Latitude Financial Services has been slammed for holding on to historic data and a "she'll be right" attitude after the company was hit by a major data breach.
Millions of Australians have had their data compromised in recent major cyber attacks and while the crime may be committed virtually, it can have very real consequences for victims.
Ferrari NV, the parent company of the car manufacturer, said in a press release the company was contacted by a "threat actor with a ransom demand to certain client contact details".
Nearly 10 million Australians had personal data exposed last October but Optus CEO Kelly Bayer Rosmarin says none have fallen victim to the misuse of their data.
Popular Australian electronics retailer The Good Guys has revealed some of its customers' personal data has been stolen in a cyberattack on a third-party supplier.
A Russian millionaire with ties to the Kremlin was convicted of participating in an elaborate $128 million insider trading scheme using secret and stolen information from companies such as Microsoft.
The worst-case scenario for Medibank customers has come to fruition with those behind the cyber attack releasing what appears to be a vast amount of the data they obtained.
Medibank customers affected by last month's devastating cyber attack have begun receiving confirmation from the health insurance giant of which of their details have been stolen.
The "smartest and toughest" cybersecurity experts in Australia have been tasked with hunting down hackers in an overhaul of the nation's law enforcement methods.
Current and former customers of several high-flying Optus sub-brands, some which have been shut down for years, could be among the 9.8 million victims.
Today's news that purported hackers have started releasing the personal details of Medibank customers online is sure to have ratcheted up the tension felt by customers of the healthcare insurer.
Robin Motherway has never been an Optus customer, so she was totally baffled to get a letter from the teleco advising she was one of 9.8 million people hacked