The hacking tactics in Mueller indictment are used in crime daily

Posted by Emmanuel Marshall on 10 September 2018 11:44:00 AEST

The worlds of politics and cybercrime collided in 2016 when Hillary Clinton’s presidential campaign HQ was infiltrated by hackers. The incident led to the exposure of thousands of sensitive private documents, a storm of controversy and potentially, the disruption of the US democratic process.

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Business-targeted cybercrime surging in Australia says PWC report

Posted by Emmanuel Marshall on 07 September 2018 11:39:45 AEST

In the last two years, 45% of Australian companies were attacked by online criminals.

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Could your business handle a cyber-attack this afternoon?

Posted by Craig McDonald on 23 August 2018 09:50:14 AEST

"Raise the topic of cybersecurity with any board of directors. They would all probably agree it’s a very important issue, but it’s rare that they would all agree what to do about it. Just asking a few pointed questions can create a lot of energy:
How well prepared are you for a sophisticated cyber attack this afternoon?”

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$10k lost in latest email fraud against Aussie business

Posted by Emmanuel Marshall on 17 August 2018 10:36:44 AEST

This week the SMH reported the story of the small business owner who lost AU$10,000 in an email fraud attack.

“Small business owner Phoebe Bell believes scammers were watching her emails "for months" before they swiped $10,000 from her homewares operation, Sage & Clare,” the SMH reports.

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Email fraud up 46% on 2017: businesses losing $ billions

Posted by Emmanuel Marshall on 15 August 2018 09:58:41 AEST

Claire, an intern at a small legal firm, sits down at her desk after getting back from a hasty, late lunch. She gulps her coffee and flicks open her email inbox: 37 new messages. She rubs her temples and begins to work her way through the backlog that piled up during her 15-minute lunch break.

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Hackers use email fraud to rob ATMs

Posted by Emmanuel Marshall on 14 August 2018 10:16:48 AEST

The FBI warned US banks last week that they are expecting a large-scale fraud attack involving compromised ATM cash machines in the near future.

“Cyber criminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days,” the FBI advised banks in a confidential message revealed by the KOS blog, Aug 12.

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Cybercrime an “urgent, evolving crisis”: US Security Chief

Posted by Emmanuel Marshall on 07 August 2018 15:23:49 AEST

The United States Department of Homeland Security (DHS) has just announced a new division specifically to handle cyber threats against critical infrastructure. The National Risk Management Center will manage cross-sector responses to cyber-threats against vital US assets like the recently exposed attacks against the US power grid.

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Bug bounty hunters: who are they? Why do they matter?

Posted by Emmanuel Marshall on 20 July 2018 10:10:11 AEST

In the lexicon of online security there are cybercriminals, black hat hackers (hackers who do crime), white hat hackers (hackers who help prevent cyber-attacks), hacktivists (hackers who use their skills for political causes) and then there are “bug bounty hunters.”

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Indictment: 2016 Democrat campaign hacked using phishing

Posted by Emmanuel Marshall on 17 July 2018 15:24:18 AEST

A July 13 Washington Post  article reported the indictment of 12 Russians accused of hacking the US Democratic Party in 2016.

The indictment documentation includes detailed information about the process the accused Russian hackers allegedly used to gain access to Democratic Party email accounts and networks.

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Cybersecurity report finds companies ill-prepared for attacks

Posted by Emmanuel Marshall on 13 July 2018 11:04:57 AEST

“As a small business, we find it challenging to identify threats and have measures in place to mitigate them with very limited time/resource.”

“I find the board’s posture is too relaxed, suggesting lack of acute awareness of the real risks.”

“Lack of concern and awareness around the risk and consequence. Directors and management are more concerned about accessibility than protection (until an event occurs, that is...)”

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GDPR: data security is the responsibility of companies

Posted by Emmanuel Marshall on 03 July 2018 09:50:06 AEST


GDPR - the
EU General Data Protection Regulation - is now in effect. The regulations are designed to protect the data privacy of EU residents, but because the rules affect any company handling EU data, the true influence of the GDPR is international in scope.

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Cybersecurity insurance: only half of businesses have it

Posted by Craig McDonald on 01 June 2018 15:53:18 AEST


The
Wall Street Journal has published an interesting article quoting Warren Buffett talking about cybersecurity insurance and his view that it is a bad risk.

Speaking at a Berkshire Hathaway Inc. meeting, Buffett said: “We can figure the probability of a quake or a hurricane but don’t know as much in cyber. It’s uncharted territory on the insurance side and will get worse, not better.”

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Millionaire Nigerian phishing scammers jailed in UK

Posted by Emmanuel Marshall on 31 May 2018 16:46:46 AEST


Two Nigerian scammers operating out of London UK are now serving jail time over a £1 million+
phishing operation. 

According to UK investigators the jailed men, Emmanuel Mmaduike and Olawale Kashimawo (pictured above), headed a well-organised cybercrime syndicate specialising in email fraud. 

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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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