
James Coker
Deputy Editor at Infosecurity Magazine
Deputy Editor at Infosecurity Magazine https://t.co/1qfYoZuBta
Articles
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1 week ago |
infosecurity-magazine.com | James Coker
New ransomware payment reporting rules have come into effect in Australia from today (May 30), applying to all organizations with an annual turnover of AUS $3m ($1.93M). The provisions, outlined in Australia’s Cyber Security Act 2024, also apply to private companies that operate critical infrastructure assets in the country.
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1 week ago |
infosecurity-magazine.com | James Coker
The FBI has issued a warning about the illicit activities of a Philippines-based company, which provides technology infrastructure behind the majority of cryptocurrency investment fraud (CIF) scams in US. Funnull Technology Inc. (Funnull) provides hosting services and other internet infrastructure to a range of groups performing such scams. It does so by acquiring IP addresses and other facilities from legitimate providers in the US and selling them to cybercriminals.
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1 week ago |
infosecurity-magazine.com | James Coker
The UK Ministry of Defence (MoD) has announced a new Cyber and Electromagnetic Command and £1bn worth investment to boost the armed forces’ digital warfare capabilities. The new command will be in charge of defending UK military networks from rising cyber-attacks, and coordinate offensive cyber operations with the previously established National Cyber Force (NCF). It will be headed up by General Sir James Hockenhull.
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1 week ago |
infosecurity-magazine.com | James Coker
Cybersecurity teams have become a significant contributor to business growth, contributing a median value of $36m per enterprise initiative they are involved in. Despite this, the Ernst & Young (EY) survey of global security leaders found that cybersecurity budgets have declined by around half as a percentage of annual revenue in the past two years, from 1.1% to 0.6%. This suggests that many organizations do not yet recognize investing in cybersecurity as a value-creating opportunity.
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1 week ago |
infosecurity-magazine.com | James Coker
Over 90% of the world’s top email domains are vulnerable to spoofing, enabling cybercriminals to launch sophisticated phishing attacks, according to new research by EasyDMARC. The email authentication firm found that just 7.7% of the world’s top 1.8 million email domains have implemented the most stringent Domain-based Message Authentication, Reporting, and Conformance (DMARC) policy. This configuration, known as ‘p=reject’, actively blocks malicious emails from reaching inboxes.
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