Displaying items by tag: Cybercrime

Australia has been caught up in the unrelenting cyber crime scourge sweeping the world, with a new global security report finding that since 2014 the country was hit by more than 114,000 instances of cyber crime, with almost 24,000 of the attacks occurring in the first half of 2017.

Published in Security
Tuesday, 20 February 2018 15:36

Many adults turn a blind eye to cyber crime

Forty-three percent of adults believe at least one type of cyber crime is always or sometimes acceptable.

Published in Core Dump
Monday, 19 February 2018 11:43

Claim new Payments Platform increases fraud risks

One security company claims Australia’s New Payments Platform is likely to increase the risk of fraudsters seeking to exploit the availability of real-time bank payments.

Published in Security
Tuesday, 13 February 2018 23:17

Warning: Fraudsters hitting cryptocurrencies

Cryptocurrency marketplaces, designed to facilitate trading on the full range of digital currencies, are experiencing a range of fraudulent activity, according to a new report from digital identity company ThreatMetrix.

Published in Security

A majority of Australian IT decision-makers believe reporting of data breaches to regulators will help prevent cyber crime.

Published in Security
Wednesday, 17 January 2018 01:29

Lawyers hit by cyber criminals, says Darktrace

Western Australian law firm Jackson McDonald has selected AI technology from Singapore-based security firm Darktrace to defend its critical data, including confidential case work, litigation strategies and sensitive client information.

Published in Security
Thursday, 11 January 2018 00:27

Phishing scam hits Netflix

Netflix has been hit by a new zero-day phishing scam using fake Netflix branding, with security firm MailGuard warning that the popular global video streaming service has become a favourite vehicle for email fraudsters.

Published in Security
Wednesday, 10 January 2018 17:33

Small business cops brunt of cyber crime attacks

Almost half of all cyber crime targets small businesses in Australia, according to a newly released Australian Government pamphlet designed to raise awareness of cyber crime and help small businesses achieve better cyber security preparedness.

Published in Security

There has been an unprecedented level of new cyber crime attacks worldwide in 2017 — both in number and intensity — and next year is expected to be even worse, according to global security firm MailGuard.

Published in Security
Thursday, 23 November 2017 10:41

WhiteHawk launches IPO ahead of ASX debut

Online cyber security advisory firm WhiteHawk has opened an initial public offering to raise $4 million as it ramps up its fledgling business ahead of an ASX listing in December.

Published in Strategy

Dramatic cyber crime growth with 144 million attacks detected over the last 90 days mean they are at the highest-ever levels recorded, with emerging digital business models targeted by their evolving nature.

Published in Security

Australian employers are not doing enough to prevent internal crime, according to a new survey of legal professionals, with rogue employees engaging in deceitful deception of the disturbing kind.

Published in Security

The average costs of a data breach for some Australian organisations have fallen 5% to A$2.51 million, down from A$2.64 million, compared to an average decrease in costs globally of 10%, according to a new report.

Published in Security

There has been a massive rise in email impersonation attacks — where a cyber criminal attempts to impersonate a trusted individual — around the world, as organisations fight a seemingly losing battle to prevent malicious emails from breaking through security systems.

Published in Security

McAfee has told the Australian Government that cyber crime is becoming more and more sophisticated and government agencies and businesses need to be prepared to combat threats to their security.

Published in Security

Criminal data breaches over the Internet will cost businesses around the world a total of US$8 trillion over the next five years, according to a new report.

Published in Security

It’s a couple of trillion less than the current 2017 US deficit, showing just how severe the cost of cyber crime is to business globally.

Published in Security

Cyber crime has doubled in Australia in the past 12 months on the back of the emergence of the Internet of Things and virtual cloud environments, according to a new security report.

Published in Security

Software industry advocacy group, the BSA|The Software Alliance, reached a record settlement of $200,000 with a Sydney-based engineering firm in 2016 which saw a record total amount of $589,000 in damages obtained in the year for the use of unlicensed software in Australia.

Published in Business Software

Australian companies are too slow to take the necessary action to mitigate and manage their cyber security risks, according to a newly published report that reveals that cyber crime is expected to cost the world in excess of $6 trillion annually.

Published in Security

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