Effect of computer hacking on investors and customers

[SirRumpole]

The recent computer hacks on Optus and Medibank are just precursors to further hacking unless serious action is taken.

The attacks threaten the credibility of those company's security measures as well as exposing customers to fraud and shareholders to ransom claims.

It's incredible to me that the CEO's have not resigned or be sacked for allowing their companies to be so vulnerable. Heads have to roll to restore some credibility and large fines should be levied to ensure that companies take security seriously.

What else do members think can be done ? A national firewall perhaps ? It's getting to the point that we can't trust anyone who holds our data, not even governments.

Medibank says all customers' personal data compromised by cyber attack

Medibank has confirmed the criminal entity behind the cyber attack on the company had access to the data of about 4 million current customers, and many former ones too.

www.abc.net.au

 

[Dona Ferentes]

I'd be quite happy when signing on to a new business to walk in to the office, have some full-time employee sight my ID, tick a box for the 100 points or whatever, but store no information in their system, and do it that way to become a happy customer.

A little inconvenient for many, but it would be my preferred choice.

 

[Smurf1976]

I'd be quite happy when signing on to a new business to walk in to the office, have some full-time employee sight my ID, tick a box for the 100 points or whatever, but store no information in their system, and do it that way to become a happy customer.

A little inconvenient for many, but it would be my preferred choice.

Could even be done at Australia Post given their staff would (I assume) have the relevant security clearances and so on to be verifying ID.

AP staff just tick the box and sign it that ID has been verified but nothing retained on file.

 

[divs4ever]

Could even be done at Australia Post given their staff would (I assume) have the relevant security clearances and so on to be verifying ID.

AP staff just tick the box and sign it that ID has been verified but nothing retained on file.

WHAT ?? and miss all the third-party advertising opportunities ??

you are too old school for 'the modern economy '

( i can't wait for the current system to unravel )

you think it is data , and they think ad revenue

 

[qldfrog]

The recent computer hacks on Optus and Medibank are just precursors to further hacking unless serious action is taken.

The attacks threaten the credibility of those company's security measures as well as exposing customers to fraud and shareholders to ransom claims.

It's incredible to me that the CEO's have not resigned or be sacked for allowing their companies to be so vulnerable. Heads have to roll to restore some credibility and large fines should be levied to ensure that companies take security seriously.

What else do members think can be done ? A national firewall perhaps ? It's getting to the point that we can't trust anyone who holds our data, not even governments.

Medibank says all customers' personal data compromised by cyber attack

Medibank has confirmed the criminal entity behind the cyber attack on the company had access to the data of about 4 million current customers, and many former ones too.

www.abc.net.au

Especially not government

 

[Dona Ferentes]

from archTIS (AR9) Quarterly


Rise in data breaches and insider incidents provides increased awareness to Security vendors:

1. Employee or contractor negligence ... 56%
2. Criminal & malicious insider ................ 28%
3. Credential thief (imposter risk) ........... 18%

 

[SirRumpole]

Digital ID's.

Worth considering ?

What can a small Baltic nation teach Australia about protecting our identities from hackers?

After the Optus and Medibank hacks, cyber security experts suggest looking at a mostly secure system used overseas that is more convenient and does not leave a trail of personal identity data behind online.

www.abc.net.au

 

[mullokintyre]

Any org that does not have two factor authentication will struggle to get my attention.
Mick

 

[SirRumpole]

Another hack, this time of MedLab.

https://www.businessnewsaustralia.com/articles/medlab-pathology-caught-up-in-cyber-incident-targeting-223-000-patients-and-staff.html

 

[divs4ever]

awesome , maybe i can get my test results without going to get the sugar-coated version from the GP

 

[SirRumpole]

awesome , maybe i can get my test results without going to get the sugar-coated version from the GP

You may be contacted by the crim and told "pay us $100k or we'll tell you you have cancer".

 

[divs4ever]

LOL , i would probably believe him/her i have been fed enough radioactive dye in the last 6 years , about a dozen X-rays as well

but even the GP isn't worth $100,000 to me , i would just change to the straight shooter ( who had a diplomacy bypass .. just like me )

and they can't rat to my boss about 'substances ' i already have to get special exemptions for the stuff i am on ( it probably won't 'cure ' cancer until the patent runs out )

 

[Gringotts Bank]

WHAT ?? and miss all the third-party advertising opportunities ??

you are too old school for 'the modern economy '

( i can't wait for the current system to unravel )

you think it is data , and they think ad revenue

It's amazing when you buy something in a large retail store like JB how they ask for your email when you check out. I think most customers must just hand it over because when I say no, I tend to get this look from the checkout person. As if it's an unusual response.

 

[qldfrog]

You may be contacted by the crim and told "pay us $100k or we'll tell you you have cancer".

If you do a deal and they tell you you are cured for 50k, best deal ever??

 

[divs4ever]

If you do a deal and they tell you you are cured for 50k, best deal ever??

sadly the crims might be more likely to cure it than the doctors ( most cancer survivors do into remission .. have had two melanomas removed from my head )

why am a tiny bit annoyed, several doctors told my parents than i needed plenty of sunshine , to grow healthy ( sunburn , blisters , freckles and melanomas )

 

[Smurf1976]

It's amazing when you buy something in a large retail store like JB how they ask for your email when you check out. I think most customers must just hand it over because when I say no, I tend to get this look from the checkout person. As if it's an unusual response.

I think part of it is how quickly all this has become an issue.

It wasn't long ago that every household had a big book that listed everyone else's street address and phone number. Every year a new one was delivered just to make sure we all had up to date information.

The idea that names, addresses and contact information would be regarded as confidential is relatively new.

 

[divs4ever]

not to me , i have never had a phone line in my own name in my life ( i either shared a house , or lived without a landline connection

 

[Smurf1976]

not to me , i have never had a phone line in my own name in my life

There's always an exception.....

 

[Gringotts Bank]

I think part of it is how quickly all this has become an issue.

It wasn't long ago that every household had a big book that listed everyone else's street address and phone number. Every year a new one was delivered just to make sure we all had up to date information.

The idea that names, addresses and contact information would be regarded as confidential is relatively new.

Yes, but I remember wealthy people and public figures were never listed in phone books. Silent numbers.

 

[divs4ever]

There's always an exception.....

and i still get spammers and scammers ( just less than most )

i guess i should have kept an associate's number ( he used to troll and track , he LOVED scammers and spammers )

but yes i am just wired differently to most