back to article Digital burglars break into the Australian Securities and Investments Commission

The Australian Securities and Investments Commission (ASIC) has admitted one of its servers was accessed without sanction and may have been digitally pawed by miscreants. The country's company and financial services regulator became aware of the incident on 15 January, which it said was "related to Accellion software used by …

  1. trist

    Outdated infrastructure...

    The ASIC website looks like it's from 1999. The security is probably last century also.

    1. TimMaher Silver badge

      Re: Outdated infrastructure...

      I thought ASIC referred to a type of comms. chip set.

      Always worrying when you get one of those antique web sites.

      1. trist

        Re: Outdated infrastructure...

        I think that the acronym came about around the time of TGS (The Great Three Letter Acronym Shortage) in the mid 90s.

        Not many people know, for instance, that the real reason the 3GPP was formed was not to promote open standards but to homogenize acronyms and to promote higher order acronyms. Hence the four letter acronym 3GPP.

        1. Danny 2 Silver badge

          Re: Outdated infrastructure...

          FLA is a TLA.

      2. Danny 2 Silver badge

        Re: Outdated infrastructure...

        Application-specific integrated circuit

        Any sort of custom chip. Fun!

  2. IGotOut Silver badge

    It's ok. The government won't pay the ransom!

    The crooks will just use your credit info instead.

  3. Diogenes


    I always thought it stood for asylum for shysters and international criminals.

    Miss submitting a form as a sole trader and the sky falls on you. Rip shareholders off, no worries, a fake divorce(Alan Bond) no watching the airports (Skase), seize thedrive from a surveillance camera and your target disappears

  4. Potemkine! Silver badge

    I wonder if we should not consider that by default any system connected to a network with an external connection is compromised.

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