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CSO: A cybersecurity self-assessment of 697 Australian organizations revealed 58% have limited or no capability to protect confidential information adequately.
The Guardian: Microsoft says it will invest an additional $5 billion in Australia over the next two years to expand hyperscale cloud computing capacity while collaborating with the Australian Signals Directorate (ASD) to boost domestic protection from cyber threats.
CSO: The Australian federal government has approved amendments to the Protective Security Policy Framework (PSPF) to mandate non-corporate Commonwealth entities to appoint a CISO to be responsible for cyber security leadership in the entity.
US News: Australian Perpetual confirmed an extended tech outage over an IT security incident, affecting some of its funds, though the fund manager reaffirmed that all its client investments and its own systems were unaffected and secure.
XM: Australia's TechnologyOne Ltd TNE.AX said it had detected an unauthorised third-party access to its back-office systems, becoming the latest target in a series of cyber attacks that has bogged companies in the country since last year.
Cointelegraph: The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand.
BNN Bloomberg: Australia’s financial institutions must improve their resilience to cyberattacks, the head of the nation’s banking regulator said.
The Guardian: Latitude Financial has revealed that 14m customer records – including driver’s licence numbers, passport numbers and financial statements – were stolen from its system in a cyber-attack that was far worse than the company initially reported.
U.S News: The Australian government on Monday said it planned to overhaul its cyber security rules and set up an agency to oversee government investment in the field and help coordinate responses to hacker attacks.
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