australia hack – pressnews

[ad_1] A data breach at Australia's second-largest telco may have raised the country's profile as a hacking target, cybersecurity experts. A data breach at Australia's second-largest telco may have raised the country's profile as a hacking target, cybersecurity experts said on Thursday, as federal police began investigating a separate breach at the country's top health insurer. Since Singapore Telecommunications Ltd-owned Optus disclosed last month the theft of about 10 million customer records, equivalent to 40% of the country's population, the country's biggest companies and government bodies have been on high alert for repeat attacks. Already larger Optus rival Telstra Corp Ltd has disclosed a small breach of employee data, while No. 1 grocery chain Woolworths Group Ltd said a...

[ad_1] The cost for SingTel to make good customers exposed to one of Australia’s worst data breaches poses big risk to it. The cost for Singapore Telecommunications Ltd. to make good customers exposed to one of Australia's worst data breaches risks wiping out more than one-quarter of its annual profit.Optus, SingTel's Australian mobile-phone business, last week revealed hackers accessed the personal information of as many as 9.8 million customers -- over one-third of the population. Some 2.8 million of them lost details of passports, drivers licenses or government-issued medical identity cards, triggering concerns about large-scale identity fraud, according to the government. One week after the hack was disclosed, the scale a...

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After telco hack, Australia faces a wave of data breaches

Giant Data Hack in Australia Risks Eating Into SingTel’s Profit