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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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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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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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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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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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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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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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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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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