Suspects paraded as police reveal new details on Australian Bali villa shooting
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Sydney Morning Herald
34 minutes ago
- Sydney Morning Herald
With cyber-attacks on the rise, how safe is your super?
Superannuation shouldn't be set and forget. Our six-part series shows you how to regularly check in on your retirement. See all 9 stories. In 2023, Latitude Financial had 14 million customer records stolen from its system in a cyber-attack. In 2024, a hack on Medibank resulted in the personal details of 9.7 million customers being published on the dark web. In April, it was Australian Super who became the target of cyber criminals, with a combined $500,000 stolen from four of its members. Clearly, cyber-attacks on superannuation funds are on the rise – and there's a big reason why. 'Superannuation is a $4 trillion Australian business,' says Kam-Fung Cheung, a lecturer in cybersecurity at the University of New South Wales Business School. Superannuation represents an attractive pool of wealth to hackers. Which makes taking steps to protect it critically important – for both funds and individuals. 'For many Australians, their superannuation is going to be either the largest or second-largest asset they'll ever own,' says Jo Brennan, group executive, member engagement, education and advice at Aware Super. Loading 'It's really super-important to be very vigilant and to protect and be across your super.' So how can you protect your superannuation? Here's what the experts say. How your fund can keep your money safe Hackers typically gain access to super funds by purchasing passwords from data leaks via the dark web, then using those passwords to log into super accounts – a practice Cheung says is called 'credential stuffing'.
The Age
39 minutes ago
- The Age
With cyber-attacks on the rise, how safe is your super?
Superannuation shouldn't be set and forget. Our six-part series shows you how to regularly check in on your retirement. See all 9 stories. In 2023, Latitude Financial had 14 million customer records stolen from its system in a cyber-attack. In 2024, a hack on Medibank resulted in the personal details of 9.7 million customers being published on the dark web. In April, it was Australian Super who became the target of cyber criminals, with a combined $500,000 stolen from four of its members. Clearly, cyber-attacks on superannuation funds are on the rise – and there's a big reason why. 'Superannuation is a $4 trillion Australian business,' says Kam-Fung Cheung, a lecturer in cybersecurity at the University of New South Wales Business School. Superannuation represents an attractive pool of wealth to hackers. Which makes taking steps to protect it critically important – for both funds and individuals. 'For many Australians, their superannuation is going to be either the largest or second-largest asset they'll ever own,' says Jo Brennan, group executive, member engagement, education and advice at Aware Super. Loading 'It's really super-important to be very vigilant and to protect and be across your super.' So how can you protect your superannuation? Here's what the experts say. How your fund can keep your money safe Hackers typically gain access to super funds by purchasing passwords from data leaks via the dark web, then using those passwords to log into super accounts – a practice Cheung says is called 'credential stuffing'.
Sydney Morning Herald
21 hours ago
- Sydney Morning Herald
WA news LIVE: Findings in Cleveland Dodd inquest expected today
Latest posts Latest posts 9.30am Findings in Cleveland Dodd inquest expected today Warning: this report contains the name and image of a deceased Indigenous person, with his family's permission. The coroner heading the inquest into the 2023 death of Cleveland Dodd is expected to hand down their preliminary findings this afternoon. The 16-year-old was the first child to die in custody in Western Australia, after he was held in the notorious Unit 18 at Casuarina Prison. His family yesterday rejected an apology from the WA government saying words are cheap. 'Animals get treated more better than my grandson, who asked for a cup of water in a prison that wasn't even meant to be for a 16-year-old boy,' said Roslyn Sullivan. During the inquest it was revealed the teen spent an average of just three minutes a day outside his prison cell. The family's lawyer described the suicide death as predictable, inexcusable and preventable. 9.25am Across the country and around the world Making headlines across the country and around the world: Home values look set to continue climbing in the latter half of the year after nearly every corner of the country recorded growth in June, and as the Reserve Bank faces mounting pressure to further cut interest rates. The jury in the mushroom murder trial began their deliberations on Monday after a final 'fundamental' warning that Erin Patterson is innocent until proven guilty. It's not just end-of-financial-year sales that could hit your hip pocket from July 1. Depending on your stage of life and where you live, increases to household bills and other expenses – including driving fines in some jurisdictions – could leave your wallet lighter than is comfortable. But there are also some stipulations that may see millions of Australians bolster their savings. Here are the July 1 changes you should know about. Australia stared down a disastrous Wimbledon wipeout for much of the first four hours on Monday until a wounded Jordan Thompson stepped in to pull off another Houdini act at the All England Club.
