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

Multi-factor authentication (MFA) stories

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Cybersecurity fears rise ahead of 2024 Paris Olympics
Yesterday
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firewalls
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ransomware
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advanced persistent threat protection
As the 2024 Paris Olympics near, cybersecurity warnings from Radware, Mandiant, Tenable, and Palo Alto Networks highlight AI-enhanced threats and the need for robust defence strategies.
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Enhanced cybersecurity measures urged by Software@Scale
3 days ago
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devops
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firewalls
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Louis Droguett, CEO of Software@Scale, urges firms to bolster cybersecurity with multi-layered approaches as threats from groups like APT40 intensify.
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Fortinet reveals rising cyber threats targeting Paris 2024 Olympics
Last week
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malware
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firewalls
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ddos
Fortinet’s new report warns of escalating cyber threats against the Paris 2024 Olympics, highlighting a dramatic surge from 212 million attacks at London 2012 to 4.4 billion at Tokyo 2020.
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IT professionals urged to secure networks before summer holidays
Last week
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phishing
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firewalls
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email security
As summer approaches, IT pros should follow Corey Nachreiner's advice to secure networks while on holiday. Key steps include shutting down unused devices, updating critical servers, and using multi-factor authentication.
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AT&T data breach: experts call for enhanced security and vigilance
Last week
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encryption
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advanced persistent threat protection
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A five-month data breach at AT&T has exposed the information of all customers within that period, highlighting urgent cybersecurity challenges in the telecom sector.
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ReliaQuest report notes 20% spike in ransomware Q2 2024
Last week
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ransomware
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cdp
ReliaQuest's Q2 2024 report reveals a 20% surge in ransomware attacks. With 1,237 organisations hit, new players like RansomHub rise amid the RaaS disruption.
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Cyberattack concerns grow among Singapore & Malaysia firms
Last week
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ransomware
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advanced persistent threat protection
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malaysia
New research reveals alarming cyberattack trends in Singapore and Malaysia, with many companies resorting to paying ransoms.
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New data breaches spark cybersecurity fears as Twilio confirms attack
This month
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breach prevention
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security vulnerabilities
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mfa
ShinyHunters claimed responsibility for compromising 33 million Twilio users' phone numbers via the Authy 2FA app, sparking major security concerns.
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How healthcare providers can tighten security using identity
This month
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ransomware
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phishing
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email security
Healthcare providers are boosting security by integrating Unified Identity and Access Management with Multi-Factor Authentication, safeguarding sensitive data while ensuring smooth user experiences.
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10 billion password leak spurs cyber hygiene warning
This month
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malware
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phishing
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email security
Industry professionals stress the critical importance of robust cyber hygiene following the leak of nearly 10 billion stolen passwords online, which has been described as the largest data breach ever.
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UK councils report over 5,000 data breaches in 2023
This month
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data protection
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risk & compliance
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data privacy
An FoI request by Apricorn unveiled over 5,000 data breaches across UK local councils in 2023, raising serious concerns about data protection compliance.
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Safeguarding businesses against deepfake threats to employees
This month
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firewalls
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it training
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cryptocurrency
Businesses face growing deepfake threats, as illustrated by a US$25 million scam targeting a Hong Kong employee. Awareness, training, and advanced tools are crucial to safeguard against such risks.
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Exclusive: Why creating phishing-resistant users is key to cybersecurity
This month
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edutech
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phishing
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email security
Yubico's Jeff Schomburgk has discussed the critical rise of phishing-resistant authentication and its pivotal role in shaping the future of cybersecurity.
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Survey: investments in cybersecurity needed for insurance
This month
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firewalls
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ransomware
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network security
Nearly all companies with cyber insurance have bolstered cybersecurity to meet policy terms, yet recovery costs from attacks, averaging USD $2.73 million, outstrip coverage.
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Myths and misconceptions about cloud ERP debunked
This month
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it training
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crm
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encryption
Unmask the myths of cloud ERP: not just a costly, unreliable, or complex system, but a scalable, secure solution boosting efficiency and growth for all businesses.
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Survey shows 76% of firms boost cyber defences for insurance
Last month
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firewalls
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network security
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breach prevention
Some 76% of firms bolstered cyber defences to secure insurance, though many remain unclear on coverage specifics amid rising attack recovery costs.
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Cloud resources top targets for cyber-attacks in 2024 Thales study
Last month
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storage
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risk & compliance
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data privacy
Cloud resources are the main targets for cyber-attacks, with nearly 50% of cloud-stored data deemed sensitive and 44% of firms reporting breaches.
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Cyber threats surge during Australia's EOFY tax season
Last month
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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
Last month
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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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Businesses underprepared as data breaches soar 25% in 2023
Last month
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data protection
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devops
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encryption
A 25% surge in 2023 data breaches hit UK firms, with ransomware impacting 75%. Average breach costs GBP £3.4 million, but only 31% do risk assessments.