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Australia Cyber Attacks: How to mend the loopholes on ‘sophisticated’ Cyber Hacks

The Federal Government of Australia is reacting to a cyber assault that threatens Australian governments and firms across a wide range of industries. On Friday 19 June, Prime Minister Scott Morrison reported that a "sophisticated state-based cyber hacker" is targeting...

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Have you patched these top 10 repeatedly exploited vulnerabilities?

The Cybersecurity & Infrastructure Security Agency (CISA), the FBI, and the US government recently issued an alert about the Top 10 Routinely Exploited Vulnerabilities found by the US government between 2016 and 2019. The alert aims to provide a list...

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Increasing Security Breaches In Mobile Banking Apps: FBI Warns Public

Escalating Security Breaches In Mobile Banking Apps: FBI Warns Public to Steadfast Security As the public keeps increasing their use of mobile banking apps on an extensive scale. It is mostly due to increased time at home due to the...

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Covid-19 Early Release Of Super: Skilled Cyber-Scammers Steals Thousands Of Dollars Using myGovID

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...

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“Ransomware, Phishing Attacks” Conquering US Headlines In 2019

Ransomware and phishing attacks conquered the US newspaper headlines last year. More than 70 state and local governments across the US and more than half of the organizations suffered from ransomware attacks. According to the bureau's Internet Core Competency Certification...

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Travelex Ransomware Attack: Sodinokibi Is Here With A New Tactic

“Ooops, your files are encrypted! Don’t worry - you can restore them; all you need to do is send $500 to the following address....” The words that have been striking the fear in average computer users since the 1980s! Yes,...

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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...

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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...

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Westpac Money Laundering Breach – A Banking Horror Story From Australia

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...

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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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