In a stunning demonstration of the evolving landscape of cybercrime, a finance worker at a multinational firm in Hong Kong was deceived into transferring a staggering 200 million Hong Kong dollars (approximately $39 million Australian dollars) to fraudsters employing deepfake technology. This … [Read more...] about Deepfake Deception: A $39 Million Scam Unveils the Dark Side of AI in Cybersecurity
Who are Medusa, and what can you do to protect your business? Cybersecurity firm CyberCX has recently reported at least 20 double extortion schemes by the cybercriminal gang Medusa, carried out across Australia and the Pacific since January 11. Judging by its difference in operations … [Read more...] about Cybercriminal Gang ‘Medusa’ Wreaking Havoc Upon Australian Businesses
Website hosting provider GoDaddy released statements revealing that they were under attack by cyber criminals. These unauthorised third parties hacked into GoDaddy’s cPanel shared hosting servers, installing malware that caused intermittent redirection of customer websites. This was apparently a … [Read more...] about Urgent! Web Hosting Provider Godaddy Reports Major Security Breach