Data breach could cost Medibank $35 million in 2024 – Strategy – Security
Medibank’s 2022 data breach cost the health insurer $46.4 million in the 2022-2023 financial year, and the total cost by next year could pass $80…
Category: ITnews
Perpetual customer-facing system still offline after third-party breach – Security – Finance
Perpetual’s customer-facing systems remain offline, months after the company first revealed a data breach, and with no clear timeline for restoration. While Perpetual doesn’t attribute…
NBN users may see twin price rises within six months – Telco/ISP
The ACCC has given preliminary backing to two price rises for NBN services within six months of each other, as it moved closer to approving…
RBA says central digital currency “likely to be some years away” – Finance – Strategy – Software
A collaborative undertaking by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) found a central digital currency is “likely…
SpaceX working with Cloudflare – Telco/ISP
SpaceX is working with Cloudflare to boost the performance of its satellite internet service Starlink, The Information reported, citing a person with direct knowledge of…
CBA cuts 221 roles in technology business division – Finance – Training & Development
The Commonwealth Bank of Australia has made 221 roles redundant, resulting in 88 job losses and an effort to “redeploy as many [of those affected]…
The rise of the cloud-conscious adversary – Partner Content – Security
The opportunities and benefits of the cloud have created new business models for organisations. But at the same time, criminal enterprises and other threat actors…
Vic trumpets digital driver licence trial success – Software
The Victorian government is claiming a success for its digital driver license (DDL) pilot in Ballarat, ahead of a statewide rollout “by 2024”. Government service…
Palo Alto Networks closes door on TunnelCrack – Security – Networking
Palo Alto Networks has published its response to the TunnelCrack VPN eavesdropping technique that academics demonstrated earlier this month. The researchers announced that most VPNs…
VMware, Nvidia target businesses that want their own AI – Software
VMware has developed a new set of software tools in partnership with Nvidia aimed at businesses which want to develop generative artificial intelligence in their…
Woolworths digital and analytics capabilities to only grow in importance – Strategy – Software
Woolworths Group says the role of digital and analytics capabilities is only increasing in importance, with the company continuing to build on existing foundations and…
Robust identity management bolsters security and boosts revenues in higher education – Partner Content – Security
The higher education sector is highly competitive. The diverse needs of students, educators and researchers coalesce in a melting pot that drives much of our…