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SYDNEY - The Australian Bureau of Statistics revealed Friday it has been targeted by hackers many times, as they reportedly look to access market-sensitive information before public release. According to newly declassified documents and internal incident reports obtained by The Australian Financial Review, the ABS has been the subject of numerous attacks over the past four years.

The recent increase in the number and severity of cyber attacks around the world demonstrate that we’re squarely in an era referred to as the “industrialization of hacking” which has created a faster, more effective and more efficient sector profiting from attacks to our IT infrastructure.

Malware and attackers are increasingly targeting privileged accounts as part of multi-stage operations where they breach networks, gather information, and exfiltrate sensitive data, according to a recent report from security firm CyberSheath.

A DDoS Attack of Just 2Gbps Can Knock Most Websites OfflineOrganizations hoping distributed denial of service (DDoS) attacks are no longer incidents du jour and are beginning to slow down can think again: there were more attacks in 2012 and they aren't going away, according to Neustar.

THE HAGUE - More than 10 million Dutch citizens were unable to use their official online signature to pay bills and taxes because of a cyberattack, officials said Wednesday. The national DigiD system "is no longer accessible since Tuesday evening because of a DDoS attack," the interior ministry said in a statement.

SYDNEY - A self-proclaimed leader of the LulzSec international hacking group has been arrested in Australia, police said on Wednesday, after charging him with attacking and defacing a government website. The 24-year-old IT professional, who went by the online identity "ozshock", was seized at his office in a town 76 kilometres (47 miles) north of Sydney on Tuesday.

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