Latest cybersecurity reporting from selected sources.

Hackers Bypass MFA to Steal Australians' Banking CredentialsMelbourne-based ANZ Bank will introduce passwordless authentication for digital banking services amid news that hackers have stolen the banking credentials of tens of thousands of Australians. Cybercriminals used infostealer malware to steal the credentials of more than 30,000 Australians.

Also: Ransomware Hackers Demand BaguettesThis week, Chinese spying, Italian hacking scandal, an FBI warning and Okta fixed a bug. Google mandated MFA, zero days in PTZOptics and a Mexican airport didn't pay ransom. Cybercriminals demanded baguettes, breach lettersin Ohio and Germany will shield white hats. The Italian DPA rebuked a bank.

New Security Measures Follow High-Profile Hacks of Snowflake CustomersData warehousing platform Snowflake rolled out default MFA - as well as a 14-character password minimum - to shore up security in the wake of a series of cyberattacks in June that hit high-profile customers including Santander Bank, Advance Auto Parts, LA Unified School District and Neiman Marcus.

Automated Service Helped Subscribers Trick Victims Into Sharing One-Time CodesThree men have pleaded guilty to running OTPAgency, a subscription service for fraudsters designed to automatically phone targets and trick them into sharing the one-time codes criminals need to log into their bank accounts. The service targeted more than 12,500 individuals over its 18-month run.