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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.
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.
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.
Financial Review: The cybersecurity company will open offices in Sydney and Melbourne with a starting presence of five full-time employees, led by former Symantec and Linksys executive Stephanie Boo, the firm's Asia-Pacific managing director.
CSO: With volumes of cybersecurity insurance claims surging, businesses need to be more careful than ever about what their policies do and don’t cover, according to an academic who warned that insurers are becoming more mercenary in their interpretations of cyber events.
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