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Online credit card fraud on the rise as cyber criminals become more sophisticated – 16 August 2017
The Australian Payments network has identified a significant increase in credit card fraud, particularly in “card not present” fraud. The report also details the use of “ghost terminals”, fake terminals not connected to a payment network that are used to ‘skim’ card details.
http://www.abc.net.au/news/2017-08-03/credit-card-fraud-on-the-rise/8769944
Turnbull plans law to force tech giants to decrypt messages – 15 August 2017
The Australian federal government has announced the proposal of a new law, forcing global tech giants to assist police by unscrambling encrypted messages sent by suspected extremists and other criminals. The bill is expected to be introduced at Parliament by November this year.
Ransomware victims payout almost $32 Million over the last two years, a study has found – 13 August 2017
Researchers at Google, Chainalysis, The University of San Diego and New York University’s Tandon School of Engineering have recently revealed the monetary cost of ransomware attacks. The study identifies a strain named “Locky” as the most financially devastating, but also references more common strains such as Petya and WannaCry.
Hackers linked to ransomware attack issue new demand – 11 August 2017
A demand for 100 Bitcoins (approx. AUD$439,995) has been published in the dark web following a ransomware attack that devastated over 16,000 computers in 64 countries. In return for the payment, the hackers promise a private security key that could decrypt files that have been locked by the Petya/Goldeneye malware.
https://www.news-mail.com.au/news/hackers-linked-ransomware-attack-issue-new-demand/3197266/
