Lloyd’s published a scenario that simulates a cyber attack that would cause $3.5tr in global economic losses over five years.
October 19, 2023BaFin apologised for the inconvenience and said it is working "intensively" to restore full access to its website.
September 5, 2023Checkmarx detected the first known open-source supply chain attacks targeting the banking sector.
July 24, 2023Multi-factor authentication is one of the "most effective controls" an organisation can implement to unauthorised access to a device or network, APRA says.
May 27, 2023The ACSC recommends that victims of ransomware attacks never pay a ransom. The government is considering a law prohibiting attack victims from paying ransoms.
April 19, 2023NGS Super, Crown Resorts and Latitude Financial Services have all disclosed this week that they were subject to cyber attacks.
March 28, 2023The legislation also amends the extraterritorial jurisdiction of the Privacy Act to bring into scope foreign firms conducting business in Australia.
November 30, 2022About 75 percent of ransomware-related incidents reported to FinCEN in H2 2021 had a nexus to Russia, its proxies, or persons acting on its behalf.
November 7, 2022"Operation Guardian" will protect those who had their data released online. Regulatory changes will enable better coordination to detect and mitigate cyber, fraud and scam risk.
October 7, 2022The guidelines emphasise the need for appropriate governance, differentiated controls based on the importance of outsourced functions, and awareness of concentration risk.
January 10, 2022