cybercrime - News, Features, and Slideshows

News

• NSW TrainLink suffers security breach

  ​Transport for NSW’s online booking system was hacked on Friday, potentially capturing customer payment details, the agency said.

• Australia an economic crime ‘hotspot’: PwC

  A new survey paints a gloomy picture for Australian organisations, which were found to experience cybercrime at double the global rate, with 65 per cent attacked in the last 24 months compared to 32 per cent globally.

• Cybercriminals are increasingly embracing a sophisticated business-model approach

  Many cybercriminals can call on an extensive network of specialists for "business" expertise, including people who train and recruit, who launder money, and who provide escrow services, according to a new white paper.

• GozNym financial trojan shifts sights to European banks

  ​The new hybrid GozNym Trojan is now targeting European banks after successfully stealing $4 million from US and Canadian financial institutions last month.

• Spotting a fake CEO: 4 ways to evade a whaling attack

  ​The global rise of whaling attacks hasn't failed to affect Australian companies, with losses from local attacks ranging from $5000 to $400,000, according to cases revealed to email security firm, Mimecast.

• Financial institutions at growing risk of Trojan attacks: report

  Trojan virus infections at financial services firms dropped by 73 per cent in 2015 compared to the year earlier, new research has found. But attacks are much more sophisticated and more frequently targeting financial institutions rather than consumers.

• Australian businesses a key target of ransomware-as-a-service

  Australian businesses must defend themselves against the onslaught of ransomware attacks as new research has found cybercriminals are increasingly targeting them with more elaborate and sophisticated measures. ​

• 90% of all industries suffer medical data breaches

  ​A surprising 90 per cent of all industries experience breaches leading to stolen medical records, proving patient data theft is an issue that stems beyond the health sector, a new report said.

• 55% of companies suffer increase in 'whaling attacks' leading up to Christmas

  More than half of organisations’ have seen an increase in whaling email attacks on their finance and accounting departments in the lead up to Christmas.

• China behind the Australian BoM cyberattack?

  Chinese hackers have cracked the Bureau of Meteorology supercomputer, which links to other agencies such as the Department of Defence, according to an ABC report.

• Healthcare firms biggest target for cyber crooks

  ​The global healthcare sector experienced more than three times the number of security incidents than the average industry and is twice as likely to encounter data theft, according to a report.

• SEC charges 32 in press release hacking, stock trading scheme

  The U.S. Securities and Exchange Commission has charged 32 defendants with fraud in an international scheme that used stolen, yet-to-be-published press releases from hacked websites to conduct stock trades.

• Nine charged in press release breaches, stock trading scheme

  Nine people face criminal charges in the U.S. for allegedly hacking three press release distributors and stealing yet-to-be-published announcements in a stock trading scheme that authorities say generated about US$30 million in illegal profits.

• Carly Fiorina calls on Apple, Google to provide greater access for FBI

  Republican presidential candidate and former tech-executive Carly Fiorina has called on Apple and Google to provide greater access to information about their users to the FBI and law enforcement in order to aid investigations.

• Darkode cybercrime forum might be making a comeback

  The former administrator of Darkode, the online cybercrime forum that was recently shut down by law enforcement agencies, is preparing to bring it back, with better security and privacy for its members.