Tech

Australia vows cyber action after coordinated attack

Published

2 years ago

January 17, 2024

Thousands of Australian online shoppers have become victims of a hacking scam that targeted several prominent brands.

Australian Prime Minister Anthony Albanese has pledged to explore all possible measures to safeguard businesses against such scams following the breach, which resulted in the theft of credit card information from thousands of customers.

Large businesses, including popular brands like Dan Murphy’s, Binge, Event Cinemas, and Guzman Y Gomez, fell victim to cybercriminals who fraudulently accessed the online accounts of numerous customers over recent months.

Ticker’s Top 10 cybersecurity tips for safeguarding your business

The hackers acquired stolen login details from overseas cybercriminals, using them to make unauthorised online purchases that amounted to thousands of dollars.

The affected customers had either stored their credit card information on company websites or possessed gift cards and store credit for online transactions.

Australian PM Anthony Albanese vows action against cyber criminals.

Significant threat

Prime Minister Albanese emphasised that cybercrime presents a significant threat to Australia’s economic security and called it a “scourge.” He expressed deep concern for the vulnerable individuals who have been deceived while acting in good faith and stressed the need to protect them.

The cybercriminals boasted about using unsuspecting Australians’ money to purchase iPhones, clothing, and nearly $800 worth of alcohol in online chat rooms.

In addition to Guzman Y Gomez, other major online retailers such as The Iconic were also affected by the attack, known as ‘credential stuffing.’

This technique involves hackers using previously stolen passwords from one website to gain unauthorized access to other platforms.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Published

5 days ago

February 27, 2026

Harvey Vargas

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation

Tech

Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Published

6 days ago

February 27, 2026

Harvey Vargas

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Tech

Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Published

6 days ago

February 27, 2026

Harvey Vargas

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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