APAC organisations willing to pay ransomware attackers

Ransomware continue to top the list of cyberattacks. Almost half (44 per cent) of APAC (excluding Japan) respondents who participated in the IDC Security Services Global Incident Readiness Survey indicated the willingness to pay the ransom in hopes of retrieving affected files, either internally or through insurance payout. While the…

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Kaseya offers patch for security flaw that led to ransomware

Mitigates ongoing risk to organisations of compromise through this activity. The Australian Cyber Security Centre (ACSC) has issued a “high alert” to organisations to patch their Kaseya VSA platform, which has just become available. In early July 2021, the Cybersecurity Infrastructure Security Agency (CISA) of the United States and the…

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Victims penetrated by phishing had conducted anti-phishing training

Failure of traditional defences in preventing attacks Traditional ransomware defences are failing, with 54 per cent of all victims having anti-phishing training and 49 per cent having perimeter defences in place at the time of attack, according to a recently released report by Cloudian. Citing this and other findings from…

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Australia is fighting back against ransomware

Ransomware campaigns impact multiple sectors across the economy. Australians continue to be targeted by cybercriminals through ransomware campaigns impacting multiple sectors across our economy. Assistant Minister for Defence, the Hon Andrew Hastie MP, said the Government is tackling cybercriminals head-on to support Australian organisations and individuals from cyber compromise. “In…

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Axa’s Asia Assistance hit by cyber attack

Attack occurs a week after insurance company announced it will no longer underwrite cyber-insurance policies covering ransomware. Insurance giant Axa has confirmed that one of its businesses in Asia was hit by a ransomware attack and will be investigating “some data processed in Thailand was accessed”. According to Reuters Axa…

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HCL Roundtable: Emerging AppSec Trends in 2021 and Beyond

Sponsored content: Thursday, 15th April 2021, Australia In an era where data is more valuable than gold, cyberattacks in its multiple manifestations have dominated global headlines with account hijacking and injection attacks. Be it credential theft, brute force attacks, social engineering thefts or access control misconfiguration, the sophistication and damages…

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Cybersecurity control failures topped executive concerns in early 2021

Globally cyber policies require a revamp to be more in line with the new work environment. Cybersecurity control failures was listed as the top emerging risk in the first quarter of 2021 in a global poll of senior executives across function and geography, according to Gartner’s Emerging Risks Monitor Report.…

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Deloitte Roundtable: Extinction level events: how ransomware has changed disaster preparedness

Sponsored content: Thursday, 12th November 2020, Asia Pacific If you were to ask any cybersecurity professional about the most alarming malware trends today, chances are ‘ransomware’ would be one of the first things they would be keen to talk about. This type of malware can aptly be described less as…

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Trickbot operators will no longer be able to initiate new infections

Modular banking trojan disrupted through court order. Microsoft has taken action to disrupt the Trickbot botnet, an infamous botnets and prolific distributors of malware and ransomware. Trickbot was disrupted through a court order Microsoft obtained as well as technical action executed in partnership with an international group of industry and…

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