In today's digital age, cyber-attacks have become an unfortunate reality for businesses and individuals alike. The aftermath of a cyber-attack can be devastating, resulting in financial loss, reputational damage, and legal liability. Cyber insurance has emerged as a vital component...
The Australian Information Commissioner (OAIC) regularly releases statistics on data breaches reported under the Notifiable Data Breaches (NDB) scheme. This information helps organisations and the public stay informed about the privacy risks identified through the scheme. The rising number of...
Although data breaches weren’t new for modern internet-dwellers, we rarely witnessed them in the case of larger companies. But, when entities like Yahoo announced breaches that affected billions of their user accounts in the past year, it became quite clear...
Data breaches are nothing new - continuing with their terrifying stories of 2019, the first quarter of 2020 has seen data leaks firmly taking their place in the news. While this included the prevalent phishing, malware, virus, and ransomware attacks,...
With Blue Bear Software, an administration platform for educational institutions got recently hit by a cyber attack from Magecart, the wheels of 2020’s cybersecurity threats have started to set motion. So, we rushed ourselves to come up with PART 2...
The tumultuous 2019 has wrapped up, and we have stepped into a New Year with lots of hopes and expectations… Looking back to the previous year, we can see a large number of data breaches that drove an increasing recognition...
Australia’s second-largest bank, WESTPAC, has overtaken the largest COMMONWEALTH BANK… If you think it’s in terms of assets, profits, or market capitalization, you are wrong; it’s in terms of the heftiest fine it is forced to pay!! Westpac is accused...
It seems like there is a steady stream of news regarding data breaches and cyber-attacks in Australia. While most of these infringements impact smaller businesses, occasionally there are “major” security issues that affect big organizations and a large number of...
The Australian Tax Office (ATO) had fallen victim to a nasty impersonation scam that targeted cybersecurity vulnerabilities through myGov website and a 2017 federal government First Home Super Saver Scheme. The issue began when Mr. Trevor Riessen — a Darwin...
Data breaches occur almost every day, exposing the credit card numbers, social security numbers, mobile numbers, email addresses, passwords, and other sensitive data of thousands of people. Unsurprisingly, the figures from the Australian Information Commissioner’s (OAIC) latest quarterly statistics report...