TsaroLabs - Security Integrated

World’s biggest cybercrime so far

Optus, a leading Australian Telecommunication company, recently fell prey to Cybercrime and Data Breaching offenses.

Last Thursday, the company came forward with details of the loss. The attack exposed information including customers’ names, dates of birth, phone numbers, email addresses, and – for some – physical addresses, ID document numbers such as driving license or passport numbers. Payment details and account passwords were not compromised.

According to them, the crime has breached enough information to open a Bank account and severely damaged the company. 

Optus CEO Kelly Bayer Rosmarin stated that The incident had left the company ‘Devastated.’ 

He said, “As soon as we knew, we took action to block the attack and began an immediate investigation.”  

Rosmarin issued a statement confirming the disturbances and unusual activities on their site and started investigating the culprit and the purpose of breaching.

This accident has devastated the company. As a result, they will now impose better cyber security with personal Notification and third-party monitoring services to restrict higher risk.

The Australian Cyber Security Center, the Australian Federal Police, and the Office of the Australian Information Commissioner are working with Optus to find out the culprit and shut down specific systems to prevent further data breaches. 

Recently, the Australian Government has slammed the company for putting data belonging to 40% of the country’s population at risk. The Government has yet again criticized the second largest Telecom company, Optus, and enquired about the aftermath of the cybercrime. The crime almost affected 10 million accounts.

The Government urges the company to accelerate notification to its 10,200 customers whose personal information was breached in the offense.

Overall, if we look around, cybercrime has picked up a fast pace across the globe. It’s not only limited to the Biggies of various lines of businesses, but it also makes a troublesome journey for SMEs. 

At TSARO Labs, we believe in providing best-in-class and industry-recognized solutions to our customers by protecting them from ransomware threats and other cyber attacks.

Please write to us to know more or get the demo on Cyber Security!

connect@tsarolabs.com    

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About TSARO LABS

Tsaro labs were founded in 2017 and are operating in America, the Middle East, and India. As a company, we provide IT solutions and security against cyber threats. We have successfully made our way to secure top companies listed in the Forbes 100. We are proud to provide complete protection for your data to stay free from any cyber attack.

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