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Australian data is being shared on the dark web

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The dark web is booming as millions of Australians have their data published online

Worrying new research has found the cyber black market is booming.

A new ABC investigation has found the highly sensitive personal data of millions of residents is being openly traded online.

The information being shared and sold includes logins for Australian Tax Office accounts, data of thousands of NDIS recipients, plus details of an alleged assault of a school student by their teacher.

Perhaps what’s even more concerning is the fact that all of this information and all of these personal details are being sold and can be purchased for as little as $1 – $10.

Unfortunately, this investigation confirms both the Medibank and Optus hacks represent just the tip of the iceberg when it comes to confidential information that has been recently stolen by cybercriminals.

At least 12 million Australians have had their data exposed by hackers in recent months and many remain unaware they are victims of an attack.

October’s Medibank hack by the Russian criminal group REvil was a clear example of just how devastating these types of data breaches can be – but it’s certainly not an isolated event.

Cyber attacks are happening every day and authorities are urging people to remain vigilant and ultimately be cyber smart.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Business

OpenAI to offer premium ChatGPT service

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OpenAI has announced a monthly plan that will give you priority access to the ChatGPT bot

ChatGPT Plus is set to cost $20/month, and allow a user the ability to use the chatbot even during peak times, where free users would have to wait.

The company also says the plan will give you “faster response times” and “priority access to new features and improvements.”

OpenAI will be sending out invitations for the service to people in the U.S. over the next few weeks, before expanding to other regions around the world.

This comes amid the company revealing that a mobile phone version of the chatbot is being developed.

Currently, it is only available as a computer program.

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Business

Meta stocks soar in ‘Year of Efficiency’

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Meta Platforms has announced a better-than-expected sales quarter, as well as a USD$40 billion stock buyback.

The parent of Instagram and Facebook cut its cost outlook for 2023 by $5 billion, and projected first-quarter sales that could beat Wall Street estimates.

Meta stock surged nearly 19% in after-hours trade.

Chief Executive Mark Zuckerberg described the focus on efficiency as part of the natural evolution of the company, calling it a “phase change” for an organisation that once lived by the motto “move fast and break things.”

“We just grew so quickly for like the first 18 years,” Zuckerberg said in a conference call. “It’s very hard to really crank on efficiency while you’re growing that quickly. I just think we’re in a different environment now.”

The cost cuts reflect Meta’s updated plans for lower data centre construction expenses this year.

In November, the company cut more than 11,000 jobs in response, a precursor to the tens of thousands of layoffs in the tech industry that followed.

“Our management theme for 2023 is the ‘Year of Efficiency’ and we are focused on becoming a stronger and more nimble organisation,” Zuckerberg said in a statement.

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Business

Meet the world’s first flying motorcycle

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One way to avoid peak hour traffic is by flying over it, and it may be more affordable than you think.

 
Jetpack Aviation is testing the first legal bike to cruise the skies at its California facilities.

Dubbed ‘the Speeder’, it has eight small, powerful jet engines allowing the aircraft to carry up to 600 pounds and fly at a maximum 60 miles per hour speed for about 30 minutes.

Multiple sensors throughout the aircraft are able to detect and automatically avoid any obstacles, including buildings and trees.

The tick of approval for the Speeder is still years away, but pre-orders have already begun, with prices starting at $381,000.

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