Cybersecurity

Generative AI: A New Weapon in the Cybercriminal Arsenal

A Critical Vulnerability in Chrome’s V8 JavaScript Engine A significant security flaw, identified as CVE-2024-5830, has been uncovered in Chrome’s V8 JavaScript engine. Initially reported in May 2024, this vulnerability could allow attackers to execute arbitrary code on a user’s device simply by visiting a malicious website. The vulnerability stems from a type confusion error […]

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Cyber Security Monthly Roundup – August 2024

Cyber Security Monthly Roundup – August 2024 August 2024 has been a particularly eventful month in cybersecurity, marked by critical infrastructure attacks, significant data breaches, and escalating cyber threats leveraging emerging technologies. Below is a roundup of the most impactful stories that shaped the cybersecurity landscape this month. Cyberattacks Targeting Critical Infrastructure in Australia Australia’s

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Fortifying Financial Security: Addressing the Growing Threats and Costs of Cybercrime

Fortifying Financial Security: Addressing the Growing Threats and Costs of Cybercrime Fortifying financial security against cybercrime is increasingly critical for the financial sector. With nearly 20% of cyber incidents targeting financial institutions, resulting in direct losses of $12 billion, it’s evident that robust cybersecurity measures are essential. As our digital world expands, the threat landscape

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Navigating Cybersecurity Risks Post-Microsoft-CrowdStrike Outage

Navigating Cyber Security Risks Post-Microsoft-CrowdStrike Outage In the aftermath of the recent worldwide tech outage caused by a faulty software update from cybersecurity firm CrowdStrike, small businesses find themselves at increased risk. Here are key points to consider: Be Sceptical of Unexpected Communications: Small business owners and employers should exercise caution when encountering unexpected emails,

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Big Tech on Notice: Australia’s New Anti-Scam Law and Its Impact on Businesses

Big Tech on Notice: Australia’s New Anti-Scam Law and Its Impact on SMEs A significant development is shaking up the Australian cybersecurity landscape: the proposed anti-scam law targeting large internet companies. While aimed at Big Tech, the implications of this legislation extend to all businesses in the digital space, especially Small and Medium Enterprises (SMEs).

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The Three-Pronged Approach to Conquering Cyber Security

The Three-Pronged Approach to Conquering Cyber Security Cyber threats are constantly evolving, making it a challenge to keep your organisation’s data and systems secure. While some might think the answer lies solely in the latest tech, the most successful approach utilises a three-pillar approach to cybersecurity: People, Processes, and Technology. People: Your Human Firewall People

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Lack of Confidence in Cybersecurity Strategy Loses Deals

Businesses Losing Deals Due to Lack of Confidence in Cyber Security Strategy A new report 2024 State of the Security Team: Navigating Constant Change Research Report, reveals a concerning disconnect between security professionals and their customers in Australia and New Zealand (ANZ). While 81% of security leaders feel confident in their cybersecurity defences, a significant

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Cybersecurity Budgets, Benchmarks for Financial Services

Cybersecurity Budgets and Benchmarks for Financial Institutions While cybersecurity budgets at financial services institutions are constrained compared with previous years, fundamental concerns still dominate priorities, according to a recent survey report. Digital transformation is the top business driver for cybersecurity, but respondents indicate that regulatory pressure is increasing and gaining in importance. Further, it seems cybersecurity

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Phishing Attacks: Australians Arrested In Cybercrime Operation

Phishing Attacks: Australians Arrested In Cybercrime Operation Australians reported a massive number of phishing attacks in 2023 – over 108,000 according to Scamwatch. These attacks resulted in staggering losses of $26 million. This doesn’t account for the hidden costs associated with data breaches, such as reputational damage and lost productivity. A recent global takedown of

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Urgent Patch Needed for Cisco Firewall Vulnerabilities (ArcaneDoor)

Urgent Patch Needed for Cisco Firewall Vulnerabilities (ArcaneDoor) Cisco Releases Security Updates Addressing ArcaneDoor, Vulnerabilities in Cisco Firewall Platforms Businesses and organisations relying on Cisco’s Adaptive Security Appliance (ASA) and Firepower Threat Defence (FTD) firewalls are being advised to take immediate action to protect themselves from a sophisticated cyber-attack campaign dubbed ArcaneDoor. This campaign is

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