Incident: Aussie ‘hacker’ jailed for unauthorised access and insider trading | ZDNet

Incident: Aussie ‘hacker’ jailed for unauthorised access and insider trading | ZDNet

Australian Information Security Incident Reported: June 25 2019

The IT consultant has been sentenced to three years in prison.

An Australian IT consultant has on Tuesday been sentenced to three years imprisonment after pleading guilty to a total of 11 charges for insider trading, unauthorised access to data with the intention to commit a serious offence, and the alteration of electronic devices required by the Australian Securities and Investments Commission (ASIC).

According to a statement from ASIC, Steven Oakes hacked into the private computer network of Melbourne-based financial publisher Port Phillip Publishing (PPP) between January 2012 and February 2016.

Source: Aussie ‘hacker’ jailed for unauthorised access and insider trading.

ASIC reports on cyber resilience assessments of financial markets firms | ASIC

An ASIC report on the cyber resilience of over 100 firms operating across Australia’s financial markets has shown a growing understanding of cyber risks, but there is still some progress to be made.

Report 555 Cyber resilience of firms in Australia’s financial markets collates and analyses the results of self-assessments from over 100 stockbrokers, investment banks, market operators, post-trade infrastructure providers and credit rating agencies.

Source: 17-412MR ASIC reports on cyber resilience assessments of financial markets firms | ASIC – Australian Securities and Investments Commission

Corporate watchdog ASIC in privacy breach exposing users’ search history | The Guardian

Australian Information Security Incident Reported: November 9 2017

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Australia’s corporate regulator has committed a serious privacy breach via a flaw in its website that exposes the search records of anyone tapping into its company database.

Source: Corporate watchdog Asic in privacy breach exposing users’ search history