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Australia hit by ‘sophisticated’ state-sponsored cyber attack

Australia has been targeted in a “sophisticated state-based” cyberattack, the country’s prime minister has said. Scott Morrison did not name the country responsible, and he said he made the threat public to “raise awareness.” He said: “This activity is targeting Australian organisations across a range of sectors, including all levels …

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Wirecard shares slump over missing €1.9bn

Shares in German payments company Wirecard have fallen more than 60% after the firm said its auditor had raised questions over cash balances worth €1.9bn (£1.7bn). Auditors EY had refused to sign off on Wirecard’s accounts, saying it was unable to confirm the money existed. The missing sum amounts to …

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