The Federal government has recently allowed individuals affected by the outbreak of COVID-19 coronavirus to apply for the early release of their superannuation. Alarmingly, Government officials have uncovered a “highly complex” early-access fraud that robbed 150 Australians of $120,000 to...
Every time you are installing a new application, updating your operating system, or getting a new loyalty card from the drugstore - you are presented with a lengthy legal statement and asked if you agree with the Terms of Service...
"Coronavirus is officially declared as a pandemic" The entire world is now striving hard to defend the systemic threats posed by COVID-19, but two unseen groups of people are poised to capitalize on the crisis: Hackers and hand sanitizer vendors. ...
Although data breaches weren’t new for modern internet-dwellers, we rarely witnessed them in the case of larger companies. But, when entities like Yahoo announced breaches that affected billions of their user accounts in the past year, it became quite clear...
Data breaches are nothing new - continuing with their terrifying stories of 2019, the first quarter of 2020 has seen data leaks firmly taking their place in the news. While this included the prevalent phishing, malware, virus, and ransomware attacks,...
Cyberattacks have been recognized as the most strategically significant threats faced by the world today. Governments, private corporations, non-profit organizations...no sector is immune from cyberattacks, and so is the financial industry, including banks, investment companies, insurance companies, and real estate...
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...
With Blue Bear Software, an administration platform for educational institutions got recently hit by a cyber attack from Magecart, the wheels of 2020’s cybersecurity threats have started to set motion. So, we rushed ourselves to come up with PART 2...
Australia’s second-largest bank, WESTPAC, has overtaken the largest COMMONWEALTH BANK… If you think it’s in terms of assets, profits, or market capitalization, you are wrong; it’s in terms of the heftiest fine it is forced to pay!! Westpac is accused...
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...