Cyber Signals: Inside the growing risk of gift card fraud

Multifactor authentication Security operations In the ever-evolving landscape of cyberthreats, staying ahead of malicious actors is a constant challenge. Microsoft Threat Intelligence has observed that gift cards are attractive targets for fraud and social engineering practices. Unlike credit or debit Read More …

Bank of Russia reports rising number of cyber attacks on financial infrastructure

The Bank of Russia reported an increase in the number of attacks on suppliers of various IT solutions used in the financial market, the regulator said in its report. “It is particularly noteworthy that attacks on third parties – suppliers Read More …

Optus sued by regulator over 2022 cyber-attack

Australia’s Communications and Media Authority (ACMA) has begun legal action against Optus, the country’s second largest telco, over a data breach it suffered in 2022. The watchdog has filed legal proceedings to the Federal Court, alleging that Optus “failed to Read More …

Attacks by politically motivated hackers on Russia turning into terrorism

Attacks by politically motivated hackers against Russia have morphed into acts of terrorism as they involve intimidation and threats of physical harm, Head of Solar’s security operations center Solar JSOC, Vladimir Dryukov said. “Of particular concern is the issue of Read More …

London council warns residents’ data may have been compromised by cyber attack on healthcare provider

A London council has warned residents their personal data may have been compromised after a healthcare provider was hit by a cyber attack. The City of London Corporation said it is working with NRS Healthcare to understand the extent of Read More …

Patriot Mobile Suffers Data Breach Impacting Subscriber’s Personal Data

U.S. mobile service provider Patriot Mobile fell victim to a security incident resulting in the leak of subscriber details including names, email addresses, zip codes, and account PINs, as reported by TechCrunch. The operator, Patriot Mobile, which boasts itself as Read More …

23-year-old man accused of running $100 million online narcotics marketplace

Federal authorities have arrested a 23-year-old Taiwanese national and charged him with running an online market that sold $100 million worth of illicit narcotics, including fentanyl, cocaine, methamphetamine, heroin, LSD, and ketamine. The authorities said that for almost four years, Read More …

Western Sydney University staff, students caught in cyber attack

About 7500 staff and students have been caught up in a massive cyber attack at Western Sydney University. Police are investigating the breach, which the university says dates as far back as May 2023, when an unauthorised party got into Read More …

Deepfake video conference sees criminals escape with US$25 million

In February, a multinational company’s finance team member in Hong Kong made headlines after he transmitted HK$200 million (US$25 million) to cybercriminals who pretended to be the chief financial officer and other colleagues, using deepfake technology, in what the worker Read More …