Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Australia vows cyber action after coordinated attack

Published

on

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.

Continue Reading

Tech

SpaceX funded flying car company boasts huge pre-orders

Published

on

Alef Aeronautics, a pioneering flying car company backed by SpaceX, has announced a significant milestone in its journey towards revolutionizing personal transportation.

The California-based firm revealed that preorders for its futuristic electric vertical takeoff and landing vehicle have surpassed 2,850, signaling robust demand for its innovative technology.

The Alef Model A, a two-seater flying car, has garnered widespread attention, with eager customers securing preorders by placing a $150 deposit online.

Alef aims to offer customers flexibility by allowing them to withdraw their deposits at any time, ensuring they’re not committed to the purchase.

Groundbreaking offering

With a planned price tag of $300,000 per vehicle, the cumulative order value from the preorders has exceeded $850 million, underscoring the significant market interest in Alef’s groundbreaking offering.

Jim Dukhovny, CEO of Alef Aeronautics, expressed pride in achieving this milestone, highlighting the Model A’s position as the bestselling aircraft in history, surpassing established aviation giants like Boeing and Airbus.

Despite the substantial investment required from prospective buyers, Dukhovny emphasized the necessity of the higher price point for Alef’s startup operations.

Alef is committed to delivering cutting-edge technology and ensuring the utmost safety and performance standards, factors that contribute to the pricing strategy.

The Alef Model A, showcased as a half-size model at the Mobile World Congress, distinguishes itself from competitors with its innovative design.

Unlike traditional eVTOLs, which often resemble drones or helicopters, the Model A bears a closer resemblance to a conventional car, with a mesh shell housing rotors that facilitate vertical takeoff and landing.

Continue Reading

Tech

Apple unveils M3 powered MacBook Air

Published

on

The unveiling includes updated models in both 13-inch and 15-inch variants, showcasing Apple’s continued innovation in the laptop market.

The M3 chip, initially introduced in October alongside versions for the iMac desktop and MacBook Pro laptops, aims to enhance performance and user experience across Apple’s product lineup.

The introduction of these new MacBook Air laptops comes as Apple reported $7.78 billion in Mac revenue during its fiscal first-quarter earnings, reflecting a modest growth of less than 1%. With the latest computers boasting advanced features and capabilities, Apple anticipates a potential boost in sales.

Key enhancements in the new MacBook Air lineup include sharper 1080p webcams, support for faster Wi-Fi networks, and an impressive battery life of up to 18 hours.

Apple CEO Tim Cook.

Design is consistent

Despite these improvements, the design of the laptops remains consistent with earlier models.

Notably, the M3 chip enables users to connect up to two external displays, a notable improvement from previous chip iterations which supported only a single screen.

Apple’s marketing strategy around artificial intelligence (AI) takes center stage with the new MacBook Air release.

The company brands the MacBook Air as the “world’s best consumer laptop for AI,” signaling a heightened focus on AI capabilities. This shift in language suggests Apple’s intent to compete with emerging Windows laptops marketed as “AI PCs.”

Continue Reading

Tech

Headache for Musk and Tesla as Chinese EV slashes prices

Published

on

China’s leading electric vehicle (EV) manufacturer BYD has unveiled a new version of its best-selling car at a price lower than its predecessor.

It signals a fierce price battle in the world’s largest automobile market.

In a bid to maintain its competitive edge, BYD has slashed prices for several models, following similar moves by rivals.

The price change represents a significant 12% reduction compared to the final sales price of its predecessor.

Analysts suggest that BYD’s aggressive pricing strategy aims not only to capture a larger share of the domestic market but also to enhance profitability through increased exports.

As competition intensifies and consumer preferences evolve, manufacturers like BYD are strategically adjusting their pricing strategies to remain competitive and sustain growth both at home and abroad.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2023 The Ticker Company