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Australian Corporate Regulator Discloses Breach Involving Accellion Software

By Ionut Arghire on January 26, 2021 The Australian Securities and Investments Commission (ASIC) on Monday disclosed a security incident that involved Accellion software. An independent commission of the Australian government, ASIC is the national corporate regulator, overseeing enterprise and financial services and also tasked with the enforcement of laws designed to protect consumers, creditors, and investors in Australia. The newly disclosed incident, ASIC says, was identified on January 15, 2021, and resulted in unauthorized access to one of its servers, on which documents related to recent Australian credit license applications were stored. “This incident is related to Accellion software used by ASIC to transfer files and attachments,” the Australian regulator says.

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