Australian Federal Police claw back $45m lost to BEC scammers – Security
The Australian Federal Police has claimed some success in thwarting in-progress business email compromise (BEC) scams, in cases where the incident is disclosed inside the…
Category: ITnews
Intel hit with EU antitrust fine – Hardware
Intel was fined 376 million euros ($621 million) on Friday in an EU antitrust case stemming from actions the U.S. chipmaker took between 2002 and…
‘Power, influence, notoriety’: The hackers who struck MGM, Caesars – Security
About a year ago, the US security firm Palo Alto Networks began to hear from a flurry of companies that had been hacked in ways…
Cisco to buy Splunk for US$28 billion – Software – Networking
Cisco Systems has agreed to buy Splunk for about US$28 billion ($43.6 billion) in its biggest-ever deal to strengthen its software business and capitalise on…
Optus presses government to act on streaming traffic costs – Telco/ISP
Optus is now pressing its case for content streamers to financially contribute to its network costs through a parliamentary inquiry into the “influence of international…
QLD Police builds cloud-enabled search and prediction tools – Cloud – Software – Storage
Queensland Police Service (QPS) has credited cloud adoption for enabling it to procure capabilities like facial recognition technology, crime prediction models and tools for seamlessly…
Microsoft announces unified AI assistant, new Surface devices – Hardware
Microsoft has announced a “unified” artificial intelligence (AI) for its Windows 11 platform and four new Surface devices, upping the appeal of its products spruced…
ANZ Institutional folds generative AI into intelligence-gathering tool – Finance – Cloud – Software
ANZ Institutional has incorporated generative AI into a business intelligence tool used by frontline bankers to stay abreast of market developments. Cloud capability lead Sally…
Medibank incurred $7.5 million in direct tech costs after cyber attack – Security
Medibank has revealed a breakdown of its $46.4 million data breach expense amount incurred after a high-profile cyber incident last year. In the health insurer’s 2023…
ASIC sues crypto exchange – Finance
Australia’s corporate regulator has initiated civil proceedings against Bit Trade, provider of the Kraken crypto exchange to Australian customers, for failing to comply with design…
Department of Climate Change, Energy, the Environment and Water to set up own IT – Strategy
The Department of Climate Change, Energy, the Environment and Water (DCCEEW) is set to move off a shared services IT arrangement over the next two…
MGM hotels, casinos ‘operating normally’ after cyber attack – Security
MGM Resorts said all its hotels and casinos were “operating normally” after it shut down some of its computer systems over cyber security issues earlier…