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Cybersecurity

This Month

Scam Indicator can flag suspicious behaviour in real time to protect customers.

AI system shields Australians from scams – without them knowing

Scam Indicator, developed by Quantium Telstra, flags suspicious behaviour in real time, helping banks stop scams before they succeed.

Bernard Arnault has turned LVMH into the world’s premier luxury group, with 75 brands.

Cyber thieves are hitting top brands. They don’t only want money

The English-speaking, trash-talking Scattered Spider ransomware gang that cost Marks & Spencer millions of dollars last month is also into bragging rights.

May

Home Affairs Minister Tony Burke.

Boards have a tougher choice to make from today if they get hacked

Ransom payments to cybercriminals will now have to be disclosed via a government portal, putting companies under extra pressure.

The Legal Profession Board of WA has suffered a cyberattack.

Bank details of lawyers, judges at risk in cyberattack

The Legal Profession Board of WA said bank details had been stolen from its systems in a cyberattack on Tuesday.

Amit Elkayam

How a hostage negotiator outsmarts ransomware hackers

Moty Cristal honed a talent for high-stakes negotiations dealing with Hamas and Hezbollah before expanding to talks with ransomware gangs.

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April

Director-general of The Australian Signals Directorate Abigail Bradshaw has acknowledged he big challenges facing SMBs trying to be cyber secure.

Small and medium businesses must act big in cybersecurity fight

SMBs face the same frightening cybersecurity landscape as larger enterprises, but lack anything like the same financial muscle and expert staff to fight back.

CISO Lens director David Cullen says AI cyber protection software is still only of limited value in the fight against hackers.

How hackers are using AI to trick their way through cyber defences

The jury is still out on whether these new tools are more helpful to hackers or cybersecurity professionals. The tech has led to an era of deepfakes and suspicion.

Wayne Swan on the campaign trail on Sunday.

Cbus insists Wayne Swan is at the wheel

After backtracking on declarations it had not, in fact, been hacked, Cbus is now investigating its own “cyber incident”.

Super fund customers’ details are up for sale on dark web forums.

Cyber minister Tony Burke ‘radio silent’ on super breach: Coalition

The accusation comes after cybersecurity firms identified the details of thousands of Australian retirees for sale online.

Mastercard says it will push CBA and Westpac to issue numberless cards to reduce fraud.

CBA and Westpac mull removing numbers from their credit cards

Australia is expected to be the first major market to embrace numberless credit cards in the next two years, according to Mastercard.

Industry organisations including the ACSI, ASFA, and Women in Super have been rocked by new phishing scams.

AusSuper to refund customers as Cbus admits hack

AustralianSuper has vowed to refund members who had $500,000 stolen from their accounts in a cyberattack.

Ramsay Health CEO Natalie Davis says digitisation and AI are a big part of the hospital operator’s plans.

Ramsay Healthcare chief says the age of AI care is coming

The CEO of Australia’s biggest private hospital operator has flagged greater AI adoption as a way to help improve services.

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ASX in freefall; Star seals $300m deal; Super funds given deadline

Read everything that’s happened in the news so far today.

Industry organisations including the ACSI, ASFA, and Women in Super have been rocked by new phishing scams.

Cybercriminals impersonated super executives in week of mass breach

The attacks occurred in the same week hackers compromised the largest funds and siphoned retirement savings out of member accounts.

O’Halloran’s comments echo the concerns raised by APRA chairman John Lonsdale about the superannuation sector as early as 2023.

Super groups accused of resisting efforts to lift security before hack

A representative of the Association of Superannuation Funds of Australia had told a consumer advocate that stronger protections would put “too high” a burden on funds.

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AustralianSuper customers lost money to the cyberattackers.

How hackers struck super fund customers while they slept

The cyberattack that has robbed Australians of money from superannuation accounts began with criminals attempting to access accounts in the dead of night.

The super sector has been caught short in another crucial area.

Big super is now a big target of criminals. It’s time for funds to step up

The super sector has been warned for two years to get its act together on cybersecurity. Once again it’s been caught out.

Some of the nation’s largest superannuation funds have had customer data breached.

Money taken in co-ordinated cyberattack on big super funds

The nation’s largest superannuation funds were repeatedly warned they were underprepared for cyber threats before criminals hacked into thousands of accounts and stole retirees’ savings

March

QuintessenceLabs chief executive Vikram Sharma shows Industry and Science Minister Ed Husic around his Canberra facility.

Labor bets $15m on using quantum technology to fight cyberattacks

The government’s National Reconstruction Fund is the lead investor in a funding round for Canberra-based QuintessenceLabs, which is also backed by Westpac.

The personal information for about 16,000 subscribers to Nine’s mastheads was exposed via a third-party supplier’s cloud storage bucket.

Nine audits external data security after breach exposes 16,000 readers

Details of some print subscribers of The Sydney Morning Herald, The Age and The Australian Financial Review were visible, cybersecurity researchers discovered.

Original URL: https://www.afr.com/topic/cybersecurity--editorial-use--1nep