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Showing posts from April, 2025

Why Penetration Testing Is No Longer Optional for Australian Businesses (Even Small Ones)

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From Superannuation Breaches to Ransomware – Why Pen Testing Is a Must for Aussie Businesses You’re not too small to be a target. And you’re not too “secure” to be breached. One of the most effective ways to take control of your cybersecurity posture is through penetration testing (also called "pen testing"). But many SMBs still see it as something only for banks or ASX-listed giants. That thinking? It’s outdated, risky, and costly in the long run. What Is Penetration Testing, Really? Penetration testing simulates a real cyberattack on your business — without the actual damage. A skilled ethical hacker (or “red team”) tries to break into your systems, apps, or cloud services the same way a malicious actor would. But instead of stealing your data, they show you exactly how they got in and how to fix it. To identify real-world weaknesses before someone else does. Why It Matters More Now — Especially in Australia Cyber attacks against Australian businesses a...

Australian Superannuation Funds Hit by Cyber Attacks: What Happened and What It Means for Everyday Australians

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  In a week where many Australians logged in to check their super balances, some were met with a chilling sight: a $0 balance. Not a glitch. Not a late deposit. But the aftermath of what’s now shaping up to be one of the most unsettling cyber incidents to hit the superannuation sector in recent memory. With AustralianSuper confirming over 600 attempted cyber attacks in the last month — and at least $500,000 in retirement savings stolen from four members — this event is more than just a technical failure. It’s a wake-up call. Let’s unpack what happened, how it unfolded, and what this means for super funds, regulators, and everyday members who are now understandably asking: “Is my money safe?” What We Know So Far AustralianSuper , the nation’s largest retirement fund with 3.5 million members , was the most significantly impacted, facing a wave of attacks over recent weeks. While the fund says most attempts were repelled, four members still had funds stolen — and the platform...