Medibank’s travails after being hit by cybercriminals do not seem to be ending. APRA, The Australian Prudential Regulation Authority, has asked the insurer to hold another $250 million in capital as security. This is a punishment meted out to Medibank...
Cybercriminals have managed to cause a data breach at the vendor system of AT&T, the multinational telecommunications company, in January 2023 and exposed vast amounts of data, including wireless account numbers, first names of customers, wireless phone numbers, and email...
Background The Microsoft Threat Intelligence Center (MSTIC) has released information on the uncovering of a widespread malicious email campaign undertaken by the activity group that Microsoft tracks as NOBELIUM. Nobelium, which operates from Russia, is the name given to the threat actor behind...
From 22 February 2018, it became a requirement for certain data breaches, known as “eligible data breaches”, to be notified to the Australian Privacy Commissioner and affected individuals. Previously, it was not mandatory to supply notification of data breaches. A...
Cloud computing has been adopted by almost every organization due to its various benefits and work flexibility. However, with this adoption of the cloud, certain cybersecurity issues have been observed in cloud computing. Approximately 94% of organizations are moderate to...
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....
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...
AUGUST has been a smooth month for data breaches, with a rounded sum of 114 million breached records. That is nearly 10 per cent of the monthly average. But that number comes from about 95 incidents, which is the highest...
Cybercriminals have rattled the European Central Bank (ECB) by breaching one of its websites, for the second time in the last five years. This time, the hack targeted ECB’s BIRD (Banks’ Integrated Reporting Dictionary) website, which grants banks an explicit...
The healthcare industry was hit by challenges to information security in 2018, with phishing emails, and weaponized ransomware, dominating the year. In the first half of 2019, these threats are found to continue, and cyber criminals got more productive, despite...