Financial industry has become a key target. COVID-19 has become a panacea for cybercriminals, with 53 per cent of Incident Response (IR) professionals reporting an increase in cyberattacks exploiting COVID-19, according to VMware Carbon Black’s latest Global Incident Response Threat Report. China are behind most attacks, and the financial industry…
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Few countries have dedicated local bodies for sanctions enforcement. During COVID-19, the speed and frequency of change in economic and trade sanctions regimes from major international regulators has increased the complexity associated with financial crime and trade compliance, at a time when APAC organisational resources may already be stretched thin,…
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Open-source tool to combat reverse engineering malware. BlackBerry Limited has made available a free open-source tool for cyber security professionals, called PE Tree that significantly reduces the time and effort required to reverse engineer malware. Reverse engineering of malware is an extremely time- and labour-intensive process, which can involve hours…
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Strict requirements for compliance and reporting requires technology. The Victoria State Government Department of Jobs, Precincts and Regions (DJPR) has worked for the past 10 months with Salesforce to transform the grants experience and streamline administration. The administration of this grants’ portfolio has a huge undertaking with more than 10,000…
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Telco walks back claims of DoS attack, when its network went down on the weekend. Australian telecommunications provider, Telstra has walked back claims a severe outage on Sunday was due to a Denial of Service (DoS). In a Twitter message, the telco wrote: “The massive messaging storm that presented as…
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ACCC issues warning over rise in fake Australian Government impersonation. Australians are being urged to watch out for government impersonation scams with over AU$1.26 million lost from more than 7100 reports made to Scamwatch so far this year and in reality, losses are likely to be far greater. There has…
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Ramping up an accelerated Cyber Resilience Program, after attack in May. Transportation and logistics company, Toll is looking to recruit a global head of IT security operations. The recruitment is one of the first steps the company is taking to accelerate cyber security at the company, following an attack in…
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Tremendous opportunity to support growth in the region. Cybersecurity vendor SentinelOne, has appointed Evan Davidson as its vice president, Asia Pacific/Japan. Davidson’s long-established success in driving international market growth supports SentinelOne’s vision of global expansion for the cybersecurity company. Mark Parrinello SVP worldwide sales at SentinelOne said, the “AP/J theatre”…
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No indication of the affect on customer data. Technology company Garmin was the victim of a cyber-attack that encrypted some of its systems on July 23, 2020. As a result, many of its online services were interrupted including website functions, customer support, customer facing applications, and company communications. “We immediately…
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New guidance designed to boost the country’s cyber security resilience. The Australian Cyber Security Centre (ACSC) and the Digital Transformation Agency (DTA) have released new Cloud Security Guidance to support the secure adoption of cloud services across government and industry. This follows the closure of the Cloud Services Certification Program…
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