New Zealand’s Reserve Bank takes responsibility for security shortfalls

Noted it was over reliant on Accellion. The Reserve Bank of New Zealand – Te Pūtea Matua – has released the findings of independent reports on an illegal data breach and its handling of sensitive information. The Bank accepts the findings and has, and will continue to, implement the recommendations,…

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Security team analysts feeling the stress

Poor tooling is taking its toll on security analysts. Over recent years, security and business leaders have had to modify their expectations of what effective cybersecurity can achieve. Long gone are the days when all resources were poured into protecting the corporate network perimeter. Thanks to widespread adoption of cloud…

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ACSC calls for partner volunteers to help with raising critical infrastructure security

ACSC’s Critical Infrastructure Uplift Program to protect essential services from cyber security. The ACSC is calling for ACSC Partners to help pilot the Critical Infrastructure Uplift Program (CI-UP). CI-UP will help protect Australia’s essential services from cyber threats by raising the security levels of critical infrastructure organisations. CI-UP is part of the Australian Signals Directorate’s…

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CISOs face constant dilemmas to avoid drowning in their ‘security debt’

Navigating complex obstacles to keep rising attacks from turning into more breaches. CISOs are face a rising ‘security debt’ to secure their organizations against an increasing volume of attacks by well-armed criminals. Despite going up against a criminal industry that enjoys advantages when it comes to speed and shared weaponry,…

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Australia sees cyber security as a pominent issue

Abigail Bradshaw head of the Australian Cyber Security Centre talks about how the cyber security defensive mission on a standing and given it prominence. In just the last four months Australia has dealt with significant malicious cyber activity associated with SolarWinds, the Acellion File Transfer compromise, and recently the Microsoft Exchange server vulnerabilities, as…

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Hong Kong Government’s drive for cybersecurity

Secretary for Innovation and Technology, Hong Kong Alfred Sit talks about the role of government in cybersecurity Innovation and technology (I&T) are playing prominent roles in driving economic growth, and in improving people’s quality of life. It is particularly evident in the midst of the COVID-19 epidemic that I&T helps…

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State sponsored attacker operating from China

Hafnium was discovered by the Microsoft Threat Intelligence Centre. In a blog by Tom Burt corporate vice president customer security and trust at Microsoft stated a state-sponsored threat actor identified by the Microsoft Threat Intelligence Centre (MSTIC) that itsare calling Hafnium. Hafnium operates from China, and this is the first…

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Chartered Bank focuses on eliminating risk

Accelerating the adoption of digital solutions. Resilience is at the core of Standard Chartered Bank, in what has been an extraordinary year for the financial institution. In its fourth quarter and full year 2020 results, Chartered noted the negative impacts of COVID-19 should be “largely transitory, and indeed have provided…

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Oxfam Australia hit by data breach

Non profit organisation discloses database was “unlawfully” accessed. Australian independent not-for-profit Oxfam Australia has found supporters’ information on one of its databases was “unlawfully accessed” by an external party on 20 January 2021, following an independent IT forensic investigation. The database includes information about supporters who may have signed a…

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