Australia-based securities regulator hit by cybersecurity breach

Monday 25 January 2021 13:32 CET | News

Australia’s securities regulator ASIC has declared a cybersecurity breach at a server it used to transfer files including credit licence applications, according to Reuters.

The Australian Securities and Investment Commission (ASIC) said it became aware of the incident on 15 January although it does not appear the credit licence forms or attachments were downloaded. Reuters cites an official release stating: “While the investigation is ongoing, it appears that there is some risk that some limited information may have been viewed by the threat actor.’

The server has been disabled and no other tech infrastructure has been breached, ASIC added. The incident occurred with the file sharing software provided by US-based Accellion. The same software was also used by New Zealand’s central bank, who faced a cyberattack earlier in January 2021.

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Keywords: Australia, ASIC, securities, regulator, cybersecurity, cyberattack, cybercrime, US, Accellion, New Zealand, central bank, credit licence
Categories: Banking & Fintech
Countries: Australia
This article is part of category

Banking & Fintech