Aug 06, 2024Ravie LakshmananEmail Security / Financial Fraud INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of … [Read more...] about INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore
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Modernizing the Security of Australia’s Largest Fuel Network
Ampol has been Australia’s leading transport fuel company since 1900. What began over 125 years ago is now an organization that powers a country, operating 1,500 retail stores and stations across ANZ, plus 89 depots for refining and importing fuels and lubricants, and 8,200 employees throughout Australia, New Zealand, the United States, and Singapore. And while Ampol’s history … [Read more...] about Modernizing the Security of Australia’s Largest Fuel Network
Cloudflare mitigated one of the largest DDoS attack involving 17.2 million rps
Web infrastructure and website security company Cloudflare on Thursday disclosed that it mitigated the largest ever volumetric distributed denial of service (DDoS) attack recorded to date. The attack, launched via a Mirai botnet, is said to have targeted an unnamed customer in the financial industry last month. "Within seconds, the botnet bombarded the Cloudflare edge with over … [Read more...] about Cloudflare mitigated one of the largest DDoS attack involving 17.2 million rps
Ransomware Cyber Attack Forced the Largest U.S. Fuel Pipeline to Shut Down
Colonial Pipeline, which carries 45% of the fuel consumed on the U.S. East Coast, on Saturday said it halted operations due to a ransomware attack, once again demonstrating how infrastructure is vulnerable to cyberattacks. "On May 7, the Colonial Pipeline Company learned it was the victim of a cybersecurity attack," the company said in a statement posted on its website. "We … [Read more...] about Ransomware Cyber Attack Forced the Largest U.S. Fuel Pipeline to Shut Down
Feds Shut Down Largest Dark Web Child Abuse Site; South Korean Admin Arrested
The United States Department of Justice said today that they had arrested hundreds of criminals in a global crackdown after taking down the largest known child porn site on the dark web and tracing payments made in bitcoins.With an international coalition of law enforcement agencies, federal officials have arrested the administrator of the child sexual abuse site, 23-year-old … [Read more...] about Feds Shut Down Largest Dark Web Child Abuse Site; South Korean Admin Arrested
Cisco Security Supporting NATO’s Largest Cybersecurity Conference
NIAS is NATO’s largest cyber security conference and provides an opportunity for NATO and government leaders, defence and cybersecurity specialists to discuss needs and priorities and effective cyber security solutions. NATO’s mission is to protect the freedom of its members. It has innovated and adapted itself to ensure its policies, capabilities and structures meet current … [Read more...] about Cisco Security Supporting NATO’s Largest Cybersecurity Conference