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Industry News: ESG5

      Ethical Hackers and the Economics of Security Research

      2021-11-22

      Help New Security: Bugcrowd released a report which provides CIOs and CISOs valuable insight on ethical hackers and the economics of security research. New findings indicate a startling shift in the threat landscape with 8 out of 10 ethical hackers recently having identified a vulnerability they had never seen before.

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      Aussie Cyber Spies to Control Critical Infrastructure During Ransomware Attacks

      2021-10-20

      Coin Telegraph: Australia’s top cyber spies are set to gain greater powers in the event of ransomware or other cyber attacks on critical infrastructure.

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      New Cyber Offences for Targeting Key Infrastructure, Reporting of Ransomware Attacks Made Mandatory

      2021-10-12

      ABC News: Businesses hit by cyber attacks will be required to report the incidents to federal authorities, as new specific offences for criminals operating online are announced by the Federal Government.

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      ‘Significant threat’: Cyber Attacks Increasingly Targeting Australia’s Critical Infrastructure

      2021-09-14

      The Guardian: A quarter of cyber incidents reported to Australian security officials over the past year have targeted critical infrastructure and essential services, including health care, food distribution and energy.

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      Cybercrime Bill to Rise During Pandemic

      2021-07-21

      EurekAlert!: A new study of almost 12,000 Australians has found one-third of the adult population has experienced pure cybercrime during their lifetime, with 14% reporting this disruption to network systems in the past 12 months.

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      Tech Giants Tell Government They Don’t Want its Software to Stop Cyber Attacks

      2021-07-08

      The Sydney Morning Herald: Some of the world’s largest technology companies have told Parliament a proposed bill to allow Australia’s cyber security agencies to install software on their networks risked making the problem of digital attacks worse.

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      Labor Bill Would Force Aussie Organisations to Disclose When They Pay Ransoms

      2021-06-21

      ZDNet: The federal opposition has introduced a Bill to Parliament that, if passed, would require organisations to inform the Australian Cyber Security Centre (ACSC) before a payment is made to a criminal organisation in response to a ransomware attack. 

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      Scammers Taking Advantage of COVID-19 to Target Small Businesses

      2021-05-26

      ASIC: ASIC is urging Australians to be wary of scammers using the COVID-19 pandemic to target small businesses. Scammers often target small business owners as they recognise that they are busy and may have limited resources to keep systems safe. Common scams aimed at small businesses are outlined below.

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      AMP Builds New Cyber Defence Centre

      2021-05-18

      IT News: The centre, which launches this month, will be led by Elrich Engel. Engel is currently AMP’s group head of cyber security and digital protection at AMP and acting director of architecture for cyber security and data.

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      Vanguard Targeted in Bond Fund Scam

      2021-03-31

      Financial Standard: The asset manager said scammers are buying advertisements on search engines for terms relating to "bond or high yield investments". When a person clicks on the ad link, they are taken to a fake investment comparison website with a name like "Investment Compare".

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