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.
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.
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.
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.
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.
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.
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.
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