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The Latest Breaking News on Cybersecurity

Medibank CEO says ransom amount 'irrelevant' and paying up would only increase risk of further extortion

The boss of embattled insurer Medibank says the value of the ransom demand from cyber criminals was "irrelevant" in the company's decision not to negotiate with the hackers.

ABC News

Australians lost almost half a billion dollars to scammers in nine months — and that's only what we know about

Between January and September this year, Australians lost $424.8 million to scammers. But those figures are likely only the tip of the iceberg, with just 13 per cent of victims reporting crimes to Scamwatch.

ABC News

Medibank refuses to pay ransom for hacked data as affected customer number doubles to 9.7m

Medibank says no ransom payment will be made to the criminal responsible for the recent data hack as the number of affected customers grows to 9.7 million.

ABC News

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Medibank won't pay any hacker ransom

Health insurer Medibank won't pay any ransom fee to the hacker that accessed the personal data of all its customers.

AAP

Vic coalition promises stamp duty cut

The Victorian opposition is pledging to stamp duty on properties of up to $1 million to help thousands of families buy their first home.

AAP

Technology group providing services to Victorian government departments hit by cyber attack

A cyber attack targets a technology group which provides services to government departments, with hackers believed to now hold stolen data.

ABC News

NHS cyber attack still believed to be affecting patients’ records three months on

Medication doses also remain at risk of being missed

Wales Online

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Belfast cyber security firm bags £2.4M funding with eyes on global growth

ANGOKA develops the technologies which secure the operation of remote vehicles

Birmingham Post

Australia sees spike in cyber attacks from criminals and states

Cyber attacks against Australia from criminals and state-sponsored groups jumped last financial year, with a government report released on Friday equating the assault to one attack every seven minutes.

Reuters

Cyber spies beef up nuclear secret defence

The Australian Signals Directorate will boost the nation's cyber shield as the defence force prepares to handle coveted nuclear secrets from the US and UK.

AAP

Business urged to step up on cyber threat

Australia's cyber security agency reports a significant increase in the number of attacks from online criminals, with everyone urged to be vigilant.

AAP

Cybercrime reports jump as criminal gangs target families and businesses, cybersecurity agency says

The Australia Cyber Security Centre says cybercrime reports jumped 13 per cent to 76,000 last financial year, meaning the agency is receiving a report every seven minutes compared to every eight minutes the year before.

ABC News

Cyberspace ‘a battleground’ as reports of cybercrime in Australia jump 13%

Fraud, online shopping and banking among most commonly reported crimes, but ransomware ‘most destructive’, ASD says

The Guardian - AU

In the wake of recent data breaches, here's why you need to check your credit score. It could even help track down criminals

Millions of Australians have had their privacy breached in recent cyber attacks against Optus, Medibank and other companies.

The Conversation

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Evening Standard

UK Cyber Week 2022: Cyber security influencers – who to follow

As UK Cyber Week 2022 kicks off, we take a look at some of the most influential experts and thought leaders in the space

The Independent UK

War, economic uncertainty and global political unrest are the perfect storm for a cataclysmic cyber-attack

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

ABC News

Hackers could see Australia as weak target after Optus, Medibank data breaches, insider says

International computer-hacking syndicates will be eyeing off more Australian targets after a string of recent data breaches, a cybersecurity expert says.

Reuters

Russian hackers account for most 2021 ransomware schemes, U.S. says

Payment-seeking software made by Russian hackers was used in three quarters of all the ransomware schemes reported to a U.S. financial crime agency in the second half of 2021, a Treasury Department analysis released on Tuesday showed.

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The Japan News/Yomiuri

Command post planned to direct active cyber defense

A command post to direct the nation's defense against cyber-attacks is being planned for the Cabinet Secretariat, according to government sources.

The Independent UK

UK reveals millions pumped into bolstering Ukraine’s cyber defences

An initial £6.35m package was mobilised in response to a rising ‘tempo’ of Russian cyber activity following the invasion, the Government said.

The Independent UK

British spies defending Ukraine from Russian cyber attacks, government reveals

Damage inflicted by Russian hackers would have been ‘very significant’ without the backing of UK spies, junior minister says

The Independent UK

White House invites dozens of nations for ransomware summit

The White House is bringing together three dozen nations, the European Union and a slew of private-sector companies for a two-day summit that looks at how best to combat ransomware attacks

The Guardian - AU

Cyber-attack on Australian defence contractor may have exposed private communications between ADF members

Dataset from communications platform ForceNet containing up to 40,000 records may be compromised after breach on external provider

Reuters

Analysis-In Australia, a hacking frenzy spurred by an undersized cybersecurity workforce

A swathe of hacks on some of Australia's biggest companies has made the country a target for copycat attacks just as a skills shortage leaves an understaffed, overworked cybersecurity workforce ill-equipped to stop it, technology experts said.

Reuters

Ransomware hackers hit Australian defence communications platform

Hackers have targeted a communications platform used by Australian military personnel and defence staff with a ransomware attack, authorities said on Monday, as the country battles a recent spike in cyberattacks across businesses.

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