Data risk alert in NZ reserve bank file hack

Original article by Cliona O’Dowd, David Swan
The Australian – Page: 14 : 12-Jan-21

Reserve Bank of New Zealand governor Adrian Orr says the central bank is treating a data breach as a top priority, and the National Cyber Security Centre has been informed of the incident. Orr says the hackers had targeted Accellion rather than the RBNZ’s own computer systems; Accellion provides a third-party file-sharing service which the central bank uses to share and store sensitive information. Spotless is among the Australian companies that were targeted by hackers in 2020, and Prime Minister Scott Morrison warned in June of a rise in cyber attacks in both the public and private sectors.

CORPORATES
RESERVE BANK OF NEW ZEALAND, ACCELLION INCORPORATED, SPOTLESS GROUP HOLDINGS LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Inside a massive cyber hack that risks compromising leaders across the globe

Original article by Stephanie Borys
abc.net au – Page: Online : 3-Oct-19

Australian National University vice chancellor Brian Schmidt says a cyber attack on its computer network in November 2018 was an ‘extremely sophisticated operation’. It was also very simply executed, with ANU’s systems being compromised after a staffer merely previewed an email with an attachment, which allowed the hackers to create a copy of the university’s network map. The hackers were then able to access ANU’s enterprise systems domain, which enabled them to steal the personal data of ANU students from the last 19 years. The motives of the hackers remain unknown, but the stolen data could potentially include that of former students who are now in positions of power in both Australia and abroad.

CORPORATES
AUSTRALIAN NATIONAL UNIVERSITY

Cyber threat to transport, power

Original article by Ben Packham
The Australian – Page: 1 & 2 : 6-Sep-19

Home Affairs­ Minister Peter Dutton will release a cyber security consultation paper on 6 September. It warns of the growing threat to Australia’s critical infrastructure, including energy, tele­communications and transport networks. The paper will note that industrial plants are also vulnerable to targeted attacks from state-sponsored hackers and cyber criminals. Dutton will also call for greater co-operation between governments and business, warning of the heightened risk since the Coalition released its cyber security strategy in 2016.

CORPORATES
AUSTRALIA. DEPT OF HOME AFFAIRS, AUSTRALIAN SECURITY INTELLIGENCE ORGANISATION, MAERSK, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED

Hacking risks higher under open banking

Original article by James Eyers
The Australian Financial Review – Page: 19 : 24-Jan-19

The Australian Banking Association has expressed concern that theft of personal data and email scams will become rife under the federal government’s open banking regime. Open banking is slated to begin on 1 February 2020, with a pilot program to commence in July 2019. The ABA’s submission to the Treasury’s draft report on open banking has called for the terms of reference for the pilot program to include an assessment of the potential privacy risks.

CORPORATES
AUSTRALIAN BANKING ASSOCIATION, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Macron to sign pact targeting cyber war

Original article by Simon Benson
The Australian – Page: 1 & 4 : 2-May-18

French President Emmanuel Macron will commence an official visit to Australia on 2 May. The Federal Government has declined to comment on speculation that Macron will sign a cyber-security agreement on the first day of his three-day visit. However, senior intelligence sources have indicated that the proposed agreement will be similar to one that Australia and the UK recently finalised. The cyber-security agreement with France would be Australia’s first with a country that is not a member of the Five Eyes intelligence network,

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, FRANCE. OFFICE OF THE PRESIDENT, AUSTRALIAN SIGNALS DIRECTORATE, COMMONWEALTH HEADS OF GOVERNMENT MEETING, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Cyber risk described as growing threat to mergers, acquisitions

Original article by Ruth Liew
The Australian Financial Review – Page: 24 : 1-Sep-15

Cyber security was a business risk that should be in the hands of senior executives, not relegated to the IT department, a conference has been told. Lawyers, investment banks and governments needed watertight cyber rules around their mergers and acquisitions deals. Toll Holdings and Macquarie Group executive director Nicola Wakefield-Evans told the King & Wood Mallesons event that cyber resilience was a key issue for board members as cyber crime grew.

CORPORATES
KING AND WOOD MALLESONS, TOLL HOLDINGS LIMITED, MACQUARIE GROUP LIMITED – ASX MQG, TELSTRA CORPORATION LIMITED – ASX TLS, BHP BILLITON LIMITED – ASX BHP, POTASH CORPORATION OF SASKATCHEWAN INCORPORATED, JP MORGAN CHASE AND COMPANY, PRICEWATERHOUSECOOPERS, TARGET CORPORATION, SONY CORPORATION

Ashley Madison hack a feast for lawyers

Original article by Marianna Papadakis, Katie Walsh
The Australian Financial Review – Page: 33 : 28-Aug-15

The hacking of Ashley Madison, the cheating website, is likely to lead to lawsuits in Australia. The site’s owners, Avid Life Media, are already facings hundreds of millions of dollars in damages in Canada and the United States, where two class actions alleging breach of contract, negligence and breach of privacy are pending. About 460,000 Australians may have been exposed.

CORPORATES
AVID LIFE MEDIA, AUSTRALIA. OFFICE OF THE FEDERAL PRIVACY COMMISSIONER, MARQUE LAWYERS PTY LTD, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, ALLENS, MINTER ELLISON, AON AUSTRALIA PTY LTD

Ashley Madison hack shows deception thrives online

Original article by Peter Moon
The Australian Financial Review – Page: 26 : 25-Aug-15

It is not known how often corporate computer files are hacked because of the absence of a mandatory data breach reporting regime. The hacking of the Ashley Madison database was well publicised, but others may fly under the radar because governments rarely acknowledge them let alone investigate. The hacking of the Ashley Madison infidelity site, operated from Cyprus, also highlighted the dangers of handing over personal information and credit card details to organisations with doubtful reputations.

CORPORATES
PRAECELLENS LIMITED, COOPER MILLS LAWYERS

Business under cyber siege

Original article by John Kerin
The Australian Financial Review – Page: 3 : 20-Jun-14

The number of cyber attacks on Australian government agencies and private businesses by foreign hackers rose 21 per cent in 2013. Australian Signals Directorate assistant secretary Joe Franzi told a conference on 19 June 2014 that half of these attacks involved foreign governments. He expects even more cyber attacks to occur in 2014

CORPORATES
AUSTRALIAN SIGNALS DIRECTORATE, ASSOCIATION OF SOUTH-EAST ASIAN NATIONS