The Albanese government’s naming of a Russian cyber thief responsible for the 2022 Medibank Private hack is a belated but welcome first in combating the rampant increase in cybercrime.
The consumer finance business has taken a heavy hit from the cyberattack which exposed personal details of 7.9 million customers sourced from retailers such as Harvey Norman,JB Hi-Fi,Coles and Apple.
The Australian and New Zealand privacy commissioners have announced a joint investigation into the hack of Latitude Financial,which exposed the details of millions of consumer finance customers.
Criminals who stole the data of 14 million consumers from Latitude Financial made a ransom demand to the consumer lender,which it is refusing to pay.
Home Affairs Minister Clare O’Neil says recent attacks on Optus,Medibank and Latitude Financial are just the “tip of the iceberg” for damaging cyberattacks.
The property giant contacted around 1900 staff and guests to inform them their data may have been accessed in the latest cyber incident involving an Australian company.
The data breach affects the driver’s licence numbers of 7.9 million Australian and New Zealand customers of retailers including Harvey Norman,JB Hi-Fi,The Good Guys and Apple.
Could it be that shareholders and consumers are becoming blasé about major data breaches?
The billionaire’s generosity towards Israel’s elite spark mass outrage,plus an ongoing corruption trial against Benjamin Netanyahu.
Hacked consumer finance outfit Latitude Financial provides services to Harvey Norman,JB Hi-Fi,Apple and others.
The regulator alleges that advertisements for interest-free payment methods didn’t give customers the full picture of the costs involved.