Peter A Clarke

Cyber attacks on banks are becoming a very significant problem alongside pervasive ransomware attacks.  Recently a cyber attack on  Bangladesh Central Bank resulting in a theft of $81 million.

This issue has been highlighted by the international financial network SWIFT’s CEO Gottfried Leibbrandt who delivered the keynote address at the 14th annual European Financial Services Conference in Brussels.  He announced Read the rest of this entry »

In Email fail at Do Not Call Register, thousands of contacts exposed CRN reports on a significant data breach involving the release of thousands of emails  when an email was sent on behalf of the Don Not Call Register.  Interestingly ACMA in DNCR: enforcement outcomes sets out the consequences of breaches of the Do Not Call Register.  As late as Read the rest of this entry »

The US National Telecommunications and Information Administration (the “NTIA”) has since February 15 2015 been involved in considering the privacy, transparency and accountability issues regarding the use of drones.  Through its processes it has released an Read the rest of this entry »

Linked In’s problems since its database was breached and personal information stolen in 2012 continues at a pace.  In January affected Linked In users settled their claim for $13 million.  The BBC, amongst others (eg see  Hackers selling 117 million LinkedIn passwords, Change your LinkedIn password right now), reports that Linked In IDs are now being advertised for sale. That has Read the rest of this entry »

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The Privacy Commissioner has issued a draft guide to big data and the Australian Privacy Principles.  The closing dates for submissions is 26 July 2016.

It relevantly provides Read the rest of this entry »

Cabcharge has had a data breach.  This was identified by Riskbased Security, a cyber security company based in Virginia, USA, while doing some research.  The researchers notified Cabcharge who took action to remedy the problem but did not reply to the notification and did not notify its customers of the exposure of data.  That data identified by Riskbased security included Read the rest of this entry »

The Privacy Commissioner has done what he does best.  Another speech.  This time for the launch of Privacy Awareness Week.

The speech Read the rest of this entry »

Data breaches are equal opportunity problems, they affect both the private sector and government agencies. With data breaches of government sites the problem is not so much economic as economic and, often times, political.  In the United States cyber breaches at the Federal Deposit Insurance Corporation, the agency that safeguards bank deposits, has caused both political and economic problems for the agency and raised the ire of Congress. In April it was reported that a cyber breach affected 44,000 of the FDIC’s customers which revealed inadequate security controls.  Even though the breach was Read the rest of this entry »

Cyber attacks on banks are nothing new. Banks not surprisingly generally have better cybersecurity systems than most organisations, though not universally so.  One form of attack against banks (and here) is by means of malicious software, also known as malware. Malware is a regularly occurring problem with businesses and organisations of all types such as accountants, American Dental Association, government bodies, hotels and small businesses.

The global financial network SWIFT has issued a warning about a new very sophisticated malware threat which is obviously designed to exploit a vulnerability but has Read the rest of this entry »