Top 25 global banks experience a 3.8 per cent increase indicating market recovery The aggregate market capitalization (MCap) of the top 25 global banks has witnessed a growth of 3.8 per cent to reach $US3.3 trillion during the second quarter (Q2) ended on 30 June 2023, according to GlobalData, a…
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Lack of transparency and consumer awareness prompts ACCC’s investigation The Australian Competition and Consumer Commission (ACCC) has opened a call for submissions from consumers, businesses, and interested stakeholders regarding data broker services in Australia. This initiative is part of the ACCC’s ongoing five-year digital platform services inquiry, which aims to…
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Addressing increasing cyber threats in Australian financial services In the face of rising cybercrime rates and increasingly sophisticated criminal attacks, some of the world’s largest brands, including those in Australia, have fallen victim to major data breaches in recent years. Recognizing the need to strengthen cyber resilience in the financial…
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Threat actor exploits vulnerability to deliver backdoor, highlighting cybersecurity risks Microsoft has recently uncovered a sophisticated phishing campaign conducted by a threat actor known as Storm-0978, which specifically targeted defence and government entities in Europe and North America. The campaign involved the exploitation of a remote code execution vulnerability (CVE-2023-36884)…
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