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

Cybercrime stories - Page 30

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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IT leaders urge Australian govt to boost cyber threat funding

Tue, 11th Jun 2024
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A new poll by Tenable reveals 79% of Australian IT and cybersecurity leaders feel the federal government's efforts against evolving cyber threats are inadequate, demanding more preventive measures.
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Ashdown Group releases 2024 IT salary guide amid economic shifts

Fri, 24th May 2024
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The Ashdown Group's 2024 IT Salary Guide reveals a 27% drop in job posts amid economic slowdown, but optimism rises with potential Bank of England rate cuts.
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IAG launches Cylo to boost cyber resilience for small businesses

Thu, 23rd May 2024
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IAG debuts Cylo, a cyber underwriting agency supported by CGU, to enhance cyber resilience for small Australian businesses with revenues up to AUD $10 million.
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AI security course by AttackIQ prioritises risk mitigation

Fri, 17th May 2024
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AttackIQ launches a vital free course, Foundations of AI Security, to help professionals and policymakers navigate AI risks, amidst surging cybercrime costs.
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SentinelOne named among best tech workplaces in Australia

Wed, 15th May 2024
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SentinelOne, renowned for its AI-powered security, is celebrated as one of Australia's Best Workplaces in Technology, embodying trust and inclusivity.
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Australian firms under-reporting ransomware attacks

Wed, 15th May 2024
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One in 10 Australian businesses failed to report ransomware attacks to law enforcement agencies, encouraging cybercriminals and impeding their capture.
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HAT Distribution partners with CyberSmart to bolster Australian SME cyber safety

Tue, 14th May 2024
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HAT Distribution partners with UK's leading cybersecurity provider, CyberSmart, to simplify cybersecurity assessments and bolster defences for Australian small businesses amid increasing cyber crime incidents.
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Graylog unveils Security 6.0 for robust cyber threat detection

Wed, 8th May 2024
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risk & compliance
Threat Detection and Incident Response firm, Graylog, unveils Graylog Security 6.0, a tool designed to combat advanced cyber threats while optimising data management and reducing cost of ownership.
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Guardz & SuperOps partner for enhanced AI-driven cybersecurity

Wed, 8th May 2024
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Guardz joins forces with SuperOps to supercharge cybersecurity for small and medium-sized businesses, leveraging AI to fortify protection against escalating cyber threats.
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Resilience named as National Cyber Resilience Centre Group Ambassador

Fri, 3rd May 2024
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Resilience, the cyber risk solution tech company, has been named the newest National Ambassador by the UK's National Cyber Resilience Centre Group (NCRCG), in the bid to boost cyber resilience awareness in the commercial and third-sector communities.
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Ransomware activity spikes 20%, hospitals now in crosshairs

Thu, 25th Apr 2024
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Ransomware victims surge nearly 20% YoY in Q1 2024, with active ransomware groups increasing by 55% despite law enforcement efforts.
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Customers vs banks - Where should the buck stop in preventing finance scams?

Wed, 24th Apr 2024
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As cybercrime rates surge, Australia's major banks grapple with responsibility for preventing financial scams, prompting critical discourse on customer versus bank account protection roles.
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Cybersecurity services market to hit $445.3 billion by 2032

Wed, 10th Apr 2024
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Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.
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Innovative BANE platform set to fortify Australia's fight against cybercrime

Wed, 10th Apr 2024
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Australian and US researchers partner with Oracle to develop BANE, a pioneering platform leveraging AI to combat the escalating cybercrimes such as child exploitation, relieving law enforcement burdens.
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Wavelink gets sole Claroty distributorship for Australia

Tue, 9th Apr 2024
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Enterprise solutions leader Wavelink broadens its partnership with cyber-physical systems security brand Claroty, obtaining distribution rights across all business segments in Australia.
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Mandiant reveals threats to Ivanti Connect Secure appliances

Mon, 8th Apr 2024
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Mandiant reveals new findings on threat actors exploiting vulnerabilities in Ivanti Connect Secure appliances, laying bare a disturbing mix of state-linked and profit-driven cyberattacks.
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How to defend your business against AI-powered ransomware

Wed, 3rd Apr 2024
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Australian businesses are urged to use AI technology to combat increased ransomware attacks, bolstered by a rise in AI-powered cyber criminality.
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Ransomware retains top spot, Sophos cybercrime report reveals

Wed, 3rd Apr 2024
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Sophos' Active Adversary Report 2023 unveils persistent ransomware threats, rising use of compromised credentials in cyberattacks.
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Veritas upgrades Backup Exec to escalate cyber defence for Australian SMBs

Thu, 28th Mar 2024
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Veritas Technologies releases upgrades for its Backup Exec solution, offering added cyber-resilience features for small and medium-sized businesses amid a 14% increase in Aussie cybercrime.
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Rising trend of cybersecurity experts turning to cybercrime

Tue, 12th Mar 2024
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CIISec flags growing concern over cybersecurity professionals engaging in cybercrime, incited by the enticing monetary gains of the dark web.