ACSC sends out warning The Australian Cyber Security Centre (ASCS) has observed a growing trend affecting construction companies and their customers. In the past six months there has been an increase in cybercriminals targeting builders and construction companies to conduct business email compromise (BEC) scams within Australia. In a BEC scam, cybercriminals…
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NSW DCJ signs A$7M cybersecurity deal
Conduct in-depth threat hunts to continuously validate the secure nature of the environment. The NSW Department of Communities and Justice (DCJ) has signed deal to tightly integrated solution delivering a fully managed Security Monitoring Service, (Security Operations Centre (SOC) and Managed Security Information and Event Management (SIEM)) that offers real-time…
Read MoreCybersecurity Malaysia and TM work to strengthen national cyber resilience
Leveraging each other’s expertise, technical capabilities and global best practices. CyberSecurity Malaysia, the national cybersecurity specialist agency under the Ministry of Communications and Multimedia Malaysia (KKMM), will work with Telekom Malaysia Berhard ™ to empower and strengthen the level of cybersecurity in Malaysia. The initiative between both parties includes the…
Read MoreSingapore cyber security landscape
The past 12 months was dominated by ransomware, online scams, and COVID-19-related phishing activities The Cyber Security Agency of Singapore (CSA) released its Singapore Cyber Landscape (SCL) 2020 publication today, revealing an increase in cyber threats such as ransomware and online scams in 2020. CSA’s SingCERT (Singapore Computer Emergency Response…
Read MoreNSW Department of Education hit by cyberattack
Australian State education department deactivates a number of internal systems. Just days before students are to return to online school learning, the New South Wales (NSW) Department of Education has been a victim of a cyber-security attack. The State is currently under COVID-19 lockdown due to resurgence in transmissions. Students…
Read MorePandemic accelerates fraud for APAC corporations
The move to digital and online transactions has increased the risk for fraud. The cost of fraud for retail, ecommerce and financial institutions is high. According to the LexisNexis Fraud Multiplier – the total amount of loss a firm occurs based on the US dollar value of a fraudulent transaction…
Read MoreKaseya faces cyber security attack
Customers include Indonesian Government. The Cybersecurity Infrastructure Security Agency (CISA) of the United States and the Federal Bureau of Investigation (FBI) have stated both agencies have responded to the recent supply-chain ransomware attack leveraging a vulnerability in Kaseya VSA software against multiple managed service providers (MSPs) and their customers. The…
Read MoreThe pandemic offered IT teams a unique opportunity
Increased attacks helped to build their cybersecurity expertise. The vast majority of IT teams that faced a rise in cyberattacks (82per cent) and a heavier security workload (84per cent) over the course of 2020 strengthened their security skills and knowledge. Despite the challenges created by the pandemic, 52per cent of…
Read MoreCyber-related information sharing is increasing
Response to national- and industry-level calls to action required. A complex relationship between the reported level of confidence organisations have in their cybersecurity posture and their ongoing attack volume and impact. Despite rising confidence, incidents are increasing, too, reports IronNet in its commissioned independent research firm Sapio to survey 473…
Read MoreRapid rise of digital signatures
Asia-Pacific is projected to witness the fastest growth in the global certificate authority market. Due to the burgeoning requirement for smooth digital transaction management and user authentication, the demand for digital signatures is rising rapidly. The increasing acceptance of online transactions and payment procedures, and surging digitization rate are driving…
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