Cyber and Privacy Update 27 Feb 2019

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Developments in the world of cyber and privacy

Friday 27 February 2019  

LandMark White (LMW) Limited suspended from Official Quotation following data breach
Last week LMW disclosed a data breach that has continued to significantly impact the organisation. LMW are now suspended from trading on the ASX, pending further investigations into the breach.
It is clearly having a significant impact on the group with a release noting “LMW has been suspended from receiving work from a significant number of our clients which is impacting our revenues, profitability and cashflows”

Click here for article: https://bit.ly/2NqM1BL

Australia’s major political parties targeted by foreign government cyber attack
The nation's cyber security agencies believed a foreign government was behind the attacks, which targeted the Australian Parliaments servers. Politicians and their staff lost access to their emails as security agencies reset passwords when the breach was detected.
Perhaps what was more interesting was following the press briefing by the nation’s chief cyber security adviser, Alistair MacGibbon, he was seen walking back into the room to collect him phone he left behind.
A fantastic example of both a targeted attack and a reminder of the fallibility of people.

Click here for article: https://ab.co/2X64WWQ

Toyota Australia hit by cyber attack
Toyota Australia’s servers were targeted on Tuesday, leading to employees apparently being locked out of their emails for days. Investigations are ongoing to determine who was behind the attack, and whether any private employee or customer data was breached. 

Click here for article: https://bit.ly/2NpqLw4

Severe vulnerabilities uncovered in popular password managers
A new study investigating the true security posture of password storage services has uncovered a swathe of vulnerabilities which can lead to the theft of valuable user credentials.

Click here for article: https://zd.net/2EsowVR

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