Tag: cybersecurity company

HomeArchives

More Than $557 Million Claimed By Fraudsters—ATO Reveals

The month of July is taxation time for Australians as they log into their myGov account to file tax returns. The expectations of millions of Australians about their myGov account are that it will safeguard their information. But alas! The...

Continue Reading  

How Can Businesses Prevent Web Application Access Control Abuse

Beware! Developers, designers, vendors, and end-user organisations using web applications. This is because web applications have been found to have vulnerabilities called IDOR, or Insecure Direct Object Reference. These are access control vulnerabilities that enable malicious actors to do a...

Continue Reading  

Under-Equipped, Under Siege: Finance Industry Faces More Malware Attacks

From all our past articles, it is understandable that cyberattacks are taking a heavy toll on businesses. But there is one particular threat that is more often associated with notable financial losses, even business bankruptcy, than any other form of...

Continue Reading  

FTCODE Ransomware Returns: The Nightmare Continues…

Malware possesses the habit of making returns…rising from the dead, making even a horror villain blush! The most recent in that series is FTCODE – the long lost ransomware deemed dead in 2013, and regained its life in 2019; this...

Continue Reading  

Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 3

So, we’re back with the final part of the article! When looking at the information security breach statistics we have amassed all point to the finance sector in PART 1 and PART 2 of this feature, we could see that...

Continue Reading  

Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 2

“Cyberattacks haven’t changed, but it has ramped up the pace it evolves and the outcomes.” – This is what we have precisely learned from PART 1 of this article. As such crimes are ever on its rise, recent cybersecurity attack...

Continue Reading  

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. ...

Continue Reading  

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...

Continue Reading  

Healthcare Experiences The Highest Cost At $6.5M On Data Breaches

Healthcare data breaches happen now with an ever hefty price tag — an average mitigation cost of $6.45 million! According to a recent study on the data breach costs, organizations in the Healthcare domain were found to experience the costliest...

Continue Reading  

APRA’s New Cybersecurity Standard Is Here!

According to studies, almost 90% of Australian companies report that they receive around 5,000 cyber menaces a day.  Australia’s banks and insurers have always been the most attractive targets for cybercriminals. As this is the case, the Australian Prudential Regulation...

Continue Reading