BLOG
In a groundbreaking announcement, Australian Prime Minister Anthony Albanese revealed that Microsoft is set to inject an additional $5 billion into the country, ushering in a new era of innovation and digital prowess. This strategic investment is poised to catapult Australia into the forefront of the global digital economy, emphasizing skills development, cloud computing, and cybersecurity. Strengthening Australia's Digital Backbone Microsoft's ambitious investment will focus on expanding its hyperscale cloud computing and artificial intelligence infrastructure across the nation. Over the next two years, the company plans to increase its local data center footprint from 20 to 29 sites, strategically located...
In the ever-evolving landscape of cyber threats, a new form of phishing has emerged, and it's catching many users off guard – callback phishing. This insidious technique employs phone numbers instead of clickable URLs, making it a challenging target for traditional anti-phishing measures. The FBI has sounded the alarm on this growing trend, emphasising the need for awareness and education to combat this sophisticated form of cybercrime. Understanding Callback Phishing Callback phishing emails typically arrive in users' inboxes, carrying urgent messages that demand immediate attention. Unlike traditional phishing emails with malicious URLs, callback phishing presents a phone number, compelling users...
In the era of digital convenience, online shopping has become the go-to for many Australians. However, with the ease of virtual transactions comes the lurking risk of cybercriminals aiming to exploit unsuspecting shoppers. From fake websites to malicious software, the threats are diverse, making it crucial for consumers to stay vigilant and secure while navigating the virtual marketplace. The Growing Threat Cybercriminals often employ tactics such as creating fraudulent retailer websites, offering non-existent products, and extracting unnecessary personal and payment information. The consequences of falling victim to these schemes are not only financial but can also result in the loss...
In the evolving landscape of cyber threats, it's not just the corporate giants that are in the crosshairs of cybercriminals. Small businesses, often assumed to be less attractive targets, are now witnessing a surge in cyber attacks, according to the latest findings from U.K. cyber insurer Hiscox's Cyber Readiness Report 2023. The Alarming Statistics Contrary to the common belief that cyber attacks predominantly target larger enterprises, the report reveals a concerning trend. Over the past three years, the percentage of organisations with fewer than ten employees experiencing cyber attacks has risen from 23% to a staggering 36%. This represents a...
In the fast-evolving landscape of cybersecurity threats, business email compromise (BEC) attacks have emerged as one of the most costly and insidious types of cyberattacks. These attacks target organisations, often tricking employees with financial responsibilities into transferring funds to malicious actors. In 2023, the healthcare industry has seen a staggering 279% increase in BEC attacks, a concerning trend that requires immediate attention. In this blog post, we'll delve into the rise of BEC attacks in the healthcare sector and explore strategies to bolster defenses against this growing threat. The Growing Threat of Business Email Compromise The Federal Bureau of Investigation...
In today's digitally-driven world, the specter of cyberattacks looms large over organisations. Recognising this growing threat, many companies have sought refuge in cyber insurance policies. However, insurers are becoming increasingly discerning when it comes to defining a "secure organisation," setting higher standards for eligibility. In this blog post, we'll delve into the shifting landscape of cyber insurance and why it's imperative for organisations to enhance their cybersecurity awareness and practices to qualify for coverage. The Rising Significance of Cyber Insurance Netwrix' 2023 Hybrid Security Trends Report reveals that a substantial 59% of organisations either already possess a cyber insurance policy...