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Industry News: ESG5

Australia's Securities Regulator Says Server Hit By Cyber Security Breach

2021-01-25

Reuters: Australia’s securities regulator said on Monday there was a cyber security breach at a server it used to transfer files including credit licence applications where some information may have been viewed.

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Phishing Emails Spoof Australia's Cyber Security Center

2021-01-06

Bank Info Security: In an alert, the agency notes hackers posing as ACSC employees are sending emails requesting that recipients download antivirus software. When the victim clicks on a link, malicious code that can steal banking credentials is downloaded onto the compromised device.

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Australian Crypto Exchange Exposes Personal Data of 270K Users

2020-12-02

Yahoo Finance: As reported by Business Insider Australia , the exchange revealed the names and email addresses of over 270,000 users when it sent out mass emails. The error saw names and addresses placed in the “to” section rather than individually addressing each recipient or using blind carbon copy.

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Major Cyber Breach in Finance Inevitable: APRA

2020-11-26

Investor Daily: The prudential regulator has unveiled its cyber-security strategy for 2020-24, which seeks to lift security standards and introduce higher accountability where companies fail to meet their requirements. 

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Cyberattack Strikes Media-monitoring Company Used By Australian Government

2020-10-27

The Guardian: Isentia, which boasts it has “most government departments and large corporations” as clients in Australia, told the Australian Stock Exchange on Tuesday it is “urgently investigating a cybersecurity incident” that was “disrupting services” involving its media portal – a service customers use to see media reporting on them, or issues of interest to them, and find journalists.

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Parliament Beefs Up Cyber Security After Two Major Attacks in 2019

2020-10-15

The Sydney Morning Herald: Politicians and their staff face stricter rules around use of personal phones on parliamentary networks as it emerged a state actor was the likely culprit behind a second major cyber attack in 2019.

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PwC Australia Creates Central Cyber Security, Digital Trust Team

2020-10-08

IT News: PwC Australia has created a new business unit bringing together cyber, digital trust and digital law teams from across the firm to bolster the services it offers clients navigating the cyber security and regulatory landscape.

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Macquarie, CBA Face Fresh Money Laundering Scrutiny After Data Leak

2020-09-21

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.

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Cyber Attacks on Australia Blurring the Lines Between Peace and War, Defence Minister Says

2020-09-03

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.

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Investigators to Get New Dark Web Powers

20202-08-05

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.

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