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The Sydney Morning Herald: Australians who have had their super accounts drained by crime gangs will be fully compensated as some of the country's biggest funds ramp up cyber-security in the wake of an alleged $10 million international identity theft scam.
Financial Review: New Payments Platform Australia, the real-time system owned by the big four banks and 11 other financial institutions, is under pressure to explain how almost 100,000 customers' personal details were accessed as part of its second data breach in three months.
Reuters: National Australia Bank Ltd (NAB.AX) said 13,000 customers are being contacted after a data breach where personal data was uploaded without permission to two data service companies.
Financial Review: The venture capital arm of National Australia Bank has led a $US10 million ($14 million) investment in Silicon Valley-based cyber security start-up Digital Shadows, a business which helps brands identify their exposure to cyber threats and better manage their digital assets.
ZDNet: Australian Catholic University (ACU) has confessed that a data breach occurred on its systems as a result of a phishing attack. ACU said it discovered the breach on 22 May but did not say when the attack happened. "The data breach originated from a phishing attack: An email pretending to be from ACU tricking users into clicking on a link or opening an attachment and then entering credentials into a fake ACU login page," Acting Vice-Chancellor Dr Stephen Weller said in a blog post on Monday...
CIO: The Federal Government has earmarked $8.5 million in funding for the country’s cyber security sector in a bid to “grow and create new jobs,” according to Minister for Industry, Science and Technology Karen Andrews. “This funding will assist the cyber security industry to upskill and expand the sector, and harness the enormous opportunities available to Australia,” Andrews said in a statement. Announcing the opening of the second round of AustCyber’s Projects Fund, Andrews encouraged companies that can make a significant contribution to the sector to apply...
Zdnet: Canva, a Sydney-based startup that's behind the eponymous graphic design service, was hacked earlier today, ZDNet has learned.Data for roughly 139 million users has been taken during the breach, according to the hacker, who tipped off ZDNet. Responsible for the breach is a hacker going online as GnosticPlayers. The hacker is infamous. Since February this year, he/she/they has put up for sale on the dark web the data of 932 million users, which he stole from 44 companies from all over the world....
SydneyMorningHerald: Former prime minister Malcolm Turnbull's handpicked cybersecurity tsar Alastair MacGibbon is quitting his role and has declared cyber attacks "the greatest existential threat we face". Mr MacGibbon has been the face of cybersecurity for federal authorities for the past three years, handling the public response to the cyberattack on the national census in 2016 and the hacking earlier this year of the Parliament and the major political parties...
TheSydneyMorningHerald: The Morrison government will scale up the cyber security teams that defend Australia’s communications networks in a $156 million election pledge that includes new scholarships and recruitment programs. On alert for attacks from foreign agencies and criminals, the government wants to expand its online security workforce across several departments while using public funds to encourage more young Australians to study computer science...
CSO: Carbon Black, a leader in cloud-delivered, next generation endpoint security, today released the results of its first Australian Threat Report. According to the survey research, attacks are increasing in volume and sophistication, causing regular security breaches affecting 89% of organisations surveyed. The report analyses survey results from different industries, organisation sizes and IT team sizes to build a picture of the modern attack and cyber defence landscape in Australia...
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