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

Cybercrime stories - Page 38

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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AI in cybersecurity stamping out menacing fileless attacks

Wed, 30th Jan 2019
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Artificial intelligence is revolutionising cybersecurity by effectively combating fileless attacks, which evade traditional antivirus software.
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Cryptomining affected 37% of businesses last year

Fri, 25th Jan 2019
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A Check Point report reveals 37% of global businesses suffered cryptomining attacks in 2018, highlighting a surge in stealthy cybercrime techniques.
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AU businesses less cybersecurity confident than global peers

Sat, 19th Jan 2019
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online safety
A new report reveals companies around the world could incur US$5.2 trillion in additional costs and lost revenue over the next five years due to cybercrime.
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Palo Alto says supply chain is cybersecurity's weakest link

Fri, 18th Jan 2019
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malware
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firewalls
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network infrastructure
Palo Alto Networks warns that supply chains are the weakest link in cybersecurity, urging firms to evaluate partners' defences to prevent breaches.
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Carbon Black: What does cybersecurity have in store for 2019?

Wed, 16th Jan 2019
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supply chain
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As geopolitical tensions rise, Carbon Black forecasts an increase in destructive cyber attacks, sophisticated counter-detection, and extortion tactics in 2019.
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IoT breaches: Nearly half of businesses still can't detect them

Wed, 16th Jan 2019
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cybersecurity
The Internet of Thing's (IoT's) rapid rise to prominence may have compromised its security, if a new report from Gemalto is anything to go by.
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A photo still enough to defeat face unlock of many phones

Sat, 12th Jan 2019
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biometrics
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cybersecurity
A new study by Consumentenbond reveals that 42 out of 110 smartphones tested can be unlocked using just a photo, challenging manufacturers' security claims.
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Twitter suspects state-sponsored ties to support forum breach

Wed, 19th Dec 2018
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breach prevention
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cybersecurity
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data breach
One of Twitter's support forums was hit by a data breach that may have ties to a state-sponsored attack, however users' personal data was exposed.
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Is Supermicro innocent? 3rd party test finds no malicious hardware

Thu, 13th Dec 2018
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semiconductors
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datacentre infrastructure
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One of the larger scandals within IT circles took place this year with Bloomberg firing shots at Supermicro - now Supermicro is firing back.
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Cyber crisis continues unabated – is ATP the answer?

Thu, 15th Nov 2018
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firewalls
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network security
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advanced persistent threat protection
Statistics on cybercrime certainly makes for grim reading, and that is set to continue unless businesses take measures to stack the odds better in their favour.
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Exclusive: Why Australian enterprises are prime targets for malware attacks

Wed, 14th Nov 2018
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ransomware
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phishing
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advanced persistent threat protection
Australian businesses need to take cybersecurity more seriously as their attitudes and awareness don't match up to evolving threats.
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Supermicro to test for spy chips, Apple & AWS call for retraction

Tue, 23rd Oct 2018
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semiconductors
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datacentre infrastructure
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hyperscale
Supermicro vows to test its motherboards for alleged spy chips amid strong denials from Apple and AWS, who demand Bloomberg retract its claims.
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Credential theft industry booming in US, declining in Asia & EU

Wed, 10th Oct 2018
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cybercrime
New research reveals the US is ripe for harvest, but Blueliv says the declines in EU and Asia are almost definitely only temporary.
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Chinese espionage: Sweating Apple insists breach allegations are 'not true'

Tue, 9th Oct 2018
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hyperscale
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dc
The dust still hasn't settled on the report that caused Supermicro's stocks to collapse, and now Apple is stressing its innocence.
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Huge vulnerabilities in software supply chain being exploited

Thu, 4th Oct 2018
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supply chain
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apm
A very exposing report has revealed breaches are rising and response times are falling, largely due to shoddy software development practices.
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Brewery breach: Not even beer is safe from ransomware

Sat, 22nd Sep 2018
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malware
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ransomware
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breach prevention
There were no pints enjoyed at this Scottish brewery this week as it fell victim to a crippling ransomware attack.
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Why cybercriminals are moving away from attention-grabbing ransomware attacks

Wed, 29th Aug 2018
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cybercrime
Cybercriminals are forsaking flashy ransomware for covert crypto-jacking and business email compromise, says Trend Micro, as attacks grow more clandestine.
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Stalemate: Businesses aware of cloud benefits but wary of risks

Thu, 16th Aug 2018
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hyperscale
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dc
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cybersecurity
A new Gartner survey of senior executives has revealed enterprises want to take their storage to the cloud - but are being held back by the 'risks'.
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Report: Cybersecurity pressures on the rise - but there is a solution

Mon, 6th Aug 2018
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cybersecurity
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trustwave
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mssp
Trustwave's annual survey found that for the fifth consecutive year security professionals are feeling more stress, but there are some bright spots.
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Criminals aim for attack 'quality, not quantity' as malware volumes drop

Tue, 31st Jul 2018
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malware
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cybersecurity
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malwarebytes
The crime lull may be a continuation of Q1's drop, but cryptominers, ransomware, and exploits have opted for 'quality, not quantity'.