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Cybercrime stories

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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ExpressVPN reveals 41% of Brits fear holiday cybercrime
Last week
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vpn
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cybersecurity
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cybercrime
ExpressVPN study reveals that 41% of British tourists fear falling victim to cybercrime on holiday, with concerns especially heightened when using public Wi-Fi networks.
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Cybersecurity services market to hit $445.3 billion by 2032
This month
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cloud services
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malware
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testing
Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.
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Innovative BANE platform set to fortify Australia's fight against cybercrime
This month
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university of adelaide
Australian and US researchers partner with Oracle to develop BANE, a pioneering platform leveraging AI to combat the escalating cybercrimes such as child exploitation, relieving law enforcement burdens.
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Wavelink gets sole Claroty distributorship for Australia
This month
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ransomware
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digital transformation
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ml
Enterprise solutions leader Wavelink broadens its partnership with cyber-physical systems security brand Claroty, obtaining distribution rights across all business segments in Australia.
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Mandiant reveals threats to Ivanti Connect Secure appliances
This month
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advanced persistent threat protection
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cybersecurity
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ivanti
Mandiant reveals new findings on threat actors exploiting vulnerabilities in Ivanti Connect Secure appliances, laying bare a disturbing mix of state-linked and profit-driven cyberattacks.
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How to defend your business against AI-powered ransomware
This month
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firewall
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ransomware
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encryption
Australian businesses are urged to use AI technology to combat increased ransomware attacks, bolstered by a rise in AI-powered cyber criminality.
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Ransomware retains top spot, Sophos cybercrime report reveals
This month
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firewall
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ransomware
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network security
Sophos' Active Adversary Report 2023 unveils persistent ransomware threats, rising use of compromised credentials in cyberattacks.
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AI-powered localised scams on the rise, banking fraud trend takes off
Last month
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advanced persistent threat protection
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cybercrime
BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.
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Veritas upgrades Backup Exec to escalate cyber defence for Australian SMBs
Last month
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cloud services
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data protection
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dr
Veritas Technologies releases upgrades for its Backup Exec solution, offering added cyber-resilience features for small and medium-sized businesses amid a 14% increase in Aussie cybercrime.
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Brits lose GBP £1.2m to credit card fraud in 2022, says Uswitch report
Last month
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advanced persistent threat protection
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physical security
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credit card fraud
A report by Uswitch noted that UK citizens lost GBP £1.2 million to credit card fraud in 2022, with an emphasis on thefts in Ireland and America.
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Heritage Lifecare looks to SSS for around the clock cybersecurity services
Last month
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email security
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phishing
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threat intelligence
Heritage Lifecare, one of New Zealand’s largest aged care providers, has secured continual cybersecurity protection with SSS IT Security Specialists, relieving its fear of off-hours cyberattacks.
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Cybercrime reports drop in NZ, but threats persist
Last month
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phishing
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ransomware
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advanced persistent threat protection
Despite a reported decrease in cybercrime incidents to CERT NZ in 2023, authorities warn persistent and evolving threats.
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Quorum Cyber shines in Microsoft Security Excellence Awards
Last month
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cybersecurity
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misa
UK-based Quorum Cyber gains double-finalist status in the Microsoft Security Excellence Awards, forging its reputation in international cybersecurity.
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Rising trend of cybersecurity experts turning to cybercrime
Last month
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dark web
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cybersecurity
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cybercrime
CIISec flags growing concern over cybersecurity professionals engaging in cybercrime, incited by the enticing monetary gains of the dark web.
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Google launches Cybersecurity Certificate in Australia amid talent gap
Last month
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big data
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bi
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data analytics
Amid a significant talent gap, Google has launched its Cybersecurity Certificate in Australia to equip around 40,000 individuals with vital cybersecurity skills, in response to a 23% increase in cybercrime incidents.
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Google partners with BSSN to boost national cybersecurity
Last month
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cloud services
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bi
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big data
Google partners with Indonesia's BSSN to equip the public sector and 70,000 small businesses with AI and cybersecurity tools.
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AUCloud combats rising scams with new cyber security training
Last month
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email security
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cybersecurity
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cybercrime
In the face of escalating email scams, AUCloud unveils pioneering cyber security courses and phishing simulations to bolster security for Australian businesses.
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Kaspersky study: 40% of firms face shortage in cybersecurity hiring
Wed, 28th Feb 2024
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firewall
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it training
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network security
Over 40% of firms face a crippling lack of qualified cybersecurity professionals, contributing to heightened security risks, a new global study by Kaspersky exposes.
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Trend Micro dismantles major ransomware group LockBit
Wed, 28th Feb 2024
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malware
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advanced persistent threat protection
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cybersecurity
Trend Micro collaborates with global law enforcement agents to disrupt major ransomware group, LockBit, responsible for a quarter of 2023's ransomware leaks amounting to billions of dollars.
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AI's double-edged sword in cybersecurity, says Techopedia report
Wed, 28th Feb 2024
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advanced persistent threat protection
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cybersecurity
AI's influence on cybersecurity is double-edged, with rising cybercrime attributed to hackers using AI, yet findings show businesses using AI security solutions have reduced breach costs, a Techopedia report reveals.
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VietCredCare cyber threat rocks Vietnam's social media landscape
Fri, 23rd Feb 2024
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malware
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phishing
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email security
Vietnam is being rocked by an advanced cyber threat, VietCredCare, targeting business social media accounts, leading to widespread data breaches in government, business, and education sectors.
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Kyndryl & Veeam unite for global cyber resilience services
Thu, 22nd Feb 2024
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data protection
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partner programmes
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business continuity
Kyndryl and Veeam Software form global strategic alliance, offering comprehensive cyber resiliency and data protection services.
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Web threats in Singapore down 5.9%, says Kaspersky report
Wed, 21st Feb 2024
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phishing
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advanced persistent threat protection
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email security
Kaspersky reveals a 5.9% decrease in web-based threats detected for Singapore in 2023, the third annual drop, despite growing complexity and user attacks, which surged to 30.7%.
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Global surge in DDoS attacks causes dire financial consequences
Tue, 20th Feb 2024
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cybersecurity
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cybercrime
A new report indicates a rise in global Distributed Denial of Service DDoS attacks in 2023, with attack durations soaring 400%.