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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Unlocking the ingenuity of the crowd: Winning the war on cybercrime
Today
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digital transformation
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ai
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cybersecurity
Enterprises are prioritising security over digital transformation as cybercrime's global cost approaches USD $9.5 trillion. Is crowdsourced security the answer?.
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AUSCERT launches new service to enhance cybersecurity posture
This month
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devops
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apm
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cybersecurity
AUSCERT has launched a new Maturity Assessment Service to help organisations improve cybersecurity amidst rising cyber threats, offering impartial and actionable advice.
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Aon & SentinelOne team up to battle cyber threats
This month
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advanced persistent threat protection
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cybersecurity
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cybercrime
Global cost of cyber breaches may hit USD $23.84 billion by 2027, prompting Aon and SentinelOne to form a strategic alliance, enhancing cyber insurance processes.
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Gen data reveals 12% of Kiwis are victims of cybercrime
This month
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advanced persistent threat protection
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physical security
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cybersecurity
A Gen report has revealed that 12% of New Zealanders fell victim to cybercrime in the past year, impacting both finances and mental health.
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JT joins GSMA Open Gateway to combat global telecom fraud
This month
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cloud services
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cybercrime
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gsma
JT joins forces with GSMA as an Open Gateway Channel Partner, aiming to enhance global fraud and identity solutions in the telecoms industry through innovative APIs.
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New Labour government pledges investment in UK tech & cyber
This month
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ai
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cybersecurity
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cybercrime
The new Labour government’s tech and cyber policies may present both challenges and opportunities amid heightened economic and cyber threats.
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Small UK businesses face cyber security challenges & solutions
This month
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data protection
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cybersecurity
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it strategy
UK firms reported 2.39 million cybercrimes in 2023, with small businesses facing unique challenges. Markel Direct's Rob Rees outlines key strategies for protection.
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Surge in cybercrime on Telegram highlights security concerns
This month
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ddos
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apm
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cybersecurity
Kaspersky reports a 53% rise in cybercriminal activity on Telegram between May and June 2024, highlighting the platform's growing appeal for fraud, DDoS attacks, and data leaks.
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Netsafe warns of inadequate response to rising online fraud
This month
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edutech
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victim support
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netsafe
The Ministry of Justice's latest crime survey reveals a surge in online fraud, highlighting an urgent need for a coordinated multi-agency response, says Netsafe.
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Adapting cybersecurity strategies to the escalating threat landscape
This month
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malware
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ddos
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devops
The takedown of Qakbot offers a brief respite for cybersecurity teams but highlights the persistent, evolving threat landscape and the complexity of combating cybercrime.
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Survey reveals key challenges for SMEs in Australia & NZ
Last month
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recruitment
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inflation
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nz
A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.
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How businesses can strengthen defences against evolving cyberattacks
Last month
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ai
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integration
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dark web
As cybercriminals exploit AI to amplify attacks, businesses are urged to upgrade legacy systems, integrate AI in security efforts, and enhance real-time threat detection.
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UK sees sharp rise in email & text online scams since 2022
Last month
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email security
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email
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scams
A new study reveals a rise in scam emails and texts since 2022, with Brits receiving 240 annually, costing over GBP £500 million in H1 2023.
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ANZ Plus launches digital identity service with ConnectID
Last month
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martech
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physical security
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cdp
ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.
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AI-driven cyber crime drives AUD $4.03m average data breach cost
Last month
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iaas
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paas
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advanced persistent threat protection
Cyber-attacks on Australian firms have surged, with AI-driven threats pushing data breach costs to AUD $4.03 million. Cloud services and enhanced AI defences are key.
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Red Piranha wins top XDR award at Global InfoSec Awards
Last month
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advanced persistent threat protection
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cybersecurity
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cyber threats
Red Piranha's Crystal Eye XDR wins top honour at the Global InfoSec Awards at RSA Conference, hailed for its innovative cybersecurity solution against rising cyber threats.
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Group-IB helps bust Southeast Asian cyber fraud syndicate
Last month
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cybersecurity
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cybercrime
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fraud
Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.
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IT leaders urge Australian govt to boost cyber threat funding
Last month
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cybersecurity
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software updates
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australian government
A new poll by Tenable reveals 79% of Australian IT and cybersecurity leaders feel the federal government’s efforts against evolving cyber threats are inadequate, demanding more preventive measures.
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Cybercrime costs New Zealanders $6.6 million in Q1
Last month
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phishing
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email security
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nz
Cybercrime hits New Zealand hard in early 2024, with financial losses topping NZD $6.6 million, reveals CERT NZ's latest report, despite fewer incident reports.
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Ashdown Group releases 2024 IT salary guide amid economic shifts
Fri, 24th May 2024
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advanced persistent threat protection
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devops
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apm
The Ashdown Group's 2024 IT Salary Guide reveals a 27% drop in job posts amid economic slowdown, but optimism rises with potential Bank of England rate cuts.