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Industry News: ESG5

    ‘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.

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    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.

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    Tech Giants Tell Government They Don’t Want its Software to Stop Cyber Attacks

    2021-07-08

    The Sydney Morning Herald: Some of the world’s largest technology companies have told Parliament a proposed bill to allow Australia’s cyber security agencies to install software on their networks risked making the problem of digital attacks worse.

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    Labor Bill Would Force Aussie Organisations to Disclose When They Pay Ransoms

    2021-06-21

    ZDNet: The federal opposition has introduced a Bill to Parliament that, if passed, would require organisations to inform the Australian Cyber Security Centre (ACSC) before a payment is made to a criminal organisation in response to a ransomware attack. 

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    Scammers Taking Advantage of COVID-19 to Target Small Businesses

    2021-05-26

    ASIC: ASIC is urging Australians to be wary of scammers using the COVID-19 pandemic to target small businesses. Scammers often target small business owners as they recognise that they are busy and may have limited resources to keep systems safe. Common scams aimed at small businesses are outlined below.

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    AMP Builds New Cyber Defence Centre

    2021-05-18

    IT News: The centre, which launches this month, will be led by Elrich Engel. Engel is currently AMP’s group head of cyber security and digital protection at AMP and acting director of architecture for cyber security and data.

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    Vanguard Targeted in Bond Fund Scam

    2021-03-31

    Financial Standard: The asset manager said scammers are buying advertisements on search engines for terms relating to "bond or high yield investments". When a person clicks on the ad link, they are taken to a fake investment comparison website with a name like "Investment Compare".

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    Cyberattack Forces Australian TV Channel Off Air

    2021-03-29

    CNN Business: Australian broadcaster 9 News suffered a cyberattack that forced a number of live shows off air on Sunday, as the country's federal parliament also reported an attack on its computer network.

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    Boards to Be Held Responsible for Cyber Risk Protection

    2021-03-12

    Insurance Business: Boards and managers will soon be held responsible for protecting their organisations, shareholders, and customers from cyber risks as cyber attackers continue to take advantage of the work-from-home environment – potentially increasing directors and officers (D&O) liability insurance premiums.

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    Australia's Securities Regulator Says Server Hit By Cyber Security Breach

    2021-01-25

    Reuters: Australia’s securities regulator said on Monday there was a cyber security breach at a server it used to transfer files including credit licence applications where some information may have been viewed.

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