Tag:cybercrime threats

1
Critical Vulnerability: Vulnerability in Widely Used Open Source Software is Discovered
2
First reported death connected to misfired ransomware attack on German hospital
3
Zooming In: “Zoom’s” Significant Privacy and Data Security Risks brought to Light Again (and Again)
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Could your ERP system make you a victim of cybercrime?
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Interlopers in Things? IoT devices may be used as backdoors to your network
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Is Microsoft giving us a window to our personal data?
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US, Russia and China don’t pledge to fight cybercrime
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2018 Trends in Cyber-crimes so far…
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Cyber-criminals outspend organisations more than 10 times in bid to find cybersecurity weaknesses – who says cyber-crime doesn’t pay?
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Research reports say risks to smartphone security aren’t phoney

Critical Vulnerability: Vulnerability in Widely Used Open Source Software is Discovered

By Cameron Abbott, Rob Pulham, Max Evans and Ella Krygier

A critical security vulnerability has been discovered in Apache Log4j, an open-source logging library used by many popular Java applications to provide logging functionality for troubleshooting purposes, according to the Australian Cyber Security Centre (ACSC).

The software’s vulnerability, known as Log4Shell, allows for remote code execution, which, if left unfixed, could allow cybercriminals to take control of IT systems, steal personal data, passwords and files, and install backdoors for future access, simply by adding an additional line of arbitrary code. According to the ACSC, malicious cyber actors have used this vulnerability to target and compromise IT systems globally and in Australia, which led the ACSC to publish advice on mitigation and detection recommendations.

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First reported death connected to misfired ransomware attack on German hospital

By Cameron Abbott and Keely O’Dowd

News reports have surfaced that a woman in Germany has died due to a delay in receiving medical care. What is most concerning about this death is the circumstances in which the woman tragically passed away.

According to reports, the woman needed urgent medical treatment and the hospital she presented to, Duesseldorf University Hospital, was unable to admit her as it was dealing with a ransomware attack.

The hackers exploited a vulnerability in a widely used commercial add-on software. This attack caused a failure in the hospital’s IT systems resulting in it being unable to access data and diverting emergency patients elsewhere. The woman was redirected to a hospital approximately 30km away from Duesseldorf University Hospital, which led to a delay in the woman receiving treatment. Unfortunately the delay proved fatal and the women passed away before she could be treated.

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Zooming In: “Zoom’s” Significant Privacy and Data Security Risks brought to Light Again (and Again)

By Cameron Abbott, Warwick Andersen, Rob Pulham, Allison Wallace and Max Evans

It hasn’t even been 10 days since our previous Blog on Zoom, which highlighted a number of privacy and data security issues prevalent in the use of the popular telecommunications software, and already further privacy issues have been alleged. Let’s put these allegations under the magnifying glass:

Disclosure to Facebook: Even If You don’t have an Account

Firstly, Vice reports that the iOS version of the Zoom app transfers analytics data to Facebook, even if Zoom users don’t have a Facebook account, without disclosing as such in its Privacy Policy.

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Could your ERP system make you a victim of cybercrime?

By Cameron Abbott and Allison Wallace

We frequently blog here about incidents where companies, government agencies or public have suffered data or security breaches at the hands of hackers. They’re often incidents that come to light because they affect the public in some way – by shutting down hospitals, exposing sensitive personal information, or threatening government security. But what about hacks that, while not having wide-reaching public implications, go to the core of a business’ operations?

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Interlopers in Things? IoT devices may be used as backdoors to your network

By Cameron Abbott and Karla Hodgson

This month Microsoft reported that its Threat Intelligence Center discovered that IoT (internet of things) devices – a VOIP phone, a printer and a video decoder – were used to gain access to corporate networks in April.

