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FourthSource: Marketers have turned on the taps with unprecedented online spending. eMarketer reports that for the first time digital ad spending in the US will exceed traditional ad spending, while by 2023, digital will surpass two-thirds of total media spending. The big winners are being crowned — not least Google (responsible for 38% of digital online spending); Facebook (21%) and rising star Amazon (7%)...
ZdNet: Banking Trojans are popular in cybercriminal schemes given the valuable data and financial service credentials they can steal in successful cyberattacks. Banks find themselves a constant target for relentless attacks against their apps and infrastructure. Their names, too, are abused by threat actors which use them in phishing campaigns and through copycat malicious domains designed to dupe customers into handing over their account credentials...
The target: Cathay Pacific Airlines, a Hong Kong airline.
The take: Personal information including names, dates of birth, addresses, and some passport numbers and e-mail address for 9.4 million clients.
The attack vector: It’s believed that vulnerabilities were discovered and exploited due to poor planning and a failure to adapt security practices and postures during a transition from legacy IT systems to cloud-based infrastructure.
CNet: An Australian man has been arrested after allegedly raking in an estimated AU$300,000 ($211,000) selling stolen login details online. The man was allegedly behind the website WickedGen.com, which boasted that it had 120,000 users and sold Netflix, Spotify and Hulu logins stolen from almost 1 million accounts...
BankInfoSecurity: Citrix Systems says it's investigating an apparent penetration of its network and theft of business documents by hackers. The technology giant, which is based in Fort Lauderdale, Florida, says it was alerted to the suspected intrusion on Wednesday by the FBI and that it has launched a digital forensic investigation...
FinNews: The number of cyber attacks more than doubled last year. The attackers have also become much more aggressive in their approach and developed a strong will to persist with their campaigns. Cyber attacks on financial services firms that aimed to harm their infrastructure increased by 160 percent on a global scale over the past twelve months, according to Carbon Black and Optiv Security, two cyber security firms...
EuropeanUnion: The EU is stepping up its capacity to protect Europe against ever-increasing cyber threats by creating a new structure to pool and network its expertise in cybersecurity research, technology and industrial development. Today, the Council's Permanent Representatives Committee granted the Romanian presidency a mandate to start talks with the European Parliament on establishing a top knowledge base for cybersecurity called the European Cybersecurity Industrial...
MaltaToday: A confidential IT security report seen by MaltaToday shows that HSBC Malta was targeted by the hacking group EmpireMonkey months in advance before their successful hacking of Bank of Valletta.The group carried out a €13 million heist from the bank on 13 February, which led BOV to temporarily take its services offline...
SydneyMorningHerald: Foreign Minister Marise Payne has warned that the internet and cyber security are now so central to modern nations that serious hacking incidents could escalate into war. Senator Payne, during an address to the Lowy Institute in Sydney, noted that Australia had recently suffered its own serious assault on democratic institutions in the form of hack attacks on Parliament and the major political parties...
NikkeiAsianReview: Japan will work with dozens of other countries and organizations to create the Asia-Pacific's first alliance to fight cyberattacks, hoping to enhance the region's cybersecurity by enlisting Russia and China, Nikkei has learned. The move will involve members of the ASEAN Regional Forum, which includes Japan, the U.S., the E.U...
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