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Message   VRSS    All   Hackers Strike Australia's Largest Pension Funds in Coordinated   April 4, 2025
 12:20 PM  

Feed: Slashdot
Feed Link: https://slashdot.org/
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Title: Hackers Strike Australia's Largest Pension Funds in Coordinated
Attacks

Link: https://it.slashdot.org/story/25/04/04/174220...

Hackers targeting Australia's major pension funds in a series of coordinated
attacks have stolen savings from some members at the biggest fund, Reuters is
reporting, citing a source, and compromised more than 20,000 accounts. From
the report: National Cyber Security Coordinator Michelle McGuinness said in a
statement she was aware of "cyber criminals" targeting accounts in the
country's A$4.2 trillion ($2.63 trillion) retirement savings sector and was
organising a response across the government, regulators and industry. The
Association of Superannuation Funds of Australia, the industry body, said "a
number" of funds were impacted over the weekend. While the full scale of the
incident remains unclear, AustralianSuper, Australian Retirement Trust, Rest,
Insignia and Hostplus on Friday all confirmed they suffered breaches.

Read more of this story at Slashdot.

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