Malware / Cybercrime — Opinions

R.I.P. Email?

R.I.P. email. Well nearly. While the number of email accounts continues to grow rapidly, I'm predicting that email, as we know it today, will fade away as the world's most pervasive form of digital communications—possibly within three to five years. It’s not just that there are other ways by which people are communicating, it’s also because email is increasingly a risky way to communicate.

George Fong | 21 Nov | Read more

Dispelling Common Myths Surrounding UTM

Unified Threat Management (UTM) has become popular among organisations since its emergence over five years ago. The security solution gained traction with its all-in-one approach, combining several security tools into a single device. Running UTM also saved companies, especially the smaller ones time, money and manpower. Most UTM today include a firewall, intrusion detection system (IDS), virtual private network (VPN), anti-malware, anti-spam, content and web filtering, while some vendors include other features such as advanced routing.

Wana Tun | 03 Oct | Read more

Navigating the balancing act: how to support user privacy whilst maintaining control of corporate-owned data

It goes without saying that government surveillance news dominates our media. From a global standpoint, the NSA leaks brought international attention to state organised spying. Locally, the Australian Government has been making headlines over its plans to develop legislation that will allow it to more easily access metadata from large organisations and telecoms providers to gain information on the consumers using their services in a bid to prevent acts of terrorism

David Balazsy | 03 Oct | Read more

Cyber crime in financial institutions

What is cyber crime? There are a number of different ways that criminals are trying to target financial institutions. There is social engineering exploits, which is when an end-user gets an email claiming to be from their bank, but it’s really a cyber criminal. Within that email there is a link asking the end-user to confirm their account information. Cyber criminals then leverage the credentials to gain access to the user’s financial records and banking accounts. Malware is another piece to it, where criminals distribute malicious software and a user is tricked into installing a keylogger or screen scraper program on their device. This means that when an end-user enters their credentials, the program can capture all that information, allowing criminals to gain access to the account.

Crispin Kerr | 03 Oct | Read more

Under attack, how banks can fight back

In March 2013, the Reserve Bank of Australia confirmed that hackers had penetrated its computers but failed to steal sensitive data or corrupt networks, amid growing alarm that sophisticated cyber attacks may leave banks and other organisations unaware they have been compromised.

Geoff Webb | 02 Jun | Read more

The business side of cyber security

Balancing security priorities with business flexibility and agility is a tough challenge. But it’s a challenge every executive management team faces as it strives to drive business growth, achieve competitive advantage and maximise operational efficiency.

Ammar Hindi | 06 Dec | Read more

The problem with modern day bank robberies

It used to be easy enough to spot a bank robber. With their balaclavas and weapons of choice, the criminals would simply storm in demanding money and everyone knew exactly what was happening. While criminals still occasionally resort to traditional methods, it’s rare to see the dramatic Bonnie and Clyde-style bank heists of the 20th century.

Geoff Webb | 06 Dec | Read more

Cyber Security and the CIO Challenge

Cyber security is the double edged sword of modern business. Because the Internet is an evolving technology that carries enormous potential and vulnerability, cyber security embraces questions of internet freedom, network architecture and the economic potential of cyberspace

Gordon Makryllos | 09 Apr | Read more

The threat landscape: the next trends in cyber security

Cyber security remains one of the most dynamic fields within the technology industry. Because of the financial and political impact of cybercrime, attackers are continuously looking to innovate and outsmart security vendors and consulting companies. As a result, the IT community is perpetually engaged in a contest of strategy to combat new cyber threats. These are some of the top security threats we can expect to see developing over the next year, including top tips to combat these dangers.

Gordon Makryllos | 05 Dec | Read more

High Profile Cyber-Security Breaches in Australia

Mainstream Australian media sites now regularly mention hacking incidents carried out by the hacktivist group 'Anonymous'. The group recently defaced several prominent Australian websites, and has now also claimed to have stolen user credentials and contact information from Pizza Hut Australia.

V Bala | 28 Nov | Read more

Is anything private in Web 2.0?

The answer to this question is simple: no. With the developments in social media and two-way communication channels such as Twitter, Facebook and YouTube, it has made social privacy somewhat non-existent.

Olan Ahern | 23 Nov | Read more

Taking down the worlds largest botnets

Botnets are controlled by sophisticated cybercriminals. Grum, the world's third-largest botnet, included a network of hundreds of thousands of infected computers perpetrating cybercrime and online fraud, impacting consumers and organizations worldwide. Hear directly from a FireEye malware expert who led the effort to take down Grum, including: • Distinct strategies for botnet takedowns • Evolution of Grum • Role of the research community in finding Grum master CnC servers • A blow-by-blow account of how the criminals tried to salvage Grum and what's next Learn how botnets operate and how research and technology from FireEye played a key role in dismantling four of the world's largest botnets since 2008, including Grum, Rustock, Ozdok/Mega-D, and Srizbi.

CSO staff | 30 Aug | Read more