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

Cybercrime stories - Page 34

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.
Norton

The most common types of identity theft and top ten ways to avoid it

Tue, 6th Sep 2022
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physical security
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1 in 5 New Zealanders have experienced identity theft, with 5% impacted in the past year. Learn the most common types and how to prevent it.
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Video: 10 Minute IT Jams - An update from CrowdStrike

Wed, 29th Jun 2022
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advanced persistent threat protection
Scott Jarkoff joins us today to discuss current trends in the cyber threat landscape, and the reporting work CrowdStrike is doing to prevent further cyber harm.
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Video: 10 Minute IT Jams - An update from Secureworks

Mon, 30th May 2022
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cloud security
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advanced persistent threat protection
Secureworks leaders discuss evolving cyber threats and the need to address cybersecurity negligence in the Asia-Pacific region.
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Binance appoints Jarek Jakubcek as Asia-Pacific head of intelligence & investigations

Fri, 20th May 2022
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crypto
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blockchain
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cybercrime
Binance hires former Europol cybercrime expert Jarek Jakubcek to lead efforts in taking down malicious actors in the Asian crypto ecosystem.
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Video: 10 Minute IT Jams - An update from IronNet

Fri, 13th May 2022
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ransomware
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advanced persistent threat protection
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Michael Ehrlich joins us today to discuss the history of IronNet and the crucial role the company plays in the cyber defence space.
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Evolution of ransomware reaches dangerous levels of sophistication

Fri, 15th Apr 2022
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ransomware
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endpoint protection
Ransomware is reaching new levels of sophistication with dangerous results, according to cybersecurity firm SLVA.
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The rise of cybercrime - Over $300 million lost to scams last year

Tue, 5th Apr 2022
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malware
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ransomware
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phishing
As remote work pushes more Australians online, the increase in cybercrime hits record-high rates, sparking significant concerns.
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Five data fundamentals to quash cybercrime

Tue, 15th Mar 2022
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data analytics
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Cybercriminals have never been happier, with constantly growing data footprints and operational disruption escalating the potency of cybercrime.
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Silent Eight raises $40m in Series B round to aid development strategy

Fri, 11th Mar 2022
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cybersecurity
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cloud services
Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.
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Why cyber risk management should be top priority in 2022

Thu, 10th Mar 2022
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data analytics
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planning
Has your leadership team spent much of the past two years in firefighting mode, responding to the issues that COVID-19 has created? Join the club.
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The fintech fraud epidemic: Banks aren't getting worse, fraudsters are just getting better

Fri, 4th Mar 2022
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fintech
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martech
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commerce systems
Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.
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AURA launch first Crime Trend Report, aims to gain insight in South Africa

Tue, 8th Feb 2022
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cybersecurity
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cloud services
On-demand emergency services marketplace AURA has launched a report into South Africa's high crime rate and what can be done to lower it.
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Cybercriminals laundered $8.6 billion worth of cryptocurrency in 2021 - report

Fri, 28th Jan 2022
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ransomware
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data analytics
Chainalysis is releasing its latest money laundering report analysing money laundering activity from the previous year.
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Why cyber crime will continue to flourish in 2022

Tue, 11th Jan 2022
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Cybercrime flourished in 2021, and there are no signs that it will slow down in 2022. There are several factors behind this high-confidence prediction.
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Experts place the human factor at the centre of cybersecurity strategies

Tue, 11th Jan 2022
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Human factor key to Australian companies' cybersecurity strategies, says panel of experts. Cyber-attacks occur every 8 minutes in the country.
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6 significant changes to online fraud we saw in 2021

Tue, 4th Jan 2022
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saas
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ransomware
SEON Fraud Prevention co-founders discuss the top trends that changed fraud in 2021, including the rise of Ransomware as a Service and easier online fraud.
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The British Council falls victim to two successful ransomware attacks

Mon, 27th Dec 2021
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ransomware
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zero trust security
The British Council has admitted to falling victim to two successful ransomware attacks, resulting in 12 days of downtime over five years.
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Online credit card fraud on the rise leading up to holiday season

Thu, 16th Dec 2021
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cybersecurity
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credit card fraud
Credit card fraud has seen a significant increase in Australia, particularly online, according to analysis from AusPayNet.
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New book reveals massive flaws in Australian cybersecurity management

Mon, 6th Dec 2021
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public cloud
Cybercrime has been estimated to cost the Australian economy AUD$42 billion, according to a new book released by a UNSW cybersecurity expert.
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Australian FIs are seeking more robust crime management solutions, report finds

Wed, 24th Nov 2021
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cybersecurity
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it management
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financial institutions
Nearly all Australian financial institutions (FIs) plan to replace in-house financial crime management solutions within three years, says IDC.