TelcoNews Australia - Telecommunications news for ICT decision-makers

Cybercrime stories - Page 2

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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TechnologyOne launches InvoiceIQ to curb council fraud

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TechnologyOne adds fraud-detection tools to council finance systems, aiming to spot suspicious supplier changes and invoice manipulation before payments go out.
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Attackers shift upstream into Australia's network edge

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Lumen says attackers are increasingly exploiting routers, VPN gateways and other edge devices in Australia, with nation-state activity and proxy networks making detection harder.
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Lumen warns of malware-backed proxy networks in APAC

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Lumen says malware-backed proxy networks are helping attackers hide in plain sight across Asia Pacific, as AI speeds up infrastructure changes.
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Outpayce & Riskified launch airline fraud protection

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Outpayce and Riskified to roll out airline fraud and chargeback protection worldwide, with first Asia-Pacific airline launch due in 2026.
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ASIC steps up takedown of AI investment scam sites

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ASIC ramps up AI scam fight as it takes down 11,964 bogus investment websites and warns of slicker ads, fake endorsements and cloaking tactics.
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TrendAI: Evolving the cybersecurity value proposition

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TrendAI urges stronger AI governance as it shifts cybersecurity from fear-based selling to platformised risk reduction for Australian firms.
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Upwind hires ex-Facebook security chief Joe Sullivan

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Upwind taps former Facebook security chief Joe Sullivan to bolster cloud and AI strategy as it eyes enterprise buyers and rapid growth.
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DeepLoad malware steals credentials via ClickFix campaign

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ReliaQuest flags DeepLoad malware stealing live credentials in enterprise networks, with AI-style obfuscation, USB spread and hidden WMI persistence.
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Firms warned on ransomware amid backup & AI sprawl

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Experts warn firms must improve visibility and backup resilience as automated ransomware campaigns and hidden SaaS and AI assets widen exposure.
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North Korean operatives target Australian jobs, DTEX warns

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DTEX warns North Korean operatives are using false identities to secure Australian tech jobs, with some applicants aided by AI and deepfakes.
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Banks issue warning over AI-powered identity fraud risks

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US banks and regulators are urged to adopt passkeys, mobile driving licences and tougher verification as generative AI fuels deepfake fraud.
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Resemble AI launches deepfake detector & threat report

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Resemble AI unveils free Chrome extension and X bot as chief executive officer Zohaib Ahmed warns synthetic media risks are widening across businesses.
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TrendAI flags agentic AI risks in enterprise deployment

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TrendAI survey finds businesses racing to deploy agentic AI despite weak controls, with sensitive data exposure, audit gaps and kill-switch doubts emerging.
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Phishing surge targets Gulf after Iran-Israel tensions

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Bitdefender reports a 130% jump in phishing and malware activity across Gulf markets, with fake invoices and banking lures driving attacks.
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APAC cybercrime rises 12% as synthetic fraud surges

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APAC cybercrime climbs as synthetic identity fraud accelerates, with desktop-browser attacks, login pressure and bot activity fuelling losses.
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Australian boards pressured to rush AI despite risks

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Australian boards and executives feel growing pressure to back AI projects despite security gaps, as new TrendAI research finds governance trailing adoption.
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Ransomware attacks fall as CL0P & The Gentlemen surge

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Qilin keeps top spot as ransomware incidents drop 8% in February, while CL0P and The Gentlemen post sharp gains and new AI risks emerge.
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Google closes Wiz deal & unveils AI security tools

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Google folds Wiz into its cloud security arm and launches AI-driven tools to counter rapidly evolving, automated cyber threats.
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CrowdStrike flags faster AI-driven cyber attacks worldwide

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AI-fuelled cyber attacks are spreading faster worldwide, CrowdStrike warns, as breakout times plummet and criminals weaponise mainstream tools.
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HPE Threat Labs spot industrialised cybercrime surge

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HPE Threat Labs warns cybercrime now runs like big business, as AI-fuelled, industrial-scale attacks hammer government and finance.