Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The Australian Federal Police (AFP) have arrested four alleged members of an organized crime group known for carrying out business email compromise (BEC) attacks, BleepingComputer reports. The victims of the gang’s attacks lost between $2,500 and $500,000. “Four members of an alleged cyber criminal syndicate accused of money laundering $1.7 million in stolen cash from Australian and overseas victims have been charged in Brisbane, Adelaide and Melbourne,” the AFP said in a statement.

The latest Salt Labs State of API Security report is out, and we’re excited to share with you some of the key findings. The security industry news has frequently covered high-profile application programming interface (API) breaches over the past few years, so it’s no surprise that our research found that attackers have upped their activity. Salt Labs analyzed the past year of Salt customer data and found a 400% increase in unique attackers just over the last six months alone.

It’s no exaggeration to say that APIs are the backbone of the modern digital economy. API usage has seen staggering exponential growth over the last two decades with sources like Postman's 2022 State of the API Report illustrating just how embedded APIs are into our modern world. In 2022, the Postman API platform saw 20 million users and over 1 billion API requests created.

Over the past 24 hours, Cloudflare has observed HTTP DDoS attacks targeting university websites in Australia. Universities were the first of several groups publicly targeted by the pro-Russian hacker group Killnet and their affiliate AnonymousSudan, as revealed in a recent Telegram post. The threat actors called for additional attacks against 8 universities, 10 airports, and 8 hospital websites in Australia beginning on Tuesday, March 28.