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Tech

Australia vows cyber action after coordinated attack

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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.

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Why every business needs end-to-end observability

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In today’s fast-paced business landscape, organisations often grapple with complex IT systems which hinder operational efficiency.

To overcome the IT system shock, selecting the right vendor partner is crucial – as such, opting for end-to-end “observability” could be the right IT solution.

Observability provides comprehensive insights into every layer of the IT ecosystem to help businesses eliminate tool sprawl and enable proactive maintenance, optimised resource utilisation, and streamlined operations.

Rahul Tabeck, regional sales director ANZ at SolarWinds joins to celebrate the 25th anniversary of SolarWinds and discuss the changes the company has witnessed during their quarter of a century in the IT sector.

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How Google’s Gemini AI will stand against cyber threats

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AI takes centre stage at the RSA 2024 conference with Google unveiling advanced cybersecurity integration.

Among the myriad of announcements at this years RSA Conference, Google showcased the integration of an advanced Threat Intelligence Platform into its Gemini AI framework.

Tom Finnigan from Talkingbrands.ai joins from the RSA Conference to discuss. #featured #trending

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Can AI revolutionise the fashion industry?

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OpenAI took centre stage at this year’s Met Gala exhibition, offering a glimpse into the future of fashion and innovation.

This years exhibition theme “Sleeping Beauties: Reawakening Fashion,” will include a chatbot linked to a 1930s wedding gown worn by New York socialite Natalie Potter.

Powered by OpenAI’s GPT-4, the chatbot embodies Potter, answering visitors’ questions about her life and the dress.

Karen Sutherland from the the University of the Sunshine Coast joins to discuss. #featured #trending

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