfa
As cyberattacks rise, Australian SMEs urged to boost defences with staff training and multi-factor authentication during Cybersecurity Awareness Month.
Person protected by concentric digital shields binary codes cybersecurity

Experts call for people-centred cyber resilience & data focus

Tue, 30th Sep 2025
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advanced persistent threat protection
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quantum computing
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risk & compliance
Experts urge a people-centred approach to cyber resilience, focusing on human behaviour, layered defences, and robust data governance amid evolving threats.
Computer monitor travel booking website robotic hands automated bots interaction

Automated bots now account for majority of traffic to travel sites

Thu, 25th Sep 2025
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ai
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cybersecurity
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online fraud
Automated bots now make up nearly 60% of visits to travel websites, disrupting bookings and prices across the global tourism sector, a new report reveals.
Realistic hacker at computer with digital symbols login screens microsoft 365 credential theft

Barracuda warns of surge in advanced OAuth phishing

Thu, 25th Sep 2025
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firewalls
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phishing
Barracuda warns of a surge in advanced OAuth phishing attacks exploiting Microsoft 365 and other platforms to steal access tokens and bypass multifactor authentication.
Shield symbol in front of computer and government building cyber protection public sector

KnowBe4 & Carahsoft partner to boost public sector cyber defences

Thu, 25th Sep 2025
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advanced persistent threat protection
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email security
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education, learning & training
KnowBe4 partners with Carahsoft to enhance public sector cybersecurity by offering AI-driven human risk management via Carahsoft's reseller network and NASA SEWP V contract.