Computer frauds and cyberattacks

The digital landscape is evolving at an unprecedented pace, and with it comes an increasingly complex

and sophisticated cyber threat landscape. Recent cyberattacks in Australia have demonstrated the

critical importance of cybersecurity in safeguarding individuals, organisations, and national interests.

These attacks have highlighted the devastating consequences that can arise from security breaches,

ranging from financial losses and reputational damage to potential disruptions of critical infrastructure.

You in this assignment, will delve into the significance of cybersecurity in today's interconnected world,

examining the evolving nature of cyber threats and the pressing need for proactive measures to protect

against them. By understanding the importance of cybersecurity and the risks it mitigates, the focus is

how we can build a robust case for prioritising cybersecurity initiatives and fostering a culture of

awareness and preparedness.

Based on the above background discuss two recent high profile cyberattacks in the light of

following headings:

1.

How this attack has been perpetrated, who was/were behind the attack and what were

their motives.

2.

What could be the possible consequences of this data breach on consumers?

3.

How to prevent these types of attacks in future.

4.

What actions should government and law enforcement agencies should take to prevent

these types of attack in future.