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iTWire - Proofpoint identifies malware targeting government institutions

Cybersecurity company Proofpoint has identified a malware called LastConn which has targeted government institutions in the Middle East and global gov. ....

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iTWire - AIIA throws support behind Labor's Startup Year policy

The Australian Information Industry Association (AIIA), has welcomed the Labor Party’s Startup Year policy, recognising what it says is the incredible. ....

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iTWire - CyberArk Expands Availability of Identity Security Offerings on AWS Marketplace

iTWire
Thursday, 10 June 2021 11:24
CyberArk Expands Availability of Identity Security Offerings on AWS Marketplace
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Identity security provider CyberArk has announced the availability of Cloud Entitlements Manager, Endpoint Privilege Manager and its Workforce Identity solutions on Amazon Web Services marketplace.
CyberArk now offers least privilege controls that span from the endpoint to the cloud on Amazon Web Services Marketplace.
According to CyberArk, migrating workloads to the cloud is a top priority for many organisations and this trend, coupled with the need to securely support increasingly remote workforces, has created new challenges – particularly for protecting against increasingly identity-centric attacks.
CyberArk says AWS customers can now easily access even more of its Identity Security SaaS-based offerings, which deliver “greater deployment flexibility and simplicity, along with rapid time to value and risk re ....

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iTWire - Payment redirection scams cost Australian businesses $128 milion in losses in 2020

iTWire
Wednesday, 09 June 2021 11:42
Payment redirection scams cost Australian businesses $128 milion in losses in 2020
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Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the competition watchdog, the ACCC’s latest targeting scams report.
Combined losses reported to Scamwatch, other government agencies, banks and payment platforms totalled $128 million in 2020 - with Australian businesses losing $18 million to scams in 2020, a 260% increase on losses reported in 2019.
“Small and micro businesses made most of the reports to Scamwatch and experienced an increase in losses in 2020, although larger businesses reported the highest losses,” Australian Competition and Consumer Commission (ACCC) Deputy Chair Mick Keogh said. ....

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iTWire - Australians lose $851 million to scams as scammers take advantage of pandemic

iTWire
Monday, 07 June 2021 10:37
Australians lose $851 million to scams as scammers take advantage of pandemic
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Australians have lost a record $851 million to scams, with scammers taking advantage of the pandemic to con unsuspecting people, according to a new report which also reveals that investment scams accounted for the biggest losses.
According to the Australian Competition and Consumer Commission (ACCC) investment scams fleeced Australians of $328 million, and made up more than a third of total losses - while romance scams were the next biggest category, costing Australians $131 million, and payment redirection scams resulting in $128 million of losses.
The ACCC’s latest ....

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