Blogs and Latest News

Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 1

Cyberattacks have never been as prevalent as they were in 2019 - top news headlines of the year confirm these findings as most of the big names like Equifax, Facebook, and Yahoo, are found in the crosshairs of such attacks. ...

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“More Data Breaches”: New Warning To Aussie Banks

Bank robbers don’t need balaclavas and shotguns anymore; they just need computers and stable networks! This is what the revelations of 36 significant data breach notifications from the boards of financial services firms in just four months give substance to....

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PCI DSS Compliance: What Does It Mean And Why Should I Care?

 Just made your decision on starting an online business? Then, you need to find the best payment methods too! Online purchases continue to progress drastically in number, so does the volume of credit card data stolen every year. At the...

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Cyber Threats: Queensland Government May Be The Next Victim!

The expanding loopholes in cyber defenses put sensitive data at risk, exhilarating the degree of damage due to malicious cyberattacks. A recent study states that almost 230,000 malware samples are produced by hackers every day; this number will continue to...

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Ransomware Hits Healthcare, Again!

Since years, cyberattacks have been targeting a specific industry – HEALTHCARE! As pointed out in our OAIC’s Quarterly Breach Statistics Report, healthcare experienced a dramatically higher number of cyber incidents with about 47 (19 percent) notifiable data breaches within the...

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ANU Data Breach – A Must-Read Report Of A “Sophisticated” Attack 

 It seems like there is a steady stream of news regarding data breaches and cyber-attacks in Australia.  While most of these infringements impact smaller businesses, occasionally there are “major” security issues that affect big organizations and a large number of...

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How Easy Is It For Scammers To Access Your Superannuation..?

The Australian Tax Office (ATO) had fallen victim to a nasty impersonation scam that targeted cybersecurity vulnerabilities through myGov website and a 2017 federal government First Home Super Saver Scheme.  The issue began when Mr. Trevor Riessen — a Darwin...

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Texas Ransomware Attacks – The Tip Of The Spear?

It was August 19, 2019.  Landis Adams - the Economic Development Director of Keene, Texas, and other city employees showed up as usual at 8 AM.  They turned on their computers and noticed a mess of text. Quickly, they figured...

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OAIC’s Quarterly Breach Statistics Report: How Bad Security Is In IT 

Data breaches occur almost every day, exposing the credit card numbers, social security numbers, mobile numbers, email addresses, passwords, and other sensitive data of thousands of people.   Unsurprisingly, the figures from the Australian Information Commissioner’s (OAIC) latest quarterly statistics report...

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