Displaying items by tag: Data breach

COMPANY NEWS:  Hitachi Vantara report reveals 84% of leaders fear catastrophic data loss as AI strains infrastructure and 41% say AI is already a critical part of their function

Key findings

• Barracuda threat researchers have identified evolving tactics being used by cybercriminals in targeted sextortion scams.
• Criminals are now frequently using victims’ addresses and photos of their homes to better personalize sextortion phishing attacks and increase the pressure to pay.
• Extortion demands are increasing from hundreds to thousands of dollars, and criminals are making it easier for victims to pay with quick response (QR) codes.

More than 70% of security breaches in the last decade have listed identity as the primary source of entry. It's something companies must get right. CyberArk VP Khizar Sultan says its solutions can identify and protect high-risk users, those whose job puts them in contact with valuable data and finances.

GUEST RESEARCH:  Analyses impacts on stock price and corporate earnings

GUEST OPINION:  Prepaid cards are convenient and safe alternatives to carrying cash or writing checks. They are easy to use, and provide users with a more secure way of making payments. Prepaid cards also help users better manage their money, as they can set spending limits and keep track of their spending.

The Australian Information Commissioner has filed civil penalty proceedings in the Federal Court against Medibank Private Limited in relation to its October 2022 data breach.

Entertainment giant Live Nation revealed last week it was the victim of a cyber attack that compromised user data. An analyst report - since removed - alleged the breach occurred through the data cloud platform Snowflake, an allegation Snowflake stringently denies.

Ticketing giant Ticketmaster has confirmed it was part of a data breach, potentially affecting hundreds of millions of customers around the world.

Despite a Federal Court decision that it cannot keep a report by Deloitte into a 2022 cyberattack secret, Singtel Optus appears to be unwilling to commit to publicly releasing the same.

Australia's governing football body Football Australia has reportedly inadvertently leaked secret AWS keys that potentially gave access to 127 buckets of data, including player contracts, ticket buyer's information, and more.

GUEST OPINION by Andrew Kay, APJ Director of Systems Engineering at Illumio: Overall, the new Mandatory Notification of Data Breach scheme (MNDB) coming into effect on 28 November is good news for Australian residents.

GUEST OPINION by Andrew Kay, APJ Director of Systems Engineering at Illumio: Overall, the new Mandatory Notification of Data Breach scheme (MNDB) coming into effect on 28 November is good news for Australian residents.

The Freecycle Network, a group of organisations that allows its members to offer re-usable goods to others free, has been hit by a data breach, according to a statement.

Telco Singtel Optus will not release a report into the data breach it suffered last year, which it commissioned professional services firm Deloitte to carry out, the company has confirmed.

COMPANY NEWS: Examines the cost of high-profile data breaches impacting stock price, earnings

GUEST CASE STUDY: Shared workstation environments are common across many industries –from point-of-sale (POS) terminals in retail and grab-and-go devices for healthcare workers to call center kiosks and shared computers on manufacturing shop floors.

GUEST OPINION: Faced with a constantly evolving cyber threat landscape, Australia’s public-sector organisations must take steps to improve visibility of their IT infrastructures.

Telecommunications provider Singtel Optus has been hit with a class action, with the law firm Slater and Gordon saying it had been filed on behalf of people affected by last year's data breach.

Financial services provider Latitude Financial says driver licence details of 7.9 million Australian and New Zealand customers were stolen during the breach which it first reported on 16 March.

Financial services provider Latitude Financial says the personal information of about 330,000 customers and applicants was stolen during a data breach which it made public on 16 March.