The NSW Department of Education was hit by an apparent cyber attack on Wednesday. In a notice published on Thursday, the department said it took precautionary measures, shutting down many of its systems including the online portal teachers were using in preparation for the new school term. “The timing of this creates considerable challenges for… Read more »
Atlassian products were vulnerable to a hack that could have seen attackers gain access to user accounts, cybersecurity analysts found. Researchers from security firm Check Point discovered a set of flaws which, if exploited, would have enabled bad actors to take over the accounts of Atlassian products like Jira and Bitbucket. The researchers found the training.atlassian.com subdomain… Read more »
Australian and US law enforcement officials on Tuesday announced they’d sprung a trap three years in the making, catching major international crime figures using an encrypted app. More than 200 underworld figures in Australia have been charged in what Australian Federal Police (AFP) say is their biggest-ever organised crime bust. The operation, led by the… Read more »
Insurance giant IAG’s VC arm, IAG Firemark Ventures, has led a US$19 million (A$25m) series “B-1” raise into Australian cybersecurity startup UpGuard. Firemark was among several investors backing the nine-year-old business once again, including Pelion Venture Partners, Square Peg Capital and August Capital, bringing the total raised to A$59 million, following a previous raise in… Read more »
A cyber attack on US meat processing company JBS Foods, which owns the brands Hans and Primo, forced the closure of 47 facilities around Australia on Monday. The attack was confirmed by JBS Australia CEO Brent Eastwood who spoke to industry news site Beef Central, saying he was unsure how long the outage would last. In a… Read more »
Banks, investment firms and other financial services and insurance (FSI) companies suffered from a massive boost in cybercriminals’ attention during 2020, according to a new analysis that identified 3.4 billion credential-stuffing attacks targeted at FSI firms alone. That included a 45 per cent year-on-year jump in credential stuffing – in which cybercriminals use stolen login credentials to… Read more »
On March 2, 2021, Microsoft published information about four critical vulnerabilities in its widely used Exchange email server software that are being actively exploited. It also released security updates for all versions of Exchange back to 2010. Microsoft has told cybersecurity expert Brian Krebs it was notified of the vulnerabilities in “early January”. The Australian… Read more »
“There is no panacea to the threat of cybercrime, but you can take a measured approach to reducing your risks,” says Ben Jones, co-founder of new cybersecurity startup, Jumpstart Security. Jones and co-founder Saaim Khan are on a mission to make cybersecurity simple and easy for small business owners. Launched in Sydney this week, Jumpstart… Read more »
A $3.6 million funds transfer by Cann Group to an overseas contractor building the medicinal cannabis company’s Mildura factory has been stolen in what’s been described as a “complex and sophisticated cyber fraud” by an unknown hacker. The company (ASX: CAN) reported the breach to the market this morning, saying it “experienced a cyber security… Read more »
Australia’s long-awaited cybersecurity strategy, pledges to spend A$1.67 billion over the next ten years to improve online protection for businesses, individuals and the country as a whole. The lion’s share of the cash will go towards policing and intelligence, with smaller amounts set aside for a grab bag of programs from cybersecurity training to digital… Read more »
The Australian Government released Australia’s Cyber Security Strategy for 2020 this week. It outlines an investment in our nation’s cyber capabilities of $1.67 billion over the next 10 years, advocates for collaboration, and articulates actions required across government, businesses, and the community to make Australia more resilient to cyber incidents. The strategy is a win for… Read more »
The Australian Cyber Security Growth Network (AustCyber) on Monday released a report modelling the potential impact of cyberattacks and sustained digital outages on Australia. The Digital Trust Report’s modelling suggests four weeks of partial “digital disruption” could displace up to 163,000 jobs and damage the economy to the tune of A$30 billion. According to AustCyber’s… Read more »
The Australian Cyber Collaboration Centre is officially opened in Adelaide to further vital work to protect against attacks. Established as an independent not-for-profit entity through a $10 million investment by the South Australian government, the centre is located in Adelaide’s Lot Fourteen innovation neighbourhood and will concentrate on training cyber experts and developing security products.… Read more »
In an age of isolation, video sharing platform TikTok has emerged as a bonding force for many. But recent headlines allege the service, owned by Beijing-based company ByteDance, is feeding users’ data to the Chinese Communist Party. Earlier this week, the Herald Sun reported that an unnamed federal MP was pushing for the app to… Read more »
The Australian government is ramping up its cybersecurity defences, announcing on Tuesday that it will spend $1.35 billion over 10 years to enhance the national capabilities and assistance via the Australian Signals Directorate and the Australian Cyber Security Centre. Dubbed the Cyber Enhanced Situational Awareness and Response (CESAR) package, the focus will range from cyber… Read more »
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