Last month, Prime Minister Tony Abbott chaired an unprecedented cyber security summit with CEOs and executives from Australia’s leading companies to address the increasing threat of online risks to Australia’s digital economy.
The minister of justice, Brendan O’Connor, warned enterprises to remain vigilant on cybercrime, despite following the charge of a 25-year-old unemployed truck driver for alleged hacks on organisations, including the University of Sydney, Distribute.IT and NBN Co retail customer, Platform Networks.
Web hosting provider, Netregistry, has admitted that some customers of Distribute.IT's subsidiary, Click 'n Go, who were acquired recently have decided to look around for other providers.
As Distribute.IT's server compromise and subsequent acquisition by Netregistry Group this week has shown, companies who are the subject of a hack attack can be taken out of business permanently. The scale of the Distribute.IT disaster raises issues both for customers who use hosting providers to store sensitive business information and for the providers themselves.
New South Wales-based hosting provider Netregistry Group has acquired Distribute.IT's customers and assets for an undisclosed sum.