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Industry News: ESG5

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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Australian Industry Panel Calls for ‘Clear Consequences’ of Cyber Attacks

2020-07-21

Computer weekly: An industry panel appointed by the Australian government to provide inputs on the country’s 2020 cyber security strategy has called for clear consequences for cyber attacks targeted at Australia, among other recommendations.

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NAB Subsidiary Medfin was Targeted in Cyber Attack on 14 June

2020-07-03

IT Wire: Medfin, a subsidiary of the National Australia Bank that works with healthcare professionals, was hit by an attempted cyber attack on 14 June, the company's chief executive Paul Freeman says.

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Cybersecurity Spending Gets $1.35 Billion Boost in Wake of Online Attacks Against Australia

2020-06-30

ABC News: The Federal Government wants to create more than 500 new jobs in its highly secretive cyber intelligence agency as part of what it says is Australia's largest-ever investment in cybersecurity.

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Coronavirus: Pandemic Has Increased Cyber Vulnerabilities for Businesses, Governments, as ASIO Says Australia is 'Less Safe'

2020-06-10

The Canberra Times: The almost instant move to working and socialising from home due to coronavirus has left Australian businesses and homes vulnerable to cyber attacks as communication and data has moved to insecure online platforms.

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Arawa Capital Launches $40m Cyber Security Fund

2020-06-10

Money Management: The new fund, which would target sophisticated investors, in particular high net worth individuals (HNWI) and family offices, would aim to provide 12% per annum returns. It would invest in three to four companies over the next 12 to 24 months, made up of cyber security and other national security related small and medium enterprises (SMEs). 

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Coronavirus Cyber Attackers Going After Hospitals

2020-05-20

The Sydney Morning Herald: Cyber attackers, including foreign governments, are taking advantage of the coronavirus pandemic to try to hack the computer systems of hospitals and medical services, the Australian government has warned.

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150 People Lose Up to $10,000 of Super in Fraud

Federal Police Commissioner Reece Kershaw said a cybercrime team was investigating the fraud, which came to light on April 30.

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ACSC Called in on 427 Fed Govt Security Incidents Last Year

2020-04-14

IT News: A report on the ‘Commonwealth cyber security posture in 2019’ [pdf], released as Australia headed into the Easter weekend, provided a detailed breakdown of incidents that impacted Commonwealth (or federal) entities last calendar year, though it does not disclose which entities were victims.

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Australian Banks Targeted by DDoS Extortionists

2020-02-25

ZDNet: A threat group has been emailing victims with threats to carry out distributed denial of service (DDoS) attacks unless the organizations pay hefty ransom fees in the Monero (XMR) cryptocurrency.

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