Displaying items by tag: cybercriminals

COMPANY NEWS: In 2024 and continuing into 2025, social media platforms were prime targets for cybercriminals, with content creators facing the brunt of the malicious attacks, including a surge in account takeovers, malicious live streams, and sophisticated phishing campaigns.

Morphing Meerkat spoofs over 100 brands and steals credentials

Six preparedness and performance indicators to unlock cyber agility

By John Penn, Security Propositions Architect at BT:  The rapidly evolving cyber-risk landscape sees a cyber attack every six minutes in Australia, with a new wave of threats enabled by AI.1

GUEST RESEARCH:  When new technologies such as generative artificial intelligence (GenAI) emerge, cybercriminals inevitably look for ways to exploit its capabilities for malicious purposes. While most mainstream GenAI models have built-in safeguards to prevent misuse, Tenable Research has found that DeepSeek R1 can be tricked into generating malware, raising concerns about the security risks posed by AI-powered cybercrime.

GUEST OPINION:  Attacks on software supply chains are becoming an increasing concern for security teams around the world. These attacks can cause significant disruption or financial losses for those targeted.

"While some outlets are calling this a ‘hack’…. —it’s an attack. It underscores how disruptions to availability can be just as damaging as breaches of confidentiality or integrity. Taking platforms offline can be just as damaging as stealing information. But beyond the attack itself, what’s interesting is the chaos of attribution and how multiple threat actors may be involved or simply capitalizing on the moment.

COMPANY NEWS:  Check Point unveils AI-powered security advancements and earns #1 ranking in Miercom’s security benchmark

There’s been a surge in online threats to close out a record-breaking 2024, with 2.55 billion cyberthreats blocked in October to December – equalling 321 threats every second, according to consumer cyber safety company Gen.

Since its discovery in May 2024 by the Sysdig Threat Research Team (TRT), LLMjacking has emerged as a significant security concern, impacting organizations that rely on large language models (LLMs). The latest target is DeepSeek, a rapidly growing AI model that was exploited by cybercriminals within days of its release.

GUEST OPINION:  As e-commerce continues its meteoric rise, it is also becoming a prime target for increasingly sophisticated cybercriminals.

Australians navigating the online dating world are falling victim to scams, with victims' financial losses averaging $11,914, according to a new report from consumer cyber safety company Norton.

GUEST OPINION: The cybersecurity landscape is poised for transformative shifts in 2025 driven by technological innovation and evolving threats. As cybercriminals become more sophisticated, organisations must stay ahead by proactively adopting strategies that prioritise identity security and business resiliency.

Cybersecurity platform KnowBe4 has released its Q3 2024 Phishing Report findings revealing that HR and IT-related phishing emails claim a significant 48.6% share of top-clicked phishing types globally.

GUEST OPINION:  The financial services sector, a perennial target for cybercriminals, faces an increasingly complex threat landscape. As technology advances and digital transformation accelerates, so too do the opportunities for malicious actors to exploit vulnerabilities.

Hijacking domains using a ‘Sitting Ducks attack’ remain an under-recognised topic in the cybersecurity community, according to Infoblox which says that few threat researchers are familiar with this attack vector and knowledge is scarce - however, the prevalence of these attacks and the risk to organisations are significant.

COMPANY NEWS: As 2025 approaches, Tenable, the exposure management company, is highlighting the critical need for organisations to prioritise data security in the cloud amid the rapid rise of AI adoption. In the coming year, companies will face mounting pressure to secure AI initiatives at scale while safeguarding a growing range of data assets from cyber threats. Here are Tenable's key predictions for the future of cloud security:

Cybersecurity company Bitdefender has released a new report unmasking a ‘malvertising’ campaign targeting Australian Meta business accounts and personal accounts of primarily 45+ males.

COMPANY NEWS: Bitdefender has revealed that 20% of the world’s solar panel output – enough to power the US – has been vulnerable to cybercriminals.

GUEST OPINION: This week’s inquiry into the use of Deep Fakes in Australian schools, combined with the increasing use of Deep Fakes by political figures both in Australia and abroad, are worrisome developments. It signals we are in a rapidly evolving arms race to research and develop effective and reliable deep fake detection tools.

GUEST OPINION by Anthony Stitt, Nozomi: Cyber and threat intel company Nozomi Networks says sanctions imposed on a Russian individual responsible for the Medibank hack represent a “welcome focus” away from victim blaming in the event of a cyber attack.