Commonwealth Bank customers have been targeted by phishers in a scam that combines a clever social engineering lure sent over instant messaging application ICQ.
The Australia and New Zealand Banking Group (ANZ) will replace its online banking system later this year in an attempt to improve security and add new functionality.
The threat from phishing attacks is growing as broadband penetration in China increases, say security companies, with the problem being compounded by an alarming increase in the amount of software kits available for download that will facilitate the process.
Spammers have started using Microsoft's MSN blogging service to host malicious content used during spam and virus onslaughts, Internet security firm SurfControl said.
Yahoo's free instant messaging (IM) service is being targeted by phishers in an attempt to steal usernames, passwords and other personal information.
Cybercrime potentially costs Australian businesses millions in unrealised profits and exposes organisations to significant risk but very few victims will admit to being "mugged".
Just pause before you forward that e-mail joke or petition to your friends and colleagues. You will probably find you are straining the relationship.
With 90 percent of Australian companies' intellectual capital held in digital format, significant destruction can caused by employees, yet they continue to be overlooked as an IT security threat.
There's no shortage of tools to monitor and filter employees' use of the Internet and IT resources. But can blocking really save money?
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