Savers at risk in bank, credit union data hack

Original article by Joyce Moullakis
The Australian – Page: 19 : 26-Aug-19

The security of the New Payments Platform is under scrutiny in the wake of revelations that the system has been subject to a second data breach. Cuscal has indicated that only about three per cent of bank and credit union customers who have registered for a PayID have been affected by the breach, which equates to less than 92,000 customers. Westpac customers who use the real-time NPP system were affected by a data breach in June.

CORPORATES
CUSCAL, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

MPs to monitor foreign interference threats

Original article by Tom McIlroy
The Australian Financial Review – Page: 4 : 7-Jan-19

James McGrath says the joint standing committee on electoral matters will continue with its efforts to ensure that Australia’s electoral system remains free from foreign interference. McGrath is the chairman of the committee, and he says there has been no evidence to date of such interference, but that the need to be vigilant on such matters remains important. He says cyber interference has the potential to undermine confidence in Australian democracy.

CORPORATES
AUSTRALIA. JOINT STANDING COMMITTEE ON ELECTORAL MATTERS, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

EY warns of cyber threat to real estate

Original article by Robert Harley
The Australian Financial Review – Page: 40 : 25-Nov-15

Professional services firm EY has released a report which highlights the risks associated with the growing use of digital technologies in buildings. Richard Watson of EY notes that so-called SMART buildings are especially vulnerable to computer hackers. He says a building’s tenants would be the first to be impacted by a cyber attack on the property’s digital infrastructure, but landlords would ultimately have to compensate tenants for loss of revenue and damage to their reputation.

CORPORATES
ERNST AND YOUNG