Industry News: Cyber | Australia (4)

Court Finds RI Advice Failed to Adequately Manage Cybersecurity Risks

2022-05-05

Money Management: The Federal Court has found Australian Financial Services licensee, RI Advice, breached its license obligations to act efficiently and fairly when it failed to have adequate risk management systems to manage its cybersecurity risks.

Cryptocurrency Has Overtaken Bank Transfers for Payments into Investment Scams: ACCC

2022-04-06

ZDNet: Losses from Australians to investment scams increased by 90% to AU$103 million from the start of the year to March 20, with the Australian Competition and Consumer Commission saying payments made to scammers are most often made in cryptocurrency.

Australia's Big Four Banks Tackling Cybersecurity with a Team Sport Mentality

2022-03-15

ZDNet: The chief security officers of Australia's big four banks have likened combating cybersecurity attacks to playing a team sport.

Hackers to Face 25 Years in Jail for Cyber Attacks on Australia's National Infrastructure

2022-02-17

IT Pro: Hackers could face up to 25 years in jail if found guilty of cyber offences against Australia’s critical infrastructure, under proposed changes introduced by the government.

Australia, UK to Jointly Target State-based Actors and Ransomware Groups

2022-01-20

IT News: Australia and the United Kingdom have signed a pact to crack down on state-based actors, ransomware groups and other "malign actors" that use cyber attacks to "undermine freedom and democracy".

Ethical Hackers and the Economics of Security Research

2021-11-22

Help New Security: Bugcrowd released a report which provides CIOs and CISOs valuable insight on ethical hackers and the economics of security research. New findings indicate a startling shift in the threat landscape with 8 out of 10 ethical hackers recently having identified a vulnerability they had never seen before.

Aussie Cyber Spies to Control Critical Infrastructure During Ransomware Attacks

2021-10-20

Coin Telegraph: Australia’s top cyber spies are set to gain greater powers in the event of ransomware or other cyber attacks on critical infrastructure.

New Cyber Offences for Targeting Key Infrastructure, Reporting of Ransomware Attacks Made Mandatory

2021-10-12

ABC News: Businesses hit by cyber attacks will be required to report the incidents to federal authorities, as new specific offences for criminals operating online are announced by the Federal Government.

‘Significant threat’: Cyber Attacks Increasingly Targeting Australia’s Critical Infrastructure

2021-09-14

The Guardian: A quarter of cyber incidents reported to Australian security officials over the past year have targeted critical infrastructure and essential services, including health care, food distribution and energy.

Cybercrime Bill to Rise During Pandemic

2021-07-21

EurekAlert!: A new study of almost 12,000 Australians has found one-third of the adult population has experienced pure cybercrime during their lifetime, with 14% reporting this disruption to network systems in the past 12 months.

Industry News: ESG5

Court Finds RI Advice Failed to Adequately Manage Cybersecurity Risks

2022-05-05

Cryptocurrency Has Overtaken Bank Transfers for Payments into Investment Scams: ACCC

2022-04-06

Australia's Big Four Banks Tackling Cybersecurity with a Team Sport Mentality

2022-03-15

Hackers to Face 25 Years in Jail for Cyber Attacks on Australia's National Infrastructure

2022-02-17

Australia, UK to Jointly Target State-based Actors and Ransomware Groups

2022-01-20

Ethical Hackers and the Economics of Security Research

2021-11-22

Aussie Cyber Spies to Control Critical Infrastructure During Ransomware Attacks

2021-10-20

New Cyber Offences for Targeting Key Infrastructure, Reporting of Ransomware Attacks Made Mandatory

2021-10-12

‘Significant threat’: Cyber Attacks Increasingly Targeting Australia’s Critical Infrastructure

2021-09-14

Cybercrime Bill to Rise During Pandemic

2021-07-21

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