FBI stats: email fraud still #1 cybercrime

Posted by Emmanuel Marshall on 23 May 2018 12:29:31 AEST


The latest
report released by the FBI’s internet crime division - IC3 - reveals that email-based social engineering attacks were the most commonly reported cybercrime category in 2017.

IC3 received 300,000 complaints in 2017, representing estimated losses of more than US$1.4 billion.

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Cyber-ranges: hands-on cybersecurity training to make companies safer

Posted by Craig McDonald on 16 May 2018 13:31:45 AEST


Have you come across the concept of
cyber-ranges before? 

Cyber-ranges have arisen from the growing need to educate people about the way cybercrime works. The name of this new type of training serviceis derived from shooting ranges - safe places where people go to fire guns at targets - because a cyber-range is a safe environment for practising cybercrime defence.

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Beyond crypto: Blockchain as a collaboration platform

Posted by Craig McDonald on 11 May 2018 12:40:09 AEST


The public image of Blockchain technology - especially cryptocurrency, it’s most visible application to date - is controversial, at best.

The example of a Blockchain system that most people are aware of is Bitcoin, and the history of that now famous cryptocurrency has been marred by high profile thefts that have tainted the public image of Blockchain in general.

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AI vs AI: the new cybersecurity challenge

Posted by Emmanuel Marshall on 09 May 2018 10:26:24 AEST


"The imperative to do AI research is now not optional. We have to build better and better AI security systems because you can bet your life the criminal elements of the hacking world are busy developing AI weapons to attack us..." 
- Bill Rue.

Artificial Intelligence is one of those subjects that is constantly in the headlines at the moment; controversial, endlessly debated and widely misunderstood.

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Cybercriminals vs The World: together we can beat them

Posted by Craig McDonald on 02 May 2018 10:05:37 AEST


Why do the people working on the frontlines of cybersecurity feel that
collaboration is so important right now?

I think the answer lies in the staggering statistics on cybercrime growth that are appearing in every corporate survey released recently and stories like the Facebook and Equifax data breaches that are constantly in the headlines as well.

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Rubella Macro Builder: cheap DIY malware kits putting your business at risk

Posted by Emmanuel Marshall on 01 May 2018 12:42:39 AEST


What do crooks need to get into the cybercrime racket?

It’s a lot less complicated than you think these days. Wannabe online crims can just sign up for a $50 / month subscription to an online service like ‘Rubella Macro Builder’ and start churning out malware scams at the rate of dozens a week like they’re sending out Facebook memes.

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GDPR: What is it? Is your business affected?

Posted by Emmanuel Marshall on 20 April 2018 10:03:31 AEST

“Cybersecurity risks are growing, both in their prevalence and in their disruptive potential. Attacks against businesses have almost doubled in five years, and incidents that would once have been considered extraordinary are becoming more and more commonplace.”

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Notifiable Data Breach (NDB) Report: worrying data breach stat’s

Posted by Emmanuel Marshall on 18 April 2018 10:15:09 AEST


On average, 2 Australian companies are being hit by data breach incidents every day, says the
first report produced by the newly enacted Notifiable Data Breach (NDB) Scheme.

Of those incidents, nearly half were the result of criminal attacks and the majority were directed at professional services companies in the health, finance and legal sectors.

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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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AVCrypt: new ransomware targeting antivirus software

Posted by Emmanuel Marshall on 27 March 2018 14:37:27 AEDT


A computer virus that seeks out and destroys antivirus software; that’s AVCrypt, a new ransomware variant
discovered on Friday.

The AVCrypt malware is designed to locate and delete PC antivirus software Windows Defender and Malwarebytes and then install ransomware onto an infected computer. By eliminating the computer’s antivirus programs before beginning the ransomware attack, AVCrypt effectively removes the local security protection that most PCs rely on to prevent such attacks, making this a very dangerous new malware strain.

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GlobalGuard: cybersecurity built on Blockchain

Posted by Craig McDonald on 15 March 2018 10:42:41 AEDT


The biggest challenge in cybersecurity is keeping up with the new attacks that criminals are always coming up with. They’re always looking for new tools and strategies to defraud companies, so we have to be forward-looking in our approach to defence as well.

MailGuard has built its success on being able to respond to new threats ahead of the market and it’s always been our mission to devise better strategies to combat cyber-attacks in real time.

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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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The NDB Scheme: Australia's new cybersecurity rules

Posted by Emmanuel Marshall on 07 March 2018 16:43:40 AEDT


In today’s global online marketplace, businesses can find customers, manage workforces and accept payments more easily than ever before and that’s great news, as long as everything works smoothly. 

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