MPL News: Paying off hackers is common, says top Australian govt cybersecurity firm - 25th Oct 2022, 8:51am

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By Byron Kaye

SYDNEY (Reuters) -Corporate insurers routinely pay hackers a ransom for the return of stolen customer data, a top Australian government cybersecurity provider said on Tuesday, as the country's biggest health insurer revealed the growing scale of a recent breach.

The claim from Macquarie Telecom Group Ltd, which runs cybersecurity for 42% of Australian federal employees, including the Australian Taxation Office, gives a sense of a lack of preparedness in an industry that has been ...

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