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Massive Data Breach Hits Australian Super Funds! Hackers Use Stolen Passwords to Access Accounts

Massive Data Breach Hits Australian Super Funds! Hackers Use Stolen Passwords to Access Accounts

Several major Australian superannuation funds, including AustralianSuper, Rest Super, Australian Retirement Trust, and Hostplus, have been targeted in a coordinated cyberattack, compromising thousands of member accounts. Hackers used a method called credential stuffing, where stolen passwords from past data breaches are used to access accounts. The incident has led to an urgent government response and increased calls for improved data security in the digital space.

Source: lkouniexam.in –

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