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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Strengthening its global presence and offering comprehensive cyber services Ankura Consulting, a renowned global expert services and advisory firm, has announced a significant expansion of its Cybersecurity and Data & Technology capabilities in the Asia-Pacific (APAC) region. The firm has welcomed highly respected cyber leader Rob Phillips and his team,…
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Lucrative markets for stolen data and digital identities Bitdefender, a leading security firm, has unveiled a comprehensive report shedding light on the operations of Dark Web marketplaces, exposing the disturbing reality of stolen data and the thriving business of cyber criminals. The report not only delves into the types of…
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Intruders also targeted servers with known vulnerabilities to obtain passwords Leading cloud-enabled security solutions provider, Barracuda, has released its latest Threat Spotlight report, revealing that cybercriminals continue to exploit businesses by relying on tried and tested tactics and long-standing security weaknesses. The report, based on three months’ worth of detection…
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Following the recent major cyber incidents The Australian Prudential and Regulation Authority (APRA) has announced that it will be acting against Medibank Private following a review of a major cyber incident that occurred in October 2022. The action comes after APRA examined the incident and identified weaknesses in Medibank’s information…
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Andrew Scott and David Carroll join to strengthen cyber defence efforts The Cybersecurity and Infrastructure Security Agency (CISA) continues its commitment to protecting the federal civilian government, State, Local, Tribal, and Territorial (SLTT) partners, and critical infrastructure from evolving cyber threats. Whether originating from the People’s Republic of China (PRC)…
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Air Marshal Goldie will bring a wealth of experience and expertise to the position Air Marshal Darren Goldie AM CSC, a distinguished veteran with a 30-year career in the Royal Australian Air Force (RAAF), has been selected as the first National Cyber Security Coordinator of Australia. His appointment comes as…
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Reveals escalating cybersecurity threats in Q1 2023 The Trellix Advanced Research Center has released its highly anticipated report on cybersecurity threats in the first quarter of 2023, highlighting the alarming rise of offensive cyber capabilities employed by nation-states for espionage and disruption. The findings underscore the urgent need for public…
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In an effort to harness artificial intelligence in finance The Monetary Authority of Singapore (MAS) has unveiled the 8th edition of the Global FinTech Hackcelerator, focusing on the theme “Artificial Intelligence (AI) in Finance Global Challenge.” The competition aims to unlock innovative AI solutions that can revolutionize the financial services…
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