Tag: COVID-19

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ICO issues record £20 million fine to British Airways
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From voluntary action and collaboration to legislation and classified capabilities: Australia’s Cyber Security Strategy 2020 released
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Can It Get Any Worse? Travel Giant CWT pays $4.5 Million USD ransom to Hackers who Stole Corporate Files and Knocked 30,000 Computers Offline
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“The best of its kind anywhere in the world today”: COVIDSafe among the safest tracing apps globally, study finds
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Credential stuffing during COVID-19: Cybersecurity firm purchased over 500,000 Zoom account credentials on the dark web and hacker forums
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D’oh! Beer company suffers cyber attack
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Click your “e-John Hancock” onto that: COVID-19 helps the Australian Government clear the way for electronic execution under section 127(1) of the Corporations Act
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#WashYourCyberHands
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Privacy Professionals download COVIDSafe App
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It’s Trace Time! The COVIDSafe App is open for business – Part II

ICO issues record £20 million fine to British Airways

By Cameron Abbott and Rebecca Gill

The UK Information Commissioner’s Office (ICO) has fined British Airways £20 million, the ICO’s largest fine to date, for failing to protect the personal and financial details of more than 400,000 of its customers.

In a statement published online on 16 October 2020, the ICO stated that its investigation had found that British Airways was “processing a significant amount of personal data without adequate security measures in place”. This failure is said to have breached data protection laws and, subsequently, the airline was the subject of a cyberattack in 2018, which was not detected for more than two months.

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From voluntary action and collaboration to legislation and classified capabilities: Australia’s Cyber Security Strategy 2020 released

By Cameron Abbott, Keely O’Dowd and Rebecca Gill

In July this year, we blogged about the Australian Government’s plan to release Australia’s Cyber Security Strategy (Strategy). On 6 August 2020, the Strategy was released after consultation with the public and industry actors.

The Strategy will invest $1.67 billion over the next 10 years – the largest ever financial commitment to cyber security – to create a more secure online world for Australians, our businesses and the essential services which we depend upon. This will be achieved through the following:

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Can It Get Any Worse? Travel Giant CWT pays $4.5 Million USD ransom to Hackers who Stole Corporate Files and Knocked 30,000 Computers Offline

By Cameron Abbott and Max Evans

In these unprecedented times, where travel around the globe is primarily halted as nations get to grips with controlling the outbreak of COVID-19, many would think it couldn’t get any worse for travel companies. However, they would be wrong, as according to an article from ITNews, American travel management giant CWT has reportedly paid a whopping 414 bitcoin, equivalent to a value of 4.5 Million USD (approximately 6.3 Million AUD), to hackers who successfully exfiltrated over 2 terabytes of sensitive corporate files.

According to the Article, the successful hackers used a strain of ransomware referred to as “Ragnar Locker” which places computer files into a virtual prison through encryption and renders them unusable until the victim pays for the keys. Then in CWT had to negotiate in a public chat forum to pay for the release.  It gives us a rare insight into the dialogue that followed. CWT negotiated the hackers down from their initial demand of 10 Million USD. According to the Report, whilst the hackers claimed to have stolen over 2 terabytes of files including financial reports, security documents and employees’ personal data, it was not clear whether any customer data was compromised.

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“The best of its kind anywhere in the world today”: COVIDSafe among the safest tracing apps globally, study finds

By Cameron Abbott, Warwick Andersen, Rob Pulham and Rebecca Gill

In some positive news about the Federal Government’s COVIDSafe app, the University of Adelaide’s cybersecurity experts have assessed the Australian contact tracing app to be one of the best and safest among 34 apps used globally to track and trace COVID-19 cases.

A team from the University’s School of Computer Science made the judgment in a study which assessed Android versions of 34 of the world’s COVID-19 contact tracing apps for security and privacy vulnerabilities.

