Insurance providers have forecast a growing demand for cyber insurance products in Australia as the government moves to crack down on data breaches.
To date, cyber insurance products – covering breaches of privacy law, data loss and DDoS attacks – have attracted more than $500 million a year in premiums worldwide.
An Australian state public transport system has been cracked by a group of security researchers who were able to replicate cards to enable free travel.
Theo Juleene, Karla Brunett, Damon Stacey, and Dougall Johnston used flaws in the system's decades-old custom cryptographic scheme to access transport data and reproduce tickets.
Australia has been described as a "testing ground" for the now infamous IT security support scams following a raid in which US authorities seized $US188,000 ($183,936) in assets held by dozens of outed fraudsters.
Australian Communications and Media Authority (ACMA) chief executive Chris Chapman said half of the 10,000 complaints it received in 2010 related to phone scams.
In a broadcast issued by DSD's Cyber Security Operations Centre, DSD has said that the new version of Apple's mobile operating system provides "notable security enhancements" that warrant the update, despite its acknowledgement that iOS 6 was still in evaluation.
"In particular, iOS 6 addresses a known vulnerability in Apple Mail's use of Data Protection on email attachments, which is unlikely to be retrospectively applied to iOS 5."
Huawei’s representatives are very disappointed because they were banned from participating in the development of Australia’s national broadband network (NBN). Even more so, as officials failed to reveal the reasons behind the decision.
The company’s chairman for Australia, John Lord, revealed his disappointment before a parliamentary committee at the end of last week, The Australian reports.