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Cybercrime stories - Page 10

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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Silent Eight raises $40m in Series B round to aid development strategy
Fri, 11th Mar 2022
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fintech
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cybersecurity
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cloud services
Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.
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Why cyber risk management should be top priority in 2022
Thu, 10th Mar 2022
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data analytics
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martech
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planning
Has your leadership team spent much of the past two years in firefighting mode, responding to the issues that COVID-19 has created? Join the club.
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The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fri, 4th Mar 2022
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fintech
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martech
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commerce systems
Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.
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AURA launch first Crime Trend Report, aims to gain insight in South Africa
Tue, 8th Feb 2022
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ai
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cybersecurity
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cloud services
On-demand emergency services marketplace AURA has launched a report into South Africa’s high crime rate and what can be done to lower it.
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Cybercriminals laundered $8.6 billion worth of cryptocurrency in 2021 - report
Fri, 28th Jan 2022
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malware
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ransomware
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data analytics
Chainalysis is releasing its latest money laundering report analysing money laundering activity from the previous year.
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Why cyber crime will continue to flourish in 2022
Tue, 11th Jan 2022
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ddos
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devops
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multi-cloud
Cybercrime flourished in 2021, and there are no signs that it will slow down in 2022. There are several factors behind this high-confidence prediction.
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Experts place the human factor at the centre of cybersecurity strategies
Tue, 11th Jan 2022
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data analytics
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martech
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planning
Human factor key to Australian companies' cybersecurity strategies, says panel of experts. Cyber-attacks occur every 8 minutes in the country.
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6 significant changes to online fraud we saw in 2021
Tue, 4th Jan 2022
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saas
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malware
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ransomware
SEON Fraud Prevention co-founders discuss the top trends that changed fraud in 2021, including the rise of Ransomware as a Service and easier online fraud.
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The British Council falls victim to two successful ransomware attacks
Mon, 27th Dec 2021
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malware
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ransomware
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zero trust security
The British Council has admitted to falling victim to two successful ransomware attacks, resulting in 12 days of downtime over five years.
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Cybercriminals adopt con-artist tactics to trick unsuspecting Kiwis
Fri, 24th Dec 2021
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email security
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cybersecurity
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scams
Cybercriminals in New Zealand are blending cyberattacks with old-school con tactics, posing as bank fraud teams and duping Kiwis into revealing personal data.
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Online credit card fraud on the rise leading up to holiday season
Thu, 16th Dec 2021
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cybersecurity
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credit card fraud
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online fraud
Credit card fraud has seen a significant increase in Australia, particularly online, according to analysis from AusPayNet.
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An exclusive look at the NZ NCSC cyber crime report
Mon, 13th Dec 2021
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supply chain & logistics
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risk & compliance
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data privacy
New Zealand's National Cyber Security Centre has released its Cyber Threat Report for 2020/2021, detailing major cyber incidents and trends.
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New book reveals massive flaws in Australian cybersecurity management
Mon, 6th Dec 2021
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hyperscale
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public cloud
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cybersecurity
Cybercrime has been estimated to cost the Australian economy AUD$42 billion, according to a new book released by a UNSW cybersecurity expert.
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Australian FIs are seeking more robust crime management solutions, report finds
Wed, 24th Nov 2021
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cybersecurity
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it management
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financial institutions
Nearly all Australian financial institutions (FIs) plan to replace in-house financial crime management solutions within three years, says IDC.
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Massive increase in cyber threats since global pandemic - report
Fri, 12th Nov 2021
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advanced persistent threat protection
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casb
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breach prevention
Increase in cyber threats during the pandemic puts organisations at risk as holiday season approaches, warns report.
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Year of ransomware continues with unprecedented surge
Fri, 29th Oct 2021
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malware
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ransomware
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cybersecurity
SonicWall records a 148% increase in global ransomware attacks, with 495 million attacks logged so far in 2021. The UK saw a 233% surge in attacks.
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Stolen data spreading even faster on the dark web - report
Mon, 25th Oct 2021
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breach prevention
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cybersecurity
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data breach
Increased volume of data breaches and more avenues for cybercriminals to monetise data has led to increased activity surrounding stolen data on the dark web.
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Remote working causes significant cybersecurity risks for SMEs
Thu, 7th Oct 2021
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malware
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ransomware
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hybrid & remote work
Remote working is increasing cybersecurity risks for SMEs, leaving infrastructure unmonitored & business data vulnerable, says ServerChoice research.
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Cybercrime more common among Millennials and Gen Z - report
Tue, 5th Oct 2021
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malware
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ransomware
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cybersecurity
The National Cybersecurity Alliance and CybSafe have announced the release of the Oh Behave! The Annual Cybersecurity Attitudes and Behaviours Report 2021.
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New cyber-criminal group discovered targeting government servers, fuel, energy and aviation companies
Fri, 1st Oct 2021
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datacentre infrastructure
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cybersecurity
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cybercrime
Researchers have identified a new, previously unknown group that has systematically attacked Russia's fuel and energy complex and its aviation industry.