Several Australian pension funds, including AustralianSuper and Australian Retirement Trust, have been hit by cyberattacks, resulting in customers losing over AU$500,000.
AustralianSuper confirmed 600 member passwords were compromised, with cybercriminals attempting fraud attacks.
Rest Super disclosed that the attack affected 20,000 accounts and has implemented cybersecurity incident response measures.
The Australian government acknowledged the cyberattacks and is working on a response to the incidents.