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

Cybercrime stories - Page 21

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.
Ps rakesh prabhakar   head of zoho australia and new zealand

Is it time to re-think the business browser?

Fri, 30th May 2025
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malware
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data protection
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ransomware
Cybercrime costs soar as Australian businesses face record data breaches. Experts urge rethinking browser security to protect sensitive data effectively.
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AI-driven phishing attacks surge against Australian targets in 2024

Fri, 30th May 2025
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digital transformation
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cloud security
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hcm
AI-driven phishing attacks targeting Australian businesses surged in 2024, with over 30 million attempts recorded, making Australia the eighth most targeted country.
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Most high-traffic email domains still vulnerable to phishing

Fri, 30th May 2025
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phishing
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email security
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cybersecurity
New research reveals 92% of the world's top email domains remain vulnerable to phishing due to inadequate DMARC enforcement, exposing businesses globally.
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Hacking Games & Immersive partner to train cyber talent

Fri, 30th May 2025
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education, learning & training
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cybercrime
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cybersecurity training
The Hacking Games partners with Immersive's Cyber Million to train ethical hackers and tackle the global cybersecurity workforce gap amid rising cybercrime costs.
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Adidas data breach highlights supply chain risk for retailers

Thu, 29th May 2025
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data protection
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phishing
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martech
Adidas has suffered a data breach via a third-party provider, exposing customer information and highlighting rising cyber risks in retail supply chains.
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AI-powered ransomware surge despite fewer ransoms paid

Thu, 29th May 2025
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ransomware
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pam
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phishing
A Delinea report reveals 69% of organisations faced AI-driven ransomware attacks in the past year, despite fewer victims paying ransoms.
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Fake AI social media ads spread malware to millions globally

Wed, 28th May 2025
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malware
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endpoint protection
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phishing
Vietnam-linked hackers have used fake AI ads on Facebook and LinkedIn to spread malware to millions globally, stealing sensitive data from users.
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Radware honours Bell Canada & Presidio for cybersecurity work

Wed, 28th May 2025
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ddos
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digital transformation
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cloud security
Radware has named Bell Canada and Presidio Partners of the Year for their standout contributions to cybersecurity and service delivery excellence.
John scimone

Exclusive: Dell integrates security at the heart of AI innovation

Tue, 27th May 2025
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network infrastructure
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digital transformation
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encryption
Dell integrates security throughout its AI factory, aiming to secure AI innovation from design to deployment amid rising cyber threats and regulatory demands.
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Phishing attacks exploit AppSheet to mimic Meta & evade defences

Mon, 26th May 2025
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phishing
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email security
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ai
KnowBe4 Threat Labs warns of rising phishing attacks exploiting Google's AppSheet, impersonating Meta to bypass conventional email defences worldwide.
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DanaBot takedown highlights blurred lines in Russian cybercrime

Fri, 23rd May 2025
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supply chain
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ai security
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cybersecurity
The US DOJ indicted Russian nationals behind DanaBot malware, linked to Russian intelligence and used for cybercrime, espionage, and attacks on Ukraine.
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AI-driven threats prompt IT leaders to rethink hybrid cloud security

Thu, 22nd May 2025
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firewalls
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private cloud
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ransomware
A new survey reveals 91% of IT leaders are reassessing hybrid cloud risks as AI-driven cyberattacks surge, with global costs hitting USD $3 trillion annually.
Ps erich kron

Malicious memes: How cybercriminals use humour to spread malware

Thu, 22nd May 2025
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malware
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phishing
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advanced persistent threat protection
Cybercriminals exploit viral memes to spread malware and phishing attacks, using humour to bypass defences and target millions online in Australia and beyond.
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SEO poisoning attack diverts wages using fake payroll websites

Thu, 22nd May 2025
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firewalls
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manufacturing
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network security
Cyberattackers used SEO poisoning to mimic a payroll portal, stealing employee wages via mobile devices in a widespread manufacturing sector fraud uncovered by ReliaQuest.
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Cloudflare, Microsoft & police disrupt global malware service

Thu, 22nd May 2025
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malware
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ransomware
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endpoint protection
Cloudflare and Microsoft, with global law enforcement, have disrupted LummaC2, a major malware service stealing data worldwide and used for cybercrime.
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Cybercriminals industrialise attacks on hospitality sector, report finds

Thu, 22nd May 2025
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ransomware
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digital transformation
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cybersecurity
Cybercriminals increasingly target Australia's hospitality sector, exploiting digital gaps with sophisticated attacks and dark web services, Trustwave warns.
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McAfee rolls out AI scam detector for Australians amid surge

Wed, 21st May 2025
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phishing
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email security
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casb
McAfee launches AI Scam Detector for Australians amid surge, targeting texts, emails and videos with 99% detection accuracy to curb rising online scams.
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The Ransomware Threat: How to respond and protect your organisation

Mon, 19th May 2025
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data protection
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network infrastructure
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ransomware
Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.
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Coinbase offers USD $20 million bounty after insider data breach

Fri, 16th May 2025
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data protection
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mfa
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crypto
Coinbase says a data breach affected around 1% of users, with cybercriminals demanding a USD $20 million ransom, which was firmly rejected by the firm.
Ps gareth cox 1

How businesses are fighting sophisticated cyber threats with AI

Wed, 14th May 2025
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malware
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ransomware
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data science
Australian and New Zealand firms face rising AI-driven cyber threats, boosting investment in AI-powered defences like User and Entity Behaviour Analytics to combat attacks.