Feeds

Fund manager withdraws legal threat over security vuln

Sanity prevails

High performance access to file storage

First State Super, the company that called the police and fired off legal threats when a security researcher notified it of vulnerabilities in its online funds management application, is reportedly softening its stance.

According to Australia’s Financial Standard, the company has decided against further legal action, and instead is setting up a meeting with Patrick Webster, who notified the company that its use of direct object references in the URL bar meant any logged-in user could view other users’ information merely by changing the ID number.

After originally welcoming the notification, the company then called police and sent legal letters threatening Webster.

The ensuing media storm, which began when Webster told his story to security podcaster Patrick Gray and was broken on his Risky Business site, has apparently helped bring about the change of heart. While the fund still needs to ensure that Webster has not retained any of the records he downloaded when crafting his proof-of-concept, FSS has now arranged a meeting with him.

However, FSS is still subject to criticism for other aspects of its response to the security breach. Its decision to notify only those users whose data was downloaded by Webster has come under fire from acting NSW Privacy Commissioner John McAteer, who believes that all of its customers should have been notified.

The Australian Privacy Commissioner, Tim Pilgrim, has also launched an investigation into the matter. ®

High performance access to file storage

More from The Register

next story
Parent gabfest Mumsnet hit by SSL bug: My heart bleeds, grins hacker
Natter-board tells middle-class Britain to purée its passwords
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Web data BLEEDOUT: Users to feel the pain as Heartbleed bug revealed
Vendors and ISPs have work to do updating firmware - if it's possible to fix this
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Call of Duty 'fragged using OpenSSL's Heartbleed exploit'
So it begins ... or maybe not, says one analyst
NSA denies it knew about and USED Heartbleed encryption flaw for TWO YEARS
Agency forgets it exists to protect communications, not just spy on them
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.