Ukraine war has complicated the way cybercriminals launder funds

However, they are adapting. It’s becoming clear that Russia’s invasion of Ukraine has complicated the means through which cybercriminals launder funds, but they are adapting. I thought you might be interested in comment from risk intelligence firm Flashpoint, based on discussions analysts have observed in recent months. Sanctions introduced against Russia, coupled with…

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APEC and North American countries establish cross-border privacy rules

Enabling trusted and secure data flows. Singapore has welcomed the establishment of the Global Cross-Border Privacy Rules (CPBR) Forum and the invitation to join as a founding member. Canada, Japan, the Republic of Korea, the Philippines, Singapore, Chinese Taipei, and the United States of America, are current economies participating in…

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Asia/Pacific CEOs are now engaged in cybersecurity interactions

There are many infrastructural issues across people and processes. 69 per cent of CEOs are now engaged in cybersecurity interactions either weekly (37.2) or bi-weekly (31.5 per cent), supporting the ongoing importance of cybersecurity to the business. However, complexity, legacy, and ill-defined roles and responsibilities still hamper more effective approaches…

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CBA warns of cryptocurrency fake news scam

CBA has reported the scam to the relevant authorities. Commonwealth Bank has become aware of a fake news article circulating on social media, including Facebook, alleging the bank has partnered with a cryptocurrency trading platform to encourage people to invest in crypto assets. This is totally false and untrue. The…

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Top 10 Twitter influencers on cybersecurity

There is a noticeable spike in cyberattacks on businesses and government agencies. Despite the impressive growth of the global security industry, there is a noticeable spike in cyberattacks on businesses and government agencies in the recent past. Now the prevailing geopolitical tensions are further threatening to disrupt and undermine industries…

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Ukraine says it thwarted Russian cyberattack on electricity grid

The hackers had struck in two waves. Ukraine said on Tuesday it had thwarted an attempt by Russian hackers last week to damage its electricity grid with a cyberattack. “This is a military hacking team,” said government spokesman Victor Zhora. “Their aim was to disable a number of facilities, including…

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Coca-Cola Euro pacific partners Indonesia Taps 8×8 CPaaS

Deploys 8×8 SMS API to ensure mobile app security . Coca-Cola Europacific Partners or CCEP Indonesia, as one of the leading consumer goods companies in the world, operates eight manufacturing facilities in Indonesia, selling and distributing seven categories of non-alcoholic beverage brands to serve more than 450,000 large and small retail…

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Cities must invest in the right smart city initiatives

Cities need to prepare early for the challenges of the future. As a result of infrastructure headaches caused by the pandemic and increased urbanization, cities must invest in the right smart city initiatives to become resilient to these challenges, finds GlobalData. The leading data and analytics company notes that 5G,…

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Akamai Data reveals increase in cyber attacks

15 per cent increase in malicious botnet attacks in China during the Lunar New Year. Akamai Technologies, Inc., the world’s most trusted solution to power and protect digital experiences, released today new data detailing the prevalence of malicious botnet attacks during the holiday season in Asia. That data found a 15…

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Westpac makes online shopping safer

Merchants being blocked are exclusively registered overseas. In a move to stamp-out scam purchases and protect customers, Westpac has announced it has started automatically blocking suspect online transactions from overseas retailers deemed high-risk of being a scam. When customers make an online card payment and a scam is detected, the…

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