TPG Telecom falls as email hack targets business users' crypto, financial info

Australia's No. 2 internet services provider TPG Telecom Ltd said on Wednesday it had been notified of unauthorised access to a hosted exchange service that hosts email accounts of upto 15,000 business customers, dragging its shares over 5 per cent.

A report from the Australian Cyber Security Centre in November blamed the jump in attacks in majority of the incidents on inadequate software updates. "It does show to the world and to Australia that it is still quite easy for hackers to access customer records, which is obviously a huge negative and a lot of the other companies should definitely be wary," said Azeem Sherrif, a market analyst at CMC Markets.

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TPG Telecom says up to 15,000 email accounts of business customers hacked:Australia's No. 2 telecom provider TPG Telecom Ltd said on Wednesday its cyber security adviser Mandiant notified the company of unauthorised access to an exchange service that hosts email accounts of up to 15,000 business customers.The hack was an attempt to access customers' cryptocurrency and financial in
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Australia’s TPG Telecom says up to 15,000 e-mail accounts of business customers hackedThe hack was an attempt to access customers’ cryptocurrency and financial information, TPG said. Read more at straitstimes.com.
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