Microsoft have identified Strontium – also known as Fancy Bear or APT28 – as the culprit, a hacker group associated with the Russian government who appear to be targeting government, IT, military and defence, engineering, medical and education sectors. Strontium has been linked to the hacking of Hillary Clinton’s presidential election campaign and of the email accounts of researchers investigating the missile strike on MH17 and the Skripal poisonings. In the last 12 months alone Microsoft has delivered almost 1,400 notifications to those targeted or compromised by Strontium.

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Is Microsoft giving us a window to our personal data?

By Cameron Abbott and Allison Wallace

We often blog on this page about personal information being breached, data being hacked, systems being compromised – and tell cautionary tales of the difficulties businesses can experience if they experience a data breach.

So what if there was a good news story? A way to know what information there is out there about you, so that if it is compromised, you can take control? Microsoft may just be working on such a solution.

Multiple websites (see here and here) have now reported on Microsoft’s “Project Bali” – which, although still in a private testing phase is accessible to a lucky few, by invite only.

The Project Bali website reportedly describes the tech giant’s project as “a new personal data bank which puts users in control of all data collected about them” and will allow users to “store all data (raw and inferred) generated by them ..[and] to visualise, manage, control, share and monetise the data”.

It is reported that the project was borne from a Microsoft Research paper in 2014 that delved into the concept of “Inverse Privacy” – allowing consumers to access the data that any given business holds about them, increasing transparency, something consumers value.

In theory, Project Bali seems like a good antidote to the increasing number of privacy incursions we are seeing (such as this and this). However, whether the idea is commercialised and becomes publicly available, only time will tell. We will keep you posted.

US, Russia and China don’t pledge to fight cybercrime

By Cameron Abbott and Wendy Mansell

Fifty countries including Japan, Canada and many EU nations have come together with over 150 tech companies, pledging to fight against cybercrime. United State’s tech giants such as Facebook, Google and Microsoft have also joined the party.

The United States, Russia and China however have decided not to sign on. Each has no doubt very different reasons for this – the disappointment is mostly directed to the US. However it is a shame that Russia and China did not also feel the weight of the international community pressure to accept these principles.

The effort to combat cybercrime is being led by France, with French President Emmanuel Macron claiming that it is urgent that the internet is better regulated.

The countries and companies involved are fighting against illegal online activity like censorship, cyber interference in elections, hate speech and trade secrets theft.

The pledge has been made in a document titled the “Paris call for trust and security in cyberspace”.

2018 Trends in Cyber-crimes so far…

By Cameron Abbott and Colette Légeret

The first half of 2018 has been busy for cyber-criminals and cyber-security alike. According to Trend Micro, cryptocurrency mining detections have jumped 96% in this six month period compared to the total number detected in 2017.

In that same time, over 20 billion threats were blocked by Trend Micro’s Infrastructure, a few billion threats less than in the first half of 2017. Of these threats, less were “spray and pay” ransomware attacks and breaches, as cyber-criminals are flying under the radar with crypto-jacking, along with fileless, macro and small file malware techniques.

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Cyber-criminals outspend organisations more than 10 times in bid to find cybersecurity weaknesses – who says cyber-crime doesn’t pay?

By Cameron AbbottRob Pulham and Colette Légeret

Cyber attackers are able to search for that one weak link in corporations defences whereas corporates have to create a completely strong chain of defence against every possible scenario.  This asymmetrical fight would you think mean organisations would have to outspend attackers by many multiples.

However, according to software company, Carbon Black, the situation is worse than that because it appears that cyber criminals are outspending corporation!  Cyber-crime is big business, and as such, cyber-criminals are spending an estimated $1 trillion each year on finding weaknesses in the cyber defences of organisations and developing new ways of attacking them, in comparison to the $96 billion spent by organisations in an attempt to secure themselves from these cyber-attacks.

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Research reports say risks to smartphone security aren’t phoney

By Rob Pulham, Warwick Andersen and Sarah Goegan

Beware! Your favourite apps may be putting your phone and data at risk. Reports from Allot and BitSight have examined rising threats to the security of our mobile devices.

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