Sydney startup Qnect hit by cyber attack as government commits $15 million in cyber security grants for SMEs | SmartCompany

Australian Information Security Incident Reported: June 1 2017

Sydney-based events and ticketing startup Qnect has been hit by a cyber attack that involved thousands of its users receiving threats that their data would be posted online unless the business paid the attacker’s ransom.

The attack was not a direct assault on the company’s databases. Instead, Liang said one employee fell victim to a phishing email sent by the attackers, allowing them access to the company’s system.

Source: Sydney startup Qnect hit by cyber attack as government commits $15 million in cyber security grants for SMEs – SmartCompany

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