This Month
- Exclusive
- Phones
Little-used mobile phone feature exposes new scam threat
A newly discovered security risk that exploits 19-year-old mobile phone technology might let scammers bypass identity checks for banking and email.
- John Davidson
BGH Capital to acquire Waterman Capital’s IT biz Fusion5
Street Talk understands the private equity firm is in the final stages of negotiations New Zealand private equity investor Waterman Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Make it harder for CEOs to get big salaries, bonuses: super funds
Executives should only get bonuses for outperformance, and not for business as usual, the Australian Council for Superannuation Investors says.
- Hannah Wootton
Industry super fund sanctioned over ‘significant cybersecurity deficiencies’
APRA ordered the fund to bring in external advisers to help improve its cyber defences after a hack and multiple reviews found issues.
- Hannah Wootton
November
- Opinion
- Chanticleer
The one risk big insurers won’t take
There may be strong demand for cyber insurance, but the local sector is not running towards that fire. Even if it is a growing piece of the insurance pie.
- Anthony Macdonald
Sexual health and fertility details leaked in ACL data breach
ASX-listed pathology provider Australian Clinical Labs faces potentially millions of dollars in fines for failing to protect sensitive financial and health data.
- Paul Smith
- Exclusive
- Cyber warfare
Minister lashes DP World hack failure
“A known problem, with a known patch – Australia needs to do better than this,” said Home Affairs Minister Clare O’Neil after an update from DP World.
- Max Mason and Nick Bonyhady
AI ‘security’ put ahead of ‘cool features’ in 18-nation deal
The US says it is the first detailed international agreement on how to keep artificial intelligence safe from rogue actors.
- Raphael Satter and Diane Bartz
Virgin Money plans $250m barricade against AI-powered cybercrime wave
The ASX-listed British challenger bank says every financial institution will need to tool up against the AI- and quantum-enabled threat.
- Hans van Leeuwen
- Opinion
- Government Observed
Australia’s watered-down cybersecurity regime is laughable
Despite ballooning cyber intrusions and rampant data breaches, scams and identity theft, policymakers and ministers have continued to rely on voluntary efforts.
- Tom Burton
- Analysis
- Analysis
Government turns around its Optus cyber debacle
Clare O’Neil’s cyber strategy is a strong first step to raising national standards, tackling plenty of areas where businesses need help, and leaving room for further reform.
- Paul Smith
Ban on paying hacker ransoms is inevitable, but not yet: Labor
After industry resistance, Home Affairs Minister Clare O’Neil says Australian firms aren’t prepared for a ban on paying off cyber criminals to get data back.
- Andrew Tillett and Paul Smith
Government hits back at cybercriminals with $600m boost
Businesses will face a no-fault, no-liability reporting obligation to report ransomware attacks, while a new investigative body will probe cyberattacks
- Andrew Tillett
Allen & Overy says extent of cyberattack is still unclear
The Australian arm of the global law firm says it will inform local clients of any impact to their data “as soon as we can”.
- Maxim Shanahan
Why this Young Rich Lister shuns Australian investors
“When you find something you really enjoy, sleeping really just gets in the way,” says Kevin Gosschalk, the Young Rich Lister behind Arkose Labs.
- Julie-anne Sprague
New star rating system to help secure home devices
Default passwords will be banned and a mandatory cyber rating system for consumer internet-connected appliances are to be part of a new cyber strategy to be released next week.
- Tom Burton
DP World flags first roster change in decades
The stevedore will impose new rosters to better respond to the 24/7 economy, but the move could inflame an already tense industrial dispute disrupting goods.
- Updated
- David Marin-Guzman
The woman at the heart of your data protection
Amid rapid technology change, federal privacy and information commissioner Angelene Falk has had to learn how to anticipate the harmful effects on consumers.
- Tom Burton
Cybersecurity chief on leave over ‘workplace matter’ probe
Air Marshal Darren Goldie has suddenly been recalled to the Defence Department as he faces potential disciplinary action.
- Andrew Tillett
Hackers stole DP World data, patch lapse blamed
The stevedore said its data had been “exfiltrated” during a cybersecurity breach that probably stemmed from failure to patch a widely known security flaw.
- Nick Bonyhady and David Marin-Guzman