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Credential stuffing during COVID-19: Cybersecurity firm purchased over 500,000 Zoom account credentials on the dark web and hacker forums

By Cameron Abbott, Michelle Aggromito and Rebecca Gill

In what could only be adding fuel to the fire that is the growing concern over Zoom’s privacy and data security risks, it has been reported that over 500,000 Zoom accounts were sold on the dark web and hacker forums earlier in April. The accounts were purchased by cybersecurity firm Cyble after it noticed free Zoom accounts were being posted on hacker forums.

Cyble was able to purchase approximately 530,000 Zoom credentials, which included a user’s email address, password, personal meeting URL, and their HostKey (a six-digit number used to host meetings on Zoom). Victims included well-known companies such as Chase, Citibank and educational institutions including the University of Colorado and the University of Florida. According to Cyble, credentials belonging to its clients in the bulk purchase were also confirmed to be correct.

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D’oh! Beer company suffers cyber attack

By Cameron Abbott and Keely O’Dowd

On Tuesday last week, Lion Beer Australia announced it had experienced a cyber incident. During the week, Lion advised there was no evidence to date of any data breaches, but was still investigating the cyber attack. Investigations revealed Lion was subject to a ransomware attack. 

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Click your “e-John Hancock” onto that: COVID-19 helps the Australian Government clear the way for electronic execution under section 127(1) of the Corporations Act

By Cameron Abbott, Rob Pulham and Warwick Andersen

Temporary amendments to the Australian Corporations Act 2001 (Cth) (Corporations Act) took effect on 6 May 2020, making it easier to facilitate company meetings using remote technology, and providing some certainty as to companies’ execution of documents electronically under section 127(1) of the Corporations Act.

The Corporations (Coronavirus Economic Response) Determination (No. 1) 2020 (Determination) allows company meetings such as AGMs to be held using technology rather than face-to-face meetings, and enables a quorum, votes, notices and the asking of questions to be facilitated electronically. For a more in-depth look at these changes, see “Operating a Business During COVID-19: The Implications for Public Companies” by our colleagues Harry Kingsley, Kaveh Zegrati, and Alex Garfinkel.

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#WashYourCyberHands

By Cameron Abbott and Keely O’Dowd

There has never been a better time to #WashYourCyberHands.

The COVID-19 pandemic has provided the perfect breeding ground for cyber criminals to capitalise on, and exploit the outbreak of the virus to steal data, commit fraud and circulate online scams. Law enforcement agencies and the cybersecurity industry have seen an increase in the number of targeted cyberattacks by criminals since the outbreak began.

INTERPOL has announced it is launching a global campaign to raise awareness about the top coronavirus related cyber threats throughout the globe. The campaign will provide basic cyber hygiene advice to businesses and individuals on how to ‘wash your cyber hands’ and protect systems and data from cyber threats.

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Privacy Professionals download COVIDSafe App

By Cameron Abbott, Warwick Andersen, Rob Pulham, Michelle Aggromito and Allison Wallace

A number of legal professionals, with significant experience in the field of privacy law, have signed an open letter to encourage individuals to download the Commonwealth Government’s COVIDSafe App.

Among the privacy lawyers are members of K&L Gates own Australian privacy team (and the authors of this blog post) Cameron Abbott, Rob Pulham, Warwick Andersen, Michelle Aggromito and Allison Wallace.

The open letter is signed by members in their personal capacity, and signals that people who care about privacy a lot can still think that supporting the health and economic objectives of the App is more important at this time.

As at the date of this post, more than 5 million people have downloaded the App, with more needed to reach the Commonwealth Government’s target of 40% of the Australian population.

It’s Trace Time! The COVIDSafe App is open for business – Part II

By Cameron Abbott, Warwick Andersen, Rob Pulham and Michelle Aggromito

In Part I of this blog, we briefly touched on some of the safeguards that the Commonwealth Government has indicated that they will implement to address privacy concerns. Those proposed new safeguards are intended to satisfy many of the privacy concerns. However, there are additional safeguards that have been implemented in connection with the functionality of the App, which we focus on in Part II here.

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