Paying off hackers is common, says top Australian govt cybersecurity firm
Byron Kaye reports:
Corporate insurers routinely pay hackers a ransom for the return of stolen customer data, a top Australian government cybersecurity provider said on Tuesday (Oct 25), as the country’s biggest health insurer revealed the growing scale of a recent breach.
The claim from Macquarie Telecom Group, which runs cybersecurity for 42 per cent of Australian federal employees, including the Australian Taxation Office, gives a sense of a lack of preparedness in an industry that has been in the spotlight amid a wave of high-profile hacks in the past month.
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