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Industry News: ESG5

    Major Cyber Breach in Finance Inevitable: APRA

    2020-11-26

    Investor Daily: The prudential regulator has unveiled its cyber-security strategy for 2020-24, which seeks to lift security standards and introduce higher accountability where companies fail to meet their requirements. 

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    Cyberattack Strikes Media-monitoring Company Used By Australian Government

    2020-10-27

    The Guardian: Isentia, which boasts it has “most government departments and large corporations” as clients in Australia, told the Australian Stock Exchange on Tuesday it is “urgently investigating a cybersecurity incident” that was “disrupting services” involving its media portal – a service customers use to see media reporting on them, or issues of interest to them, and find journalists.

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    Parliament Beefs Up Cyber Security After Two Major Attacks in 2019

    2020-10-15

    The Sydney Morning Herald: Politicians and their staff face stricter rules around use of personal phones on parliamentary networks as it emerged a state actor was the likely culprit behind a second major cyber attack in 2019.

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    PwC Australia Creates Central Cyber Security, Digital Trust Team

    2020-10-08

    IT News: PwC Australia has created a new business unit bringing together cyber, digital trust and digital law teams from across the firm to bolster the services it offers clients navigating the cyber security and regulatory landscape.

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    Macquarie, CBA Face Fresh Money Laundering Scrutiny After Data Leak

    2020-09-21

    The Sydney Morning Herald: Macquarie Group and Commonwealth Bank are facing fresh scrutiny of their oversight of anti-money laundering laws after it emerged that overseas banks had reported close to $US167 million ($230m) of potential dirty money transactions flowing through the two Australian banks.

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    Cyber Attacks on Australia Blurring the Lines Between Peace and War, Defence Minister Says

    2020-09-03

    ABC: Foreign government cyber-attacks on Australia have increased further since June, when Prime Minister Scott Morrison revealed Australian organisations were under sustained digital assault.

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    Investigators to Get New Dark Web Powers

    20202-08-05

    Yahoo News: Federal police and organised crime investigators will be empowered to kick down the digital door of criminals hiding in the dark web under a $1.7 billion government cyber security strategy.

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    Australian Industry Panel Calls for ‘Clear Consequences’ of Cyber Attacks

    2020-07-21

    Computer weekly: An industry panel appointed by the Australian government to provide inputs on the country’s 2020 cyber security strategy has called for clear consequences for cyber attacks targeted at Australia, among other recommendations.

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    NAB Subsidiary Medfin was Targeted in Cyber Attack on 14 June

    2020-07-03

    IT Wire: Medfin, a subsidiary of the National Australia Bank that works with healthcare professionals, was hit by an attempted cyber attack on 14 June, the company's chief executive Paul Freeman says.

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    Cybersecurity Spending Gets $1.35 Billion Boost in Wake of Online Attacks Against Australia

    2020-06-30

    ABC News: The Federal Government wants to create more than 500 new jobs in its highly secretive cyber intelligence agency as part of what it says is Australia's largest-ever investment in cybersecurity.

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