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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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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Paris Olympics insurers are worried over possible AI-driven cyber attacks

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Insurers are increasingly concerned about potential losses due to militant attacks and AI-driven cyber hacks during the upcoming Paris Olympics.

The upcoming global sports event poses significant financial risks for insurers, who fear substantial payouts in case of terrorist incidents or sophisticated cyber breaches.

Dr. Karen Sutherland from the UniSC join to share all the latest. #featured

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Renowned actor Nicolas Cage faces off against AI, expresses fear of digital duplicates

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Cage, now aged 60, highlighted worries about losing control over how his image might be used in future technologies.

During a interview with The New Yorker, The renowned actor, known for his diverse roles, including in “Face/Off” and “National Treasure,” revealed his concerns about the ethical implications of AI recreating his persona.

“They’re just going to steal my body and do whatever they want with it via digital AI. God, I hope not AI. I’m terrified of that. I’ve been very vocal about it.”

Tom Finnigan from Talkingbrands.ai joins to discuss. #featured

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