Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used a flaw in the company's code to steal emails from U.S. government agencies and other clients.
China should allow cross-border sharing of information by financial firms operating in the country, a leading financial lobby group said, as authorities tighten control of data generated within its borders in a national security drive.
Australia's banking regulator told insurer Medibank on Tuesday it would have to set aside A$250 million ($167 million) in extra capital, citing weaknesses identified in its information security after a major hacking breach.
Australia on Friday named a senior air force commander as its first cybersecurity boss to help lead the government's response to major data breaches and boost the nation's security capabilities amid a recent spike in network intrusions.
Australia's largest private health insurer Medibank Private on Tuesday said a file containing names and contact details of staff members had been compromised after its property manager faced a cybersecurity breach.