Australia will undertake an economy-wide revamp of its cybersecurity protections including revised data laws, mandatory reporting and a new nationwide cyber council in response to several significant hacks targeting businesses and infrastructure over the past year. Home Affairs Minister Clare …
Australia’s markets regulator wants companies and directors to prioritize cyber resilience, warning it will take action against businesses that fail to make reasonable investments to protect themselves. Australian Securities and Investments Commission Chair Joe Longo said this month’s cyberattack on …
An Australian government-backed service for victims of identity theft blasted a plan to toughen privacy laws amid an explosion of online data theft, saying it would spur compromised companies to pay ransom and invite more hacking. IDCare, a non-profit that …
Australia’s financial institutions must improve their resilience to cyberattacks, the head of the nation’s banking regulator said Tuesday. A recent review uncovered a “lack of rigor” in the nature and frequency of security control testing and insufficient board oversight on …
Singapore Telecommunications said on Monday it was assessing the potential cost of a massive cyber-security breach at its Optus arm, Australia’s second-largest telco, 12 days ago. In its second comment on the breach of private data from 10 million accounts, …
Australian authorities said on Friday they have commenced an operation to protect the personal information of 10,000 people whose data may have been shared online after a cyber attack on Optus, the country’s second-largest telco. The efforts come three days …
Australian telecoms giant Optus must pay the cost of replacing the passports and drivers licenses of millions of customers whose personal information was stolen in one of the country’s biggest data breaches, the government said on Thursday. The theft of …
CANBERRA, Australia (AP) — Australian police were investigating a purported hacker’s release of the stolen personal data of 10,000 customers of the nation’s second-largest wireless carrier and demand for a $1 million ransom in cryptocurrency, the company’s chief executive said …
Australia plans to toughen privacy rules to force companies to notify banks faster when they experience cyber attacks, Prime Minister Anthony Albanese said on Monday, after hackers targeted the country’s second-largest telecoms firm. Optus, owned by Singapore Telecoms Ltd., said …
