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    Cybersecurity

    Yesterday

    Tehran has long threatened to retaliate against Donald Trump over the 2020 drone strike he ordered that killed prominent Revolutionary Guard General Qassem Soleimani.

    Trump’s campaign says its emails were hacked

    The former president’s team accused Iran of stealing sensitive internal documents, a day after Microsoft warned of foreign interference in the US election.

    • Bill Barrow

    This Month

    Authorities say a cyber incident happens once every six minutes in Australia.

    Companies to face fines for failing to disclose cyber ransom payments

    Legislation due to be introduced to federal parliament within weeks will require businesses with a turnover of $3 million or more to report payments to hackers.

    • Tom McIlroy

    July

    Tech meltdown revealed a fundamental flaw in plain sight

    The global CrowdStrike breakdown revealed just how much of the global IT system is built on inherently unsafe code.

    • Tom Burton
    Google planned to make Wiz a key part of its fight against Microsoft and Amazon Web Services.

    Google’s biggest acquisition falls over as $35b offer rejected

    Cybersecurity firm Wiz has turned down a mammoth takeover bid from Google’s parent company, Alphabet, sticking with an IPO plan.

    • Lynn Doan and Julia Love
    Joe Biden and Kamala Harris.

    Biden should go one step further and resign as president now

    Letters from readers on the US election; Michael Stutchbury stepping down; climate analysis; pension reform; and protecting healthcare from cyber threats.

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    A new battleground: Why companies need a digital bodyguard

    New cybersecurity threats and the targeting of senior executives have prompted businesses to adopt a ‘whole of organisation’ approach.

    • Ben Powell
    CrowdStrike shares are down, but its long-term prospects look fine, according to investment experts.

    Why investors see an opportunity in CrowdStrike shares

    Australian stock pickers say a plunge in CrowdStrike’s shares after it caused a global outage represents a buying opportunity, with slim cyber pickings on the ASX.

    • Tess Bennett
    Medibank is facing increasing legal challenges related to a 2022 data breach.

    Huge cyber fines to be ‘Ford Pinto’ moment Australian business needs

    The threat of business-crushing penalties could change the economics of storing sensitive data and cybersecurity investment.

    • Paul Smith

    Big tech domination leaves Canberra, states ‘highly vulnerable’

    According to some estimates, Microsoft’s Windows and its 365 suite of office software run on more than 80 per cent of federal and state government computers.

    • Tom Burton
    Experts say the swift and effective intervention of the National Co-ordination Mechanism, under Home Affairs Minister Clare O’Neil, was a positive sign that Australia is becoming better at responding to IT disasters.

    Why business is left helpless when big tech stuffs up

    Experts say there is little most organisations can do to avoid future calamities like the CrowdStrike outage, but Australia’s emergency responses are improving.

    • Paul Smith
    A blue screen of death.

    CrowdStrike failure raises billion-dollar compensation question

    Insurers could bear the brunt of costly fallout from the global IT outage on Friday, as techies at companies worked over the weekend to get services back up and running.

    • Paul Smith and Ronald Mizen
    The CrowdStrike IT outage affected everything from airlines to supermarkets.

    Global IT outage the wake-up call we needed

    We can’t rely on luck to avoid these scenarios. We have to face the hard truths of cyberspace and to finally do something about them.

    • Katherine Mansted
    The digital paralysis rapidly spread around the world causing massive disruption at banks, airports, hospitals, television stations and many other organisations.

    Digital paralysis shows the dangers of e-globalisation

    Globalisation may be slowing, but e-globalisation is still accelerating. It is essential that, as far as possible, its dangers are minimised.

    • John Thornhill
    CrowdStrike CEO George Kurtz said: This is not a security incident or cyberattack. The issue has been identified, isolated and a fix has been deployed.”

    What is CrowdStrike? The IT giant behind the global meltdown

    Flights were cancelled, broadcasters went off air, trains didn’t run and medical procedures were delayed around the world.

    • Kate Conger and Claire Moses
    China is suffering from an increased number of cyberattacks.

    Hunter to hunted: China hit by rise in cyberattacks

    Cyberattacks shutting down access to Chinese websites have ramped up significantly in the first part of 2024.

    • Andrew Tillett
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    Woolies, Harris Farm, Tesla chair, pile in to back biosecurity start-up

    ExoFlare has plans to build a global biosecurity tech firm, modelled on international cybersecurity players, and has big-name backers watching as it helps tackle bird flu.

    • Paul Smith
    Adrian MacKenzie’s Five V Capital was a director at Penten until last year.

    Five V boots up $400m payday at Canberra cybersecurity biz Penten

    Houlihan Lokey’s appointment shows Five V is hopeful of snagging a North America buyer.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    The hacker was able to obtain the data after accessing an AT&T system through a third-party cloud platform, according to AT&T’s disclosure.

    AT&T hack undermines US national security, experts say

    The telco giant said a hacker had compromised its network and stolen records of calls and text messages from nearly all of its 100 million wireless customers.

    • Ryan Gallagher
    Foreign Minister Penny Wong has criticised malicious foreign cyber activities.

    Where do Australia’s China ties go after hack?

    The public outing only raises the question of where Australia takes the matter from here, and what it expects China to do.

    • The AFR View
    APT40 is based on the Chinese island province of Hainan in the south of the country.

    Who are the Chinese hackers named by Australia?

    They are based in China’s south and have allegedly operated via a front company called the Hainan Xiandun Technology Development Co.

    • Nick Bonyhady