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An online cyber security seminar run by the Australian Institute of Company Directors had to be cancelled after suspected hackers attempted to steal attendees’ credit card details.
The Australian Institute of Company Directors (AICD) cancelled its cyber security symposium after posts on its online platform asked users to click links where credit card details were requested.
About 2,500 people were logged in to the event with about 4,800 people being registered at the time of the incident. In a statement, the institute warned that the links posted were not genuine and that it’s not known if any users entered details.
According to the institute’s managing director, Mark Rigotti, authorities had been contacted following the suspected hack.
“On behalf of the AICD, I would like to apologise for the inconvenience and potential disruption this has caused.
“We thank participants for their patience and understanding as we work through these issues.
“We recognise this experience has fallen well below the high standards our members rightly expect of the AICD,” Rigotti said.
The seminar was on new cyber governance principles developed by the institute and the Cyber Security Cooperative Research Centre.
The institute is urging anyone with concerns to contact their financial institution as soon as possible.
After the high-profile hacks on Australian companies that included Optus, Medibank, Woolworths’ site My Deal, and Vinomofo, security experts have welcomed data breach legislation.
Osh Ranaweera, secure business unit manager at Somerville, believes the change in data breach penalty legislation will help companies continue to review their data policies, and be more proactive in their approach to cyber security rather than it being a “set and forget” mindset.
“With data becoming more widely distributed in the current technology landscape, the risk of cyber attack is increased so more serious penalties are needed to ensure the protection of privacy of personal identifiable information.
“The change in legislation will no doubt encourage organisations to take cyber security more seriously which is very much needed based on recent high-profile data breaches,” Ranaweera said.
[Related: Lockheed Martin and Red Hat to advance AI for military missions]
Nastasha is a Journalist at Momentum Media, she reports extensively across veterans affairs, cyber security and geopolitics in the Indo-Pacific. She is a co-author of a book titled The Stories Women Journalists Tell, published by Penguin Random House. Previously, she was a Content Producer at Verizon Media, a Digital Producer for Yahoo! and Channel 7, a Digital Journalist at Sky News Australia, as well as a Website Manager and Digital Producer at SBS Australia. Nastasha started her career in media as a Video Producer and Digital News Presenter at News Corp Australia.
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