Cybersecurity - don’t learn about it the hard way

Posted by Craig McDonald on 18 April 2018 11:22:48 AEST


It’s my mission, both as an entrepreneur and a communicator, to help businesses protect themselves from cybercrime.

The cost to companies from cyber-attacks is growing at an alarming rate at the moment. Part of that problem is that there are still senior decision-makers in companies who don’t understand the devastating impact cybercrime can have on a business.

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Barclays brandjacked: email scam imitates bank

Posted by Emmanuel Marshall on 13 April 2018 14:23:19 AEST


As brandjacking scams go, there’s one category of trademark that is especially powerful for scammers to use: banks.

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Could AI produce the ultimate criminal mind?

Posted by Emmanuel Marshall on 12 April 2018 13:19:00 AEST


Will future artificial intelligence be a cybersecurity risk?

That’s the provocative question posed by a new report from Cambridge University’s Centre for the Study of Existential Risk (CSER).  

Several think tanks including OpenAI, and the Electronic Frontier Foundation collaborated with CSER to publish the report warning that AI is set to redefine cybersecurity threats.

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Gaming the system - criminals move $ in online games

Posted by Emmanuel Marshall on 05 April 2018 11:17:58 AEST


If you’re an international criminal selling guns, trafficking dope or running
email scams, one of the big problems you’re going to encounter on a regular basis is how to move your money around. A few years ago Bitcoin was the cybercriminal’s favourite means of shifting funds but governments have started to monitor and regulate cryptocurrency now, so it’s not as easy as it used to be. But crooks can always be counted on to find creative ways of moving their money around and the latest racket they’ve come up with involves online computer games.

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Blockchain - the new DNA of cybersecurity?

Posted by Craig McDonald on 04 April 2018 15:01:16 AEST


A lot of people have heard the term “Blockchain” by now and know that it has something to do with Bitcoin and cryptocurrency but Blockchain is more than just crypto, it’s a versatile technology, the applications of which we are only starting to explore.

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'Free cryptocurrency' scams: Twitter users beware

Posted by Craig McDonald on 20 March 2018 10:24:05 AEDT


The persistent rise of cryptocurrency is changing the internet in a variety of ways, and although it’s relatively early days there's already been some high profile cryptocurrency fraud incidents. As soon as a new technology hits the www, scammers move in to grab what they can, and crypto is no different.

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Small business - lifeblood of economies - is a cybercrime target

Posted by Craig McDonald on 13 March 2018 15:53:58 AEDT


There’s a widely held misconception that cybercrime only affects big companies but actually, hackers go after smaller operations as well.

Cybercrime is a complex problem. One of the reasons cybersecurity requires a sophisticated, multi-layered approach is that hackers attack in a lot of different ways. A cyber-attack can be as simple as a single fraudulent wire transfer, or as complex as a virus infecting thousands of networked computers.

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Major Telcos Brandjacked in malware email scam

Posted by Emmanuel Marshall on 08 March 2018 11:44:00 AEDT


Major Australian telcos Vodafone, Telstra and Bigpond are having their brands exploited in a new email scam detected by MailGuard today.

This innocent looking message (see screenshot above) appears to be delivering a ‘wire transfer receipt’ as a .pdf attachment, but the attached document contains malicious code that is activated if the file is opened.

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Super-scammer who stole millions arrested in Europol case

Posted by Emmanuel Marshall on 08 March 2018 11:15:21 AEDT


A Ukrainian man, Gennadiy Kapkanov, is currently being held by Ukraine police, accused of internet scamming on a colossal scale. 

Kapkanov stands accused of masterminding the ‘Avalanche’ cybercrime syndicate. Europol reports indicate that at its height, Avalanche racked up cyber-attacks valued at hundreds of millions of dollars in the US and Europe.

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CEO fraud attacks up 2,370% since 2015

Posted by Emmanuel Marshall on 01 March 2018 16:30:55 AEDT


Friday afternoon at a typical office in Sydney, Australia. Most of the staff have left to start their weekends when a junior accountant sees an email appear in her inbox. She hesitates for a moment but then she notices that it’s from the company’s CEO.

‘Are you still in the office?’ the message reads. ‘Sorry to keep you back on a Friday night, but this is urgent: I need you to make a wire transfer for me immediately in the amount of $45,000 to my broker in London.

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Caution: fake 'Xero' invoice notification scam

Posted by Emmanuel Marshall on 26 February 2018 12:43:36 AEDT


MailGuard has detected a new email scam using fake ‘Xero’ domains in the sender addresses.

This message, shown in the screenshot above, is designed to look like an invoice notification from ‘The Advocates Property Advisory.’
The message contains a ‘view invoice’ link which if clicked, directs the scam victim to download an MS Word .doc file containing hidden malware.

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Brandjacking: scammers use familiar trademarks to make you click

Posted by Emmanuel Marshall on 23 February 2018 14:39:01 AEDT


Yesterday the
Cyber Security Weekly Podcast interviewed MailGuard’s Chief Technical Officer, Bill Rue, about the growing problem of brandjacking email scams.

In this interview, Bill talks about the ways to recognise these scam messages and the serious threat they can pose to businesses as well as individual victims.

Please click on the player link below to listen to the interview:

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Xero branding imitated in breaking email scam

Posted by Emmanuel Marshall on 19 February 2018 12:42:06 AEDT


A new zero-day email scam imitating Xero branding has been detected by MailGuard.

This email is supposed to look like a Xero invoice notification. The text advises the recipient that their credit card will be debited, and offers a link to view their bill.

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Fake Westpac email links to phishing site

Posted by Emmanuel Marshall on 12 February 2018 13:20:37 AEDT


There’s a new email scam going around today with fake Westpac Bank branding.

This message links to a phishing page designed to harvest people’s bank login details and personal information.

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Your antivirus software doesn’t stop email scams

Posted by Emmanuel Marshall on 08 February 2018 10:31:07 AEDT


“I have antivirus software installed but I’m still getting scam emails!”

Does that sound familiar?

Spam, phishing, criminal intent emails... inboxes are still the most useful tool for cybercriminals to steal sensitive data and access computer networks. Most companies use antivirus software of some sort but antivirus doesn’t stop new threats or advanced malicious-email attacks.

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