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Regulators Say FIIG Lacked Basic Security Measures to Prevent 2023 BreachThe Australian financial regulator has filed a lawsuit against FIIG Securities Limited, accusing the leading investment and financing company of having inadequate cybersecurity controls to stop a threat actor from stealing the confidential personal information of 18,000 customers.

Australian telco Optus allegedly left redundant website with poor access controls online for years The data breach at Australian telco Optus, which saw over nine million customers' personal information exposed, has been blamed on a coding error that broke API access controls, and was left in place for years.…

Bank Info Security 2 years, 4 months ago

Breach at Aussie Telecom Tangerine Affects 232,000 Customers

Customer Accounts Were Secured by MFA, But Contractor's Credentials Exposed DataAustralian telecom company Tangerine is blaming the compromise of a third-party contractor's credentials for exposing personal information of 232,000 customers, which had been stored in a legacy database. The breach exposed customers' names, birthdates, mobile numbers, addresses and account numbers.

Latitude blames a 'major vendor' for its woes. Is that a vendor? A cloud? Whoever they are, they're in trouble Latitude Financial has blamed a supplier for leaking creds that caused vast PII leak Australian outfit Latitude Financial has taken itself offline, and even stopped serving customers, while it tries to clean up an attack on its systems.…

Australia's Medibank uses a government-approved Band-Aid to cover a gaping 10-milion-record wound Australian health insurer Medibank – which spent October discovering a security incident was worse than it first thought – has announced it will not pay a ransom to attackers that made off with personal info describing nearly ten million customers.…

Data retention requirements to be considered alongside infosec failings Australian carrier Optus's recent data breach will be investigated by two regulators, the double trouble likely an indicator of the nation's displeasure at the incident – which saw almost ten million locals' personal data exposed online.…