It’s been a mixed year for the financial services sector. Some companies have seen increased demand for their services, while others have struggled to deal with the downturn in mortgage deals and reduced consumer spending.

Identified as targeting cryptocurrency users through nefarious cross-platform applications, a remote access trojan (RAT) dubbed 'ElectroRAT' has recently been in the headlines following an investigation into the threat by researchers at Intezer.

Almost exactly a year ago, cybersecurity professionals were locked in a heated debate about insurance. While some were keen to point out that the future of the industry would need to include some form of insurance market, others argued that cyber insurance would never be worth the premiums, especially given the inherently volatile nature of cybersecurity. The pandemic has changed all of that.

With exponential growth of businesses utilising technology in recent years, information security has increased its importance justifiably. We cover top principles of information security, importance of security policies and steps to improve security within an organisation.

It’s the time of year when many of us will be taking a well-deserved break, but unfortunately for consumers and organisations, cyber criminals don’t take holidays. A year of unprecedented alarm and uncertainty, coupled with the growing sophistication of cybercriminals, has nurtured the perfect breeding ground for online scams, which according to the Australian Competition and Consumer Commission (ACCC) have jumped a staggering 42% this year—with nearly AU$7 million lost.1

The array of phishing vectors used by attackers is constantly expanding. On a daily basis we observe numerous different phishing themes such as voicemails, fake invoices and documents requiring signing. Recently, we have seen more topical themes such as US elections, COVID-19 and Brexit.

A selection of this week’s more interesting vulnerability disclosures and cyber security news. For a daily selection see our twitter feed at #ionCube24. A heavy heap of horror for some WordPress users surfaced. Do check them out pronto.