Tag: cyber crime
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Microsoft blames Ukrainian tax software for Petya cyber attack
The global cyber attack, presenting itself as a ransomware virus known as ‘Petya’, that has struck numerous multinational corporations in the last 24 hours, and threatened the destruction of their data, is being attributed to faults in a Ukrainian tax software package. The software, provided by Ukrainian developers MeDoc, has been identified by cyber security firms,…
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ACCC reports 30% rise in cyber crime and online scams
The Australian Competition and Consumer Commission (ACCC) has claimed that reported business scams and cyber crime relating to scams rose by around 30% in 2016, leading to greater concerns about online security and the targeting of businesses. The Commission’s Scamwatch program had reported the rise in the number of businesses being subjected to fake invoices and payment…