Criminals targeting mobiles to hack into business data

Posted by Emmanuel Marshall on 28 May 2018 13:15:31 AEST


BYOD -
Bring Your Own Device- is standard practice now in most industries. Every person working in an office has a web-enabled phone in their pocket that can receive email and that’s increasingly the in-point for phishing scams. 

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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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Cryptojacking scams: malware sent in email can hijack your devices

Posted by Emmanuel Marshall on 18 May 2018 11:02:30 AEST


Malware is one of the most common cybercrime attack methods because it’s so profitable for cybercriminals and it can be delivered via email or compromised websites.

Ransomware and spyware have long been the most common malware types but recently, with the surges in cryptocurrency value, a new malware pandemic is appearing: cryptojacking.

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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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SquirtDanger: new malware targets cryptocurrency wallets & passwords

Posted by Emmanuel Marshall on 24 April 2018 11:32:02 AEST


Making and selling malware like viruses, trojans and ransomware has grown into a
booming industry that now generates new cyber-threats on a daily basis.

The latest malware strain to hit the blogosphere headlines has been dubbed ‘SquirtDanger.’ It’s potent spyware that can covertly record passwords, take screenshots and even steal files from infected devices.

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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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Video: cybersecurity expert Alastair MacGibbon's advice for CEOs

Posted by Emmanuel Marshall on 10 April 2018 15:45:36 AEST


Cyber-attacks are a growing challenge for Australian companies and are now Australia’s number-one economic crime. MailGuard collaborates with PwC and Microsoft to bring together CEOs and cybersecurity experts in forums focussed on the rise of cybercrime and the challenge it presents for business.

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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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‘Collaborative approach’ needed, say cybersecurity experts

Posted by Emmanuel Marshall on 16 March 2018 11:46:28 AEDT


‘Alone we will fail,’ was the message from Alastair MacGibbon, Head of the Australian Cyber Security Centre and keynote speaker at
MailGuard’s2018 Cybersecurity Awareness Luncheon.

On Tuesday 6 March, MailGuard collaborated with PWC and Microsoft to bring together CEOs and cybersecurity experts in a forum focussed on the rise of cybercrime and the challenges it presents for business.

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Educating teams is a cybersecurity must-do

Posted by Emmanuel Marshall on 14 March 2018 15:50:12 AEDT


A well educated team is one of the most powerful security assets a company can have. A company can equip themselves with a suite of excellent security tools but they won’t be fully effective if the team members - from the boardroom to the shopfront - don’t understand their responsibility as individuals to support the company’s security culture. While people in management roles have no difficulty seeing the financial hazards that cybercrime presents, the technicalities are often a sticking point.

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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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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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