Tag:Cybersecurity

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Amazon Web Services announces Internet of Things (IoT) security service
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A New Type of Cyberattack: AI-Powered Cyberattacks
3
The Essential Eight: Strategies for Security for Commonwealth Government Agencies
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Impact of Cyberattack on Merck was $135 million
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Australian Government Contractor Data Breach
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Update everything: Discovery of Wi-Fi flaw in connected devices
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Just one of 734: Australian defence contractor hacked
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SEC wants to collect more information – but can they protect it?
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Deloitte hack: Big four cyber-security advisor takes a hit
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Equifax data breach: 143 million records exposed but senior executives not told immediately?

Amazon Web Services announces Internet of Things (IoT) security service

By Cameron Abbott and Giles Whittaker

Amazon Web Services rolled out an IoT service called IoT Device Defender to limit risks from unsecured IoT devices. The service will monitor an entire fleet of devices for compliance policies and best practices. As such, an organization can set the normal operational parameters and policies for a given fleet of devices and then Device Defender will make sure those policies are enforced.

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A New Type of Cyberattack: AI-Powered Cyberattacks

By Cameron Abbott and Harry Crawford

Researchers are warning that AI threatens to increase the sophistication and effectiveness of cyberattacks, according to a recent blog post by the Wall Street Journal.

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The Essential Eight: Strategies for Security for Commonwealth Government Agencies

By Cameron Abbott, Keely O’Dowd and Olivia Coburn

The Federal Parliament’s Joint Committee of Public Accounts and Audit, tasked with inquiring into the cyber resilience of certain Commonwealth entities has recommended that all such entities adopt a cyber security mitigation strategy called the Essential Eight.  The Committee made this recommendation in its Report 467: Cybersecurity Compliance Inquiry based on Auditor-General’s report 42 (2016-17) (Report). Tarantino’s Hateful Eight is perhaps a little more convoluted than these simple touchstones of good practice. The Essential Eight are good reading for all enterprises, not just government agencies.

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Impact of Cyberattack on Merck was $135 million

By Cameron Abbott and Olivia Coburn

Drug and vaccine manufacturer Merck & Co Inc has quantified the impact of a cyberattack on its revenue at US$135 million. The company disclosed the figure in its third quarter earnings report.

The cyberattack occurred in June and forced Merck to halt production of its drugs.

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Australian Government Contractor Data Breach

By Cameron Abbott, Allison Wallace and Olivia Coburn

The personal details of almost 50,000 Australians have been published online by a third party government contractor, who is yet to be identified. And I guess you would feel a little shy about owning up to this one!

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Update everything: Discovery of Wi-Fi flaw in connected devices

By Cameron Abbott, Rob Pulham and Olivia Coburn

A Belgian researcher has discovered a weakness in WPA-2, the security protocol used in the majority of routers and devices including computers, mobile phones and connected household appliances, to secure internet and wireless network connections.

The researcher, Mathy Vanhoef, has named the flaw KRACK, for Key Reinstallation Attack.

Any device that supports Wi-Fi is likely to be affected by KRACK, albeit devices will have different levels of vulnerability depending on their operating systems. Linux and Android are believed to be more susceptible than Windows and iOS, and devices running Android 6.0 are reportedly particularly vulnerable.

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Just one of 734: Australian defence contractor hacked

By Cameron Abbott and Olivia Coburn

A hacker has breached the computer system of an unnamed defence contractor and stolen 30 gigabytes of data, including information on Australia’s $17 billion Joint Strike Fighter program.

The data breach, which the Australian Government publicly disclosed last week, also includes information about Australia’s $4 billion P-8 surveillance plane project, Collins Class submarines and the warships HMAS Canberra and HMAS Adelaide. The Government has emphasised that the stolen data is commercially sensitive but not classified.

The announcement coincides with the release of the Australian Cyber Security Centre’s 2017 Threat Report, available here, which reveals that the hack is among 734 cyber incidents affecting private sector systems of national interest and critical infrastructure providers.

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SEC wants to collect more information – but can they protect it?

By Cameron Abbott and Olivia Coburn

The United States Securities and Exchange Commission (SEC) is facing scrutiny on its handling of a data breach that occurred in 2016 – but was only publicly disclosed on 20 September 2017.

Hackers accessed information on corporate filings intended for investors, which would be used for insider trading.

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Deloitte hack: Big four cyber-security advisor takes a hit

By Cameron Abbott and Olivia Coburn

“Big four” accounting and consulting firm Deloitte revealed on Monday that it was targeted by a hack that exposed its email system and client records.

Although Deloitte has not yet provided details on the full extent of the breach, it confirmed that the information accessed includes confidential emails and plans of some of its blue-chip clients. It also said that “very few” clients were affected.

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Equifax data breach: 143 million records exposed but senior executives not told immediately?

By Cameron Abbott and Olivia Coburn

Equifax has joined Yahoo on the podium for the award no one wants: suffering one of the largest data breaches in history.

Equifax, one of the three largest US credit reporting agencies, announced last week that it suffered a cybersecurity incident potentially impacting 143 million US consumers –  a figure comprising of roughly 55 per cent of Americans aged 18 years or older. Some UK and Canadian residents are also affected.

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