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Industry News: ESG5

      Australian Government Mandates Agencies Appoint CISOs

      2023-09-03

      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.

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      Australia's Perpetual Says 'Tech Outage' Affected Some Funds in Cyber Incident

      2023-06-21

      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.

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      Australia's TechnologyOne Halts Trading After Being Hit By Cyber Attack

      2023-05-10

      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.

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      Push To Ban Ransomware Payments Following Australia’s Biggest Cyberattack

      2023-04-12

      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.

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      Australia May Inadvertently Fuel Cyber Crime, Says Data Theft Victim Organisation

      2023-04-05

      Economic Times: An Australian government-backed service for victims of identity theft blasted a plan to toughen privacy laws amid an explosion of online data theft, saying it would spur compromised companies to pay ransom and invite more hacking.

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      Regulator Tells Australian Banks to Boost Cyberattack Defenses

      2023-03-27

      BNN Bloomberg: Australia’s financial institutions must improve their resilience to cyberattacks, the head of the nation’s banking regulator said.

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      Latitude Financial Cyber-attack Worse Than First Thought with 14m Customer Records Stolen

      2023-03-27

      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.

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      Australia Plans to Reform Cyber Security Rules, Set up Agency

      2023-02-26

      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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      Australia Witnessed 16 Major Cyber-attacks As Hackers Attempt to Steal ‘Sensitive Data’

      2022-12-08

      Express: Australia had 16 major cyber-attacks against Australian organisations, which were trying to be “cyber extortion attacks”, claimed CyberCX Cyber Intelligence Director Katherine Mansted. Recently, millions of Australians had their privacy breached in cyber attacks on Optus, Medibank and other companies.

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      Hacked Australian Health Insurer Data Posted to Dark Web Forum

      2022-11-08

      BNN Bloomberg: Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web. 

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