Good news ! Hackbusters community is waiting for you !
KnowBe4 has been running the HackBusters site for a few years now, providing you with trending IT security news. We are expanding it and have launched a new exciting online community! The forum is divided into four main topics or categories: Social Engineering, Ransomware, Phishing and Security Awareness Training. You are invited to be one of the first to join us at:

Neobanks face cyber security struggle to match big banks - The Australian Financial Review


Mr Savvides said he worked with the largest banks in the region, as well as some of the emerging neobanks.

The Australian Financial Review sought the views of cyber security experts, after sources made contact to say that heavily backed neobank Judo, which raised $140 million in August, had only just implemented two-factor authentication on email accounts in late January.

This basic practice – whereby an individual needs more than just a password to log in – came after a director's email was hacked following a successful phishing attack.

Phishing attack

Emails seen by the Financial Review show an email was sent from the Judo address asking a potential customer to review a proposal for a new project on SharePoint and requesting they click on a link to access the "secure document".

Suspecting it was a phishing attack, the potential customer contacted the director directly alerting them. A response was then sent from the director's email address making a further attempt to get...(continued)

View All Trending Stories