Displaying items by tag: criminals

GUEST OPINION by Jim Cook, ANZ Regional Director, Attivo Networks: With cybercriminals always on the hunt for new ways to mount attacks, organisations are paying more attention to the weaknesses that exist within many deployments of Microsoft’s Active Directory (AD).

Global organisations are struggling to maintain consistent application security across multiple platforms, and they are also losing visibility with the emergence of new architectures and the adoption of application program interfaces (APIs), according to one security solutions vendor.

The International Telecommunication Union (ITU) is set to launch new 2020 guidelines on Child Online Protection (COP), re-designed from the ground up to reflect what the ITU says are the significant shifts in the digital landscape in which children find themselves, such as the Internet of Things, connected toys, online gaming, robotics, machine learning and artificial intelligence.

Online payments provider PayPal has revealed its counter-offensive against criminals who seek to take advantage of the COVID 19 pandemic, saying it is now actively working with law enforcement in Australia to identify and prevent opportunistic online crime.

Criminals are taking advantage of the coronavirus outbreak according to analyst firm GlobalData which has revealed the spread of new malware by criminals raising fears about the disease.

Cybercriminals are abusing Twitter via tech support scams, command-and-control (C&C) operations and data exfiltration, with criminals found using fake Twitter accounts to spoof those of legitimate vendors for credible tech support scams.

Scammers have stolen at least $16 million from unsuspecting Australians so far this year and this is likely to be just the tip of the iceberg, according to the latest Scamwatch report from the ACCC.

Facebook’s announcement of its intention to launch a new virtual currency has prompted a warning from a Charles Sturt University expert that cryptocurrencies have a number of features that make them attractive to criminals.

The Western Australia Police Force is using a cloud-based artificial intelligence solution to track the digital footprints of criminals, replacing previously used manual processes.

The Australian Information Industry Association has warned that the Federal Government's encryption bill would lead to overseas vendors withdrawing from the Australian market as they would not want their products to be caught in the government's dragnet.

A new enterprise biometric identification service to be deployed by Australia’s Department of Home Affairs in July will vastly improve Australia’s biometric storage and processing capability, consolidating biometrics collected through visa and detention programs, according to the federal government.

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.

As cybercriminals grow ever bolder, Kaspersky Lab predicts that 2015 will ‘see attacks move beyond just targeting users of banking services, widely seen as the weak link in the security chain, and grow towards higher-stakes targeted cyber-attacks hitting the banks themselves,’ - but it’s far more than just financial cybercrime we need to be worried about!