Travel giant CWT pays $6.3m ransom to cyber criminals – Security

US travel management firm CWT paid US$four.5 million (A$6.3 million) to hackers who stole reams of sensitive corporate data files and said they had knocked 30,000 computers offline, according to a report of the ransom negotiations seen by Reuters.

The attackers used a strain of ransomware named Ragnar Locker, which encrypts computer data files and renders them unusable until eventually the victim pays for obtain to be restored.

The ensuing negotiations concerning the hackers and a CWT consultant remained publicly obtainable in an on line chat team, delivering a uncommon perception into the fraught relationship concerning cyber criminals and

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RMIT launches new cyber research centre – Training & Development – Security

RMIT College has currently opened a new cyber security research centre that will target on serving to sector deal with rapidly evolving security threats in Australia and globally.

The centre for Cyber Safety Investigate and Innovation (CSRI) is set to perform with federal government and sector leaders to coach the upcoming wave of security specialists, deal with sector-unique challenges and mitigate cyber threats.

Researchers from different schools at the college will contribute to the new centre to deal with the human and organisational aspects of security, as nicely as the technical aspects.

CSRI will be led by Professor Matt Warren,

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Govt mulls stricter cyber security accountability for agencies – Strategy – Security

The Lawyer-General’s Department has flagged that stricter cyber protection accountability mechanisms could be on the way for federal federal government businesses next a string of worrying cyber resilience audits.

But the federal government continues to be tight-lipped on no matter if cyber protection controls would be enforced, like it is reportedly contemplating for the private sector as part of the country’s up coming cyber protection system.

This is regardless of decades of subpar compliance with the Australian Alerts Directorate’s necessary Best 4 cyber mitigation approaches across federal government, as repeatedly discovered by the Australian Nationwide Audit Place of work.

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New taskforce to push cyber security standards – Strategy – Security

A cross-sector taskforce of specialists from the defence, electrical power, wellness and monetary expert services sectors has been produced to speed up the adoption of sector cyber security standards across Australia. 

The taskforce, which held its to start with meeting on Monday, is the consequence of an “Australian-first” collaboration in between the NSW authorities, AustCyber and Criteria Australia. 

It follows earlier studies on Monday that the federal authorities is crafting minimum amount cyber safety specifications for companies, together with essential infrastructure, as aspect of its next cyber safety strategy. 

The taskforce will focus its attempts on “harmonising baseline specifications

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Drinks maker Lion shuts IT systems after ‘cyber incident’ – Security

Rapid going shopper products big Lion has shut down its IT techniques soon after a “cyber incident” on Tuesday.

The assault was 1st claimed by the Sydney Early morning Herald, which explained the assault had “disrupted” manufacturing and distant access to techniques.

“Lion has seasoned a cyber incident and has taken the precaution of shutting down our IT techniques, leading to some disruption to our suppliers and customers,” the corporation explained in a brief assertion on its site.

“We’re working with qualified advisors to deal with the situation. 

“We have alerted the authorities and are working challenging to minimise

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