17 Apr, 2025

Australian pension funds hit by wave of credential stuffing attacks

Over the weekend, a massive wave of credential stuffing attacks hit multiple large Australian super funds, compromising thousands of members’ accounts. The Association of Superannuation Funds of Australia (ASFA), Australia’s advocacy body for the superannuation industry, said today that “a number of members were affected” even though the “majority of the attempts were repelled.” Reuters has learned […]

3 mins read

PayPal to pay $2 million settlement over 2022 data breach

New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state’s cybersecurity regulations, leading to a 2022 data breach. The Department of Financial Services (DFS) action says that threat actors took advantage of security gaps in PayPal’s systems to conduct credential stuffing attacks that provided access to sensitive […]

2 mins read