Tag: Cybersecurity

1
ICO issues record £20 million fine to British Airways
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Assessing the security of your cloud solutions
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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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Update: Australia’s 2020 Cyber Security Strategy
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500,000 car owner records found on dark web
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“The best of its kind anywhere in the world today”: COVIDSafe among the safest tracing apps globally, study finds
7
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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Under attack: Lion suffers second cyberattack and the Federal Government warns of an active cyberattack on Australian organisations
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#WashYourCyberHands
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A phishing pandemic – 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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Assessing the security of your cloud solutions

By Cameron Abbott and Keely O’Dowd

The adoption of cloud based solutions offer many advantages to businesses, such as cost savings, efficiencies and flexibility. Cloud based solutions can also improve data security as cloud providers will be tasked with monitoring the security of their solutions, updating software and improving security features as required.    

However, adopting a cloud based solution will not automatically reduce an organisation’s exposure to cyber risks. Care must be taken before procuring a cloud based solution and any solution must be properly assessed from a security perspective.  

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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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Update: Australia’s 2020 Cyber Security Strategy

By Cameron Abbott and Keely O’Dowd

The Australian Government is currently developing its next Cyber Security Strategy, which is scheduled for release in the coming months.

The Australian Government 2020 Cyber Security Strategy Industry Advisory Panel has released a report consisting of 60 recommendations to inform the 2020 Cyber Security Strategy. The Panel’s 60 recommendations are structured around five key pillars:

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500,000 car owner records found on dark web

By Cameron Abbott and Keely O’Dowd

Intelligence experts KELA recently announced that almost 500,000 customer records of different car suppliers were being offered for sale on the dark web by hacking group “KelvinSecurity Team”.

According to reports, almost 400,000 UK based BMW customers’ data is being sold on the online black market. This data includes the initials and surnames of car owners, home addresses, email addresses, the names of dealerships and car-registration information. The data of Mercedes, SEAT, Honda and Hyundai car owners also form part of the compromised customer records.

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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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Under attack: Lion suffers second cyberattack and the Federal Government warns of an active cyberattack on Australian organisations

By Cameron Abbott, Keely O’Dowd and Rebecca Gill

News reports have revealed that Lion Beer Australia has suffered a second cyberattack within a week of falling victim to a ransomware attack. While Lion continues to recover from the first cyberattack, it must now investigate, respond and recover from this second attack.

Today, Lion announced it had received reports of Lion document lists posted online in recent days. It is continuing to investigate if any data has been removed from its system. Lion has also advised relevant authorities and regulators of the first incident.

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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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A phishing pandemic – Part II

By Cameron Abbott, Rob Pulham, Michelle Aggromito and Rebecca Gill

In part 1 of this blog, we highlighted the increase in phishing scams in light of the global COVID-19 pandemic. In this part 2, we discuss some practical tips that organisations can implement to mitigate the heightened risks of falling prey to such scams.

So, where to begin? You may have seen a recently published alert on the K&L Gates Hub: Responding to COVID-19 series, which provides high level ideas and tips for organisations when implementing remote working procedures for their employees. In particular, organisations should consider implementing:

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