TL;DR: From late 2023 into January 2024, attackers took over about 15,000 Australian online shopping accounts at brands including The Iconic, Dan Murphy’s, Guzman y Gomez and Event Cinemas. No company was hacked in the usual sense: attackers reused usernames and passwords from older breaches and spent saved cards and store credit. This is credential stuffing. In March 2025 the same method hit Australia’s biggest super funds: more than 20,000 accounts were accessed and four AustralianSuper members lost a combined $500,000. The fix is boring and effective: unique passwords plus MFA.

What happened

Information Age (ACS) