It is a terrible time for privacy in the United States. There are very few institutions that we entrust to hold nearly all our financial records, and one of them, Equifax, admits to losing them. The full impact of the breach will be felt over time, and right now nothing has changed in our lives besides a new worry and uncertainty. Perhaps, like with other breaches such as Anthem and Yahoo, we will have to live in fear for decades with not yet having felt the direct impact.However, I would ar...Read the full article
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.