Prime Time with Bec Wilson

BONUS EP: The Super Hack Explained

14 snips
Apr 17, 2025
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INSIGHT

Major Super Fund Cyber Hack

  • Six of Australia's largest super funds were hacked using customer login data stolen from unrelated breaches.
  • This raises serious concerns about the security of Australians' retirement savings.
INSIGHT

Password Reuse Risks Highlighted

  • Cybercriminals used leaked email-password combinations from breaches like Optus to access super accounts.
  • Variable multi-factor authentication standards across funds created loopholes exploited by hackers.
ANECDOTE

Zero Balances Trigger Panic

  • After the hack, Australian Super's website showed zero balances to some customers, causing panic.
  • The issue was a communication disconnect between the website's front and back ends under pressure.
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