
Of Mice and Coin
elevenM’s Peter Quigley takes a closer look at what Australia can do in the face of a modern scourge – ransomware – as governments up the ante against the threat.
elevenM’s Peter Quigley takes a closer look at what Australia can do in the face of a modern scourge – ransomware – as governments up the ante against the threat.
Once again, privacy and data breaches are in the news this month, with the OAIC saying that organisations are downplaying them. There’s a general trend of regulators and law enforcement stepping up this month, with historic decisions by the OAIC, the FTC and the Norwegian Data Protection Agency, and a crackdown on the notorious Emotet botnet.
Ransomware attacks continued to increase in 2020, and 2021 looks set to follow the trend. Unfortunately, the past 12 months has seen substantial evolution in ransomware tactics, as attackers look
Privacy is well and truly in the frame this month – not least because of the Government’s review of the Privacy Act. It’s a big deal and we’ll have a bit to say about it – starting with our summary below. As the number of COVID-19 cases ease, attention is now also shifting towards the privacy provisions of COVID-19 check-in services. And turning to cyber, if you felt ransomware wasn’t nasty enough, attackers have dug deep and found more evil to draw on.
It’s in the nature of this game that there’ll always breaches and bungles, so increasingly it matters how you respond. And in our eyes, some recent response actions are worth commending. The NSW Government opened up on how it might have prevented the Service NSW breach, while Twitter laid out how it is upping its internal security game after a hack in July. We also explore if NAB’s step into the world of bug bounties sets a new bar for security maturity.
This month saw some big plays in the world of privacy – most notably the striking down by a European Court of a mechanism for international data transfers. We look at the implications for Australia organisations coming out of the judgement. This month we’re also reminded of the inherent vulnerability of software via stories about backdoors in Chinese tax software, a flood of critical patches released for popular enterprise software products and, of course, more yarns about ransomware.
“Imagine if we could get the Prime Minister to yell ‘cyber’?”
Security leaders preparing to go cap-in-hand for FY21 budgets could only have dreamed of the platform their portfolios would get this month. In this month’s round-up we take a look at the PM’s announcement, and watch as ransomware and business email compromise jostle for the mantle of most damaging cyber threat.
In our latest round-up, we get a fresh angle on some familiar threats. The rise of ransomware over recent years has seen it elevated as a formally registered business risk, while new research seeks to explain why phishing continues to work so well. A new security report also gives us insight into what’s motivating cyber attackers, and into one of the fastest growing reasons that data breaches are occurring.
COVID-19 is creating a heady and swirling vortex of news, information and disinformation. In this edition we cut through to the key privacy and security issues of the pandemic, including the Government’s contact tracing app and the new risks and scams that security leaders need to be thinking about. We also check in on how cybercriminals are attending to business-as-usual.
It’s the end of another year (and another decade). Close out your final tasks, prepare for the inevitable summer feasting, and join us as we recap five cyber security and