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

Identity Theft stories

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How payment service providers and merchants can enhance the eCommerce payment experience
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physical security
As eCommerce expands towards an estimated market value of USD $9.3 trillion by 2027, combining network tokenisation and Click to Pay can help merchants enhance security and convenience, reducing cart abandonment and boosting customer loyalty.
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Enzoic launches global partner program to combat cyber threats
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partner programmes
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Enzoic introduces a Global Partner Program to combat compromised credentials, identity theft, and payment card fraud, offering threat intelligence solutions and Dark Web monitoring.
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Gen data reveals 12% of Kiwis are victims of cybercrime
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advanced persistent threat protection
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physical security
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cybersecurity
A Gen report has revealed that 12% of New Zealanders fell victim to cybercrime in the past year, impacting both finances and mental health.
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Cyber threats surge during Australia's EOFY tax season
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phishing
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ransomware
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advanced persistent threat protection
As Australia's EOFY approaches, businesses and individuals rush to complete tax tasks, opening the door for heightened cyber threats.
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Experts warn of escalating threats across European sports and travel sectors
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phishing
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physical security
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email security
Cyber-attacks on European sports websites surge by 59% in January and 66% in March, with threats extending to travel, airlines, entertainment, and betting sectors.
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ANZ Plus launches digital identity service with ConnectID
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martech
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ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.
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Experts warn of fallout from BBC Pension and LAUSD data breaches
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it training
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data protection
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physical security
Recent data breaches at the BBC Pension Scheme and Los Angeles Unified School District (LAUSD) have exposed critical vulnerabilities, prompting cybersecurity experts to issue warnings about the potential misuse of stolen information.
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Ticketmaster cyberattack - what lessons can be learnt?
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firewalls
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siem
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network security
The Ticketmaster data breach affected 560 million people, with personal data being sold for USD $500 million. AI-powered SIEM systems emerge as key in preventing such cyberattacks.
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Parcel scams on the rise as Aussies face mounting threats
Thu, 30th May 2024
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physical security
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email security
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accc
Australia Post research reveals 73% of Australians have encountered package delivery scams, urging the use of official apps for parcel tracking to thwart schemes.
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Federal gov pledges $288 million in digital identity innovation
Fri, 17th May 2024
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robots
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cryptocurrency
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blockchain
The Federal Government pledges $288.1M to boost digital identity adoption, enhancing secure, seamless online services and dealing with cyber-attack fallout.
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Exclusive: How Entrust is protecting digital identities
Wed, 15th May 2024
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data protection
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encryption
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advanced persistent threat protection
Entrust, serving 10,000 customers globally, fortifies digital identities and combats fraud through AI innovations, robust data privacy and bespoke hybrid work solutions.
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Effortless digital experiences key to Singaporean customer loyalty
Wed, 1st May 2024
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physical security
A survey reveals seamless digital experiences and passwordless authentication could secure customer loyalty among Singaporeans.
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Grok Academy invites NZ students to third annual Cyber Comp
Wed, 1st May 2024
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edutech
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encryption
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phishing
Grok Academy invites students to join the annual Cyber Comp, a four-week cybersecurity challenge aimed at teaching online safety skills nationwide.
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Australian firms at risk due to evolving cybercriminal sophistication
Wed, 1st May 2024
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fintechs
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biometrics
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physical security
Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.
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Equifax & Norton team up to bolster Australian Cyber Safety
Mon, 29th Apr 2024
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data protection
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physical security
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Equifax and Norton unite to fortify identity safety for Australians, integrating Norton’s identity monitoring into Equifax's subscriptions, addressing rising fears of identity theft.
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Biometrics market projected to reach USD $173.7bn by 2032, says report
Wed, 17th Apr 2024
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surveillance
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blockchain
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physical security
The surge in demand for secure identification boosts the market valuation of biometrics technology, set to rise from USD $50.3bn in 2023 to USD $173.7bn by 2032, according to DataHorizzon Research.
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Malwarebytes launches free Digital Footprint Portal to protect personal data
Thu, 11th Apr 2024
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data protection
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encryption
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physical security
Malwarebytes has launched a free Digital Footprint Portal offering a detailed analysis of sources including the dark web.
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Singaporeans value seamless, secure digital experiences, survey finds
Wed, 3rd Apr 2024
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martech
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physical security
Singaporeans prioritise simple, secure online experiences, with 73% considering a brand switch for passwordless logins, reveals a survey by Ping Identity.
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FICO survey reveals identity theft & fraud fears among Indonesians
Mon, 1st Apr 2024
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physical security
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fintechs
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financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.
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Heng Leong Hang adopts CyberArk platform for enhanced cybersecurity
Wed, 20th Mar 2024
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digital transformation
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pam
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advanced persistent threat protection
Taiwanese retail giant, Heng Leong Hang, enhances cyber defence with the integration of CyberArk's Identity Security Platform into its cyber security strategy to protect core systems and customer data.