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The Canberra Times: The almost instant move to working and socialising from home due to coronavirus has left Australian businesses and homes vulnerable to cyber attacks as communication and data has moved to insecure online platforms.
Money Management: The new fund, which would target sophisticated investors, in particular high net worth individuals (HNWI) and family offices, would aim to provide 12% per annum returns. It would invest in three to four companies over the next 12 to 24 months, made up of cyber security and other national security related small and medium enterprises (SMEs).
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.
The Canberra Times: Up to 150 people have lost $10,000 from their superannuation accounts through a sophisticated fraud, police confirmed.
Federal Police Commissioner Reece Kershaw said a cybercrime team was investigating the fraud, which came to light on April 30.
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.
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.
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".
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.
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.
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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