Lookout Threat Lab discovers predatory loan apps

Mobile apps have made managing lives a lot easier Lookout, Inc., the endpoint to cloud security company, today announced the discovery of nearly 300 loan apps that exhibit predatory behaviour such as exfiltrating excessive user data from mobile devices and harassing borrowers for repayment. These apps, which were found in…

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EnergyAustralia implements 12-character passwords

This is due to the recent cyber incident EnergyAustralia today announced it has commenced implementing 12-character passwords on its My Account online customer platform following a recent cyber incident that resulted in unauthorised access to 323 customer accounts. All customers logging into My Account are now required to reset their…

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Medibank cyber incident and trading update

Medibank has deployed additional security measures across its network The Medibank Group today confirmed that ongoing investigations continue to show there remains no evidence customer data has been removed from its IT environment, after it detected unusual activity last week in part of its IT network. Normal operations have resumed,…

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Optus commissions independent external review

Following the recent cyberattack on Optus and its customers Optus is appointing international professional services firm Deloitte to conduct an independent external review of the recent cyberattack, and its security systems, controls, and processes. The review was recommended by Optus Chief Executive Officer, Kelly Bayer Rosmarin, and was supported unanimously by the…

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Credential leaks remain a valid threat to organizations

Managed detection and response insights Bitdefender has released its threat debrief for July 2022 and there are a few findings there were of great interest. Whether it’s a new breach or a recycled list, credential leaks remain a valid threat to organizations. Credentials, which are user emails and corresponding passwords…

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Cyberthreats impacting Australian and New Zealand businesses

Businesses increasingly need to be able to adapt to the changing nature of cyberattacks Businesses across Australia and New Zealand (ANZ) continue to be targeted by cybercriminals as technology advances and attacks become increasingly sophisticated. Australia saw one cybercrime report every eight minutes in 2020-21, equating to a 13 per…

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Growth in cyber attacks boosts global demand for endpoint security

Rise in the volume of cyber threats is contributing to endpoint security needs. The changing landscape and significant surge in cyber threats have contributed to the high demand for endpoint security solutions globally, finds Frost & Sullivan’s recent analysis. Endpoint security is the practice of using host-based software products to…

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VMware security opportunity

Designing malware customised for manufacturing infrastructure. “Industrial Control Systems and the manufacturing sector are at the epicentre of a cyber insurgency. Dealing with the disruptions of labour shortages, manufacturers have implemented automation technologies and artificial intelligence to help bring more agility. But while the industrial Internet of Things (IIoT) brings…

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Multiple vulnerabilities present in F5 products

F5 released a security advisory relating to multiple Critical and High rated CVE’s. Update Multiple Critical and High-risk vulnerabilities exist in certain versions of F5 products. As of 10 May 2022, the ACSC is aware of malicious cyber actors actively exploiting vulnerable versions of F5 products in Australia and globally.…

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