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Industry News: ESG5

    Coronavirus Cyber Attackers Going After Hospitals

    2020-05-20

    The Sydney Morning Herald: Cyber attackers, including foreign governments, are taking advantage of the coronavirus pandemic to try to hack the computer systems of hospitals and medical services, the Australian government has warned.

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    150 People Lose Up to $10,000 of Super in Fraud

    Federal Police Commissioner Reece Kershaw said a cybercrime team was investigating the fraud, which came to light on April 30.

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    ACSC Called in on 427 Fed Govt Security Incidents Last Year

    2020-04-14

    IT News: A report on the ‘Commonwealth cyber security posture in 2019’ [pdf], released as Australia headed into the Easter weekend, provided a detailed breakdown of incidents that impacted Commonwealth (or federal) entities last calendar year, though it does not disclose which entities were victims.

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    Australian Banks Targeted by DDoS Extortionists

    2020-02-25

    ZDNet: A threat group has been emailing victims with threats to carry out distributed denial of service (DDoS) attacks unless the organizations pay hefty ransom fees in the Monero (XMR) cryptocurrency.

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    Pyne Under Fire for Comments About Cyber Attack on Parliament

    2020-02-06

    The Sydney Morning Herald: Speaker of the House of Representatives Tony Smith condemned Mr Pyne's comments about the hack on Parliament's computer network in January 2019, saying any suggestion the public had been kept in the dark about the extent of the hack was "false".

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    Sydney Man Allegedly Stole Identities to Net $11M from Life Savings, Superannuation

    2020-02-06

    The Sydney morning Herald: A 31-year-old man has been charged over an $11 million cyber fraud in which he allegedly obtained the financial profiles and identities of more than 80 people to create fraudulent bank accounts and steal from their savings and superannuation accounts.

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    ASIC says Cybersecurity Risk Management is Improving in Aussie Financial Market

    2019-12-18

    ZDNet: Awareness and management of cybersecurity risk is improving in Australia's financial market, said the Australian Securities and Investments Commission (ASIC), but there is still room for improvement across the entire sector.

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    Renewed Calls for Dedicated Australian Cyber Minister and Cyber Leadership

    2019-11-25

    ZDNet: The Australian government should reinstate the position of Minister for Cybersecurity, according to multiple public submissions to the review of the nation's Cyber Security Strategy 2020.

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    More Data Breaches: Aussie Banks to Cop New Warning

    2019-11-11

    Channel News: Australian banks have received a warning from the nation‘s peak financial regulator to improve their poor “cyber hygiene”, following revelations that there have been some 36 significant data breaches in just four months.

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    Super Fund Merger Mania Could Risk Members’ Data

    2019-11-05

    InvestorDaily: The white paper, Keeping Our Money Safe: Data and Security of Payments in 2020 and Beyond, from InPayTech has forecast pay-tech vendors catering to the super sector will need to be aware of evolving customer experiences and expectations around data security. 

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