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

Cybercrime stories - Page 23

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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Organisations increasingly refuse ransom demands, says DBIR report

Fri, 25th Apr 2025
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The Verizon DBIR reveals ransomware remains prevalent in 44% of breaches, yet 64% of firms now refuse to pay ransoms amid evolving cyberthreat tactics.
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Cybercrime losses soar to USD $16.6 billion in 2024, outpacing US box office

Thu, 24th Apr 2025
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Cybercrime surged to USD $16.6 billion in 2024, outpacing major US industries and spotlighting social engineering and older victims as prime targets.
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Yubico & Solvatten boost digital security & clean water

Thu, 24th Apr 2025
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Yubico's Secure It Forward programme teams up with Solvatten to deliver clean water and strengthen digital security in developing countries, aiding over 800,000 lives.
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Veeam report finds 69% of firms hit by ransomware in past year

Thu, 24th Apr 2025
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malware
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virtualisation
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data protection
Nearly 69% of global firms, including Australian organisations, faced ransomware attacks in the past year, despite improved resilience efforts, says Veeam.
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Quishing attacks rise as QR codes pose new cybersecurity risks

Wed, 23rd Apr 2025
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malware
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digital transformation
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physical security
QR code phishing, or Quishing, is on the rise globally, with attacks up 51% as cybercriminals exploit trusted codes to steal data and spread malware.
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APJ region sees 73% surge in web & API attacks in 2024

Wed, 23rd Apr 2025
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ddos
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data protection
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ai security
Web and API attacks in the Asia Pacific and Japan surged 73% in 2024, with 51 billion incidents linked to AI-driven cyber threats, says Akamai.
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Rise in phishing scams as SVG attachments target login data

Wed, 23rd Apr 2025
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email security
Kaspersky reveals a six-fold spike in phishing attacks via SVG image files in March 2025, targeting users with fake Google and Microsoft login pages.
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New Android malware exploits NFC to steal funds instantly

Tue, 22nd Apr 2025
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A new MaaS platform, Supercard X, exploits Android NFC tech allowing cybercriminals to swiftly steal funds, raising urgent security concerns, especially in Asia.
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Australians warned of rising election scams as poll nears

Thu, 17th Apr 2025
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Cyber experts warn Australian voters to beware election scams ahead of the federal poll, predicting tactics similar to those seen in the US as threats rise.
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Identity Digital teams up with Shadowserver to fight cybercrime

Thu, 17th Apr 2025
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malware
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network security
Identity Digital has partnered with the Shadowserver Foundation to enhance domain management security and combat growing cyber threats globally.
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AI-powered scams surge online as Microsoft blocks USD $4bn

Thu, 17th Apr 2025
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Microsoft's report reveals a surge in AI-powered scams, blocking USD $4bn in fraud and detecting 1.6 million bot signups per hour online.
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How can small and medium businesses safeguard against rising data privacy threats?

Thu, 17th Apr 2025
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data protection
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encryption
Small and medium Australian businesses face rising data privacy threats, with cybercrime costs averaging AUD$49,600 as regulations tighten on data protection.
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Trend Micro explores Russian cyber underground's influence

Wed, 16th Apr 2025
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Trend Micro's latest report unveils the evolution of the Russian-speaking cyber underground, revealing its impact on global cybercrime amid shifting geopolitical landscapes.
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Report explores Russian cyber underground's global impact

Mon, 14th Apr 2025
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Trend Micro's new report reveals how geopolitical events are reshaping the Russian-speaking cyber underground, impacting global cybercrime with advanced technologies.
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AI boosts Australian cyber defences against rising threats

Fri, 11th Apr 2025
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advanced persistent threat protection
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risk & compliance
Australian organisations are increasingly adopting AI to combat rising cyber threats, streamlining security operations amid escalating cybercrime costs.
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EclecticIQ unveils Intelligence Center 3.5 to fight cybercrime

Fri, 11th Apr 2025
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EclecticIQ has launched Intelligence Center 3.5, aimed at enhancing cybersecurity amidst escalating threats, offering AI-driven tools for improved threat management.
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Study reveals rising cyber threats to financial industry

Wed, 9th Apr 2025
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A Radware study highlights alarming trends in cyber threats to the financial sector, revealing a surge in infostealer services and sophisticated OTP bots.
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Rising threats to influencers as cyber attacks escalate

Wed, 9th Apr 2025
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Bitdefender reports a dramatic rise in cybercrime targeting social media influencers, uncovering over 9,000 malicious livestreams on YouTube in 2024.
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Fast Flux DNS tactics escalate cyber defence challenges

Tue, 8th Apr 2025
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advanced persistent threat protection
The rise of Fast Flux DNS has empowered cybercriminals to evade detection more effectively, presenting significant challenges for security agencies in Australia.
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Bitdefender unveils new family security plans for consumers

Mon, 7th Apr 2025
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online fraud
Bitdefender has launched new Family Plans, offering tailored security solutions as cybercrime losses soar to over USD $1 trillion globally, ensuring families stay protected.