Australia beefs up cyber defences after major breaches

Australia beefs up cyber defences after major breaches

SYDNEY, Nov 22 (Reuters) – Australia will give cyber health checks for small businesses, increase cyber law enforcement funding and introduce mandatory reporting of ransomware attacks under a security overhaul announced on Wednesday after a spate of attacks. The federal government said it will also subject telecommunications firms to tougher cyber reporting rules which apply…

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Australia says hacks surging, state-sponsored groups targeting critical infrastructure

Australia says hacks surging, state-sponsored groups targeting critical infrastructure

A 3D printed model of men working on computers are seen in front of displayed binary code and words “Hacker” in this illustration taken, July 5, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights SYDNEY, Nov 15 (Reuters) – State-sponsored cyber groups and hackers have increased assaults on Australia’s critical infrastructure, businesses and homes, a government…

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Flows into AI funds wane as US rate worries weigh

Flows into AI funds wane as US rate worries weigh

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 2 (Reuters) – Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear persistently high U.S. interest rates will hurt…

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