Cyber Threats

When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex in August, they stole about $US70 million worth of the virtual currency. The theft – the second largest by an exchange since hackers took roughly $US350 million in bitcoins at Tokyo’s MtGox exchange in early 2014 – is hardly a rare occurrence […]

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But one issue ASX, like other companies, is struggling with is identifying quality staff. This is “one of the major challenges that we have,” she said. Ms Armour said boards of directors might need to amend their hiring practices. While it would depend on the nature of each company, “perhaps strategic technology skills are an […]

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When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex in August, they stole about $US70 million worth of the virtual currency. The theft – the second largest by an exchange since hackers took roughly $US350 million in bitcoins at Tokyo’s MtGox exchange in early 2014 – is hardly a rare occurrence […]

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Two of the most insidious myths about cybersecurity are that most threats originate outside an organization – Russian hackers, for example – and that it is an IT problem. Amie Taal, a cybersecurity expert with Deutsche Bank, Jenny Le, who runs operations for e-discovery provider FRONTEO, and James A. Sherer, chair of BakerHostetler’s information governance […]

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Robert Half says the increase in cyber-attacks faced by Australian businesses and organisations are growing, with 64% of Australian CIOs saying that the number of detected security threats has increased compared with 12 months ago. According to IT leaders surveyed, the top three cyber-security risks facing their organisations in the next five years are spying/ransomware […]

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Remarks as delivered. Good morning everybody. Thank you for the introduction. Thank you for the opportunity to share some thoughts with you. Let me start by thanking Symantec for putting this event on for the 13th year, and for the work you do—and the attendees do—to keep so many of us safe from the threats […]

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The Permanent Secretary (PS) in the Ministry of Works, Transport and Communication, Prof Faustin Kamuzora, said yesterday in Dar es Salaam that developed countries through ITU have contributed the funds to help support nations and institutions that stand a better chance to fight the threat. He said cyber crime costs various countries and companies US […]

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