Looks like there's been a decent cyber attack at Australian Super - so far, 4 members have confirmed losing up to $500k total.
I've just checked and I can't login or see my balance.
Other funds impacted include:
Rest, Host Plus, Insignia and Australian Retirement
Still can't logon at the moment.
not sure if my account has been a target but my email address linked to my super account has hundreds of unsuccessful login attempts from at least 20 different countries in the last few days.
my email address linked to my super account has hundreds of unsuccessful login attempts from at least 20 different countries in the last few days.
and you're still
not sure if my account has been a target
It's okay, the pollies have a different retirement fund so there's no need to change anything security wise…..
You probably blame Microsoft when your email with password password321 is hacked and no multi factor authentication turned on
try to log in for 2days now no hope it worst then buying Taylor Swift tickets last year
ART is back for me. I can login.
Not really concerned, super funds aren't like crypto where the wallet can be hacked and funds transferred out to never be seen again.
They can in a couple ways:
1) You're at retirement age and can now access the funds
2) By switching to a SMSF or another dodgy super fund
Decades ago, I used to work for a super fund administrator. What puzzles me about this attack is just how the scammers managed to get past all the APRA checks and balances a fund needs to carry out in order to release money to a person. It's not like a normal bank account where you just input how much and where to send, funds would have to check eligibility criteria for withdrawal, destination of funds, AML/KYC checks. I'm astonished that no red flags appeared at any of these stages, and that not even a simple phone call was conducted if monies were leaving the "super system".
Good old retail super funds 😂 Balanced fund = 80 growth 20 defensive