ACSC issues AusPost, AFP ransomware warning
“Significant campaign” puts cyber crime centre on the front foot. The Australian Cyber Security Centre has issued a warning to web users to be wary of a growing and evasive ransomware threat masquerading behind Australia Post and Australian Federal Police domains. The government-run infosec authority said it had observed a […]
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Companies warned of internal cyber risk
A global leader in risk consultancy has warned companies of the dangers of internal cyber risk. While many assume that cyber risk falls under an external threat from outside hackers, Control Risks have warned that danger can lurk within any organisation. Jason Rance, managing director of Control Risks Australia Pacific […]
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Essential protection – Australian Institute of Company Directors
The rising incidence of cyber-security threats means boards must be more proactive when considering risk-management strategies, writes Nigel Phair. Smart boards recognise the value IT plays in their organisations. Technology not only maintains business as usual, but with appropriate investment and thinking can also create productivity gains, improve service delivery […]
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Einstein alone can’t keep you safe from cyber attack
Brains plus brawn necessary for protection Last week we learned about the latest crippling cyber attack to hit a large organisation – this time it was the US Office of Personnel Management, the agency responsible for managing the personnel records and security clearance details for millions of current and past US government employees. […]
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Credentials Manager LastPass hacked
Users asked to verify accounts, change passwords. Password and credentials manager LastPass is taking urgent measures to protect its users after the company discovered an unauthorised data disclosure on its network. Chief executive Joe Siegrist revealed LastPass had discovered and blocked suspicious activity on its network over the weekend and […]
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Global cyber cover worth almost $200 billion
Cyber-risk coverage worldwide is about $US150 billion ($194.33 billion), with a take-up rate across all industries of about 16%, according to a new report by Standard & Poor’s (S&P) that cites estimates from Marsh. “The cost of cyber insurance relative to the limit purchased is roughly three times that of […]
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