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10/23/2022

Cybersecurity News Round-Up: Week of October 17, 2022

Security Boulevard

Hello and welcome back to our weekly cybersecurity news round-up. 

The biggest story of the week is undoubtedly in Australia. The country is grappling with a massive cyber attack that’s impacted the country’s largest health insurer, Medibank Private Ltd.

This week the company said evidence was presented to them that personal information of 100 customers was stolen. That was part of a theft of 200 gigabytes of data which the company disclosed last week. In total Medibank serves at least four million customers. Australia’s cyber-security minister, Clare O’Neil, this week described the latest attack as “relentless”. The incident comes on the heels of recent cyber security attacks at Austrlian telecom providers Optus and Telstra, as well as technology consultancy Dialog. According to research by Imperva, between July 2021 and June 2022, cyber attacks in Australia increased by 81%. At the same time, Australia’s traffic only increased by 38%, showing that the rise in attacks is not simply due to increased network traffic. This trend grew over the past year, but increased sharply between December and January.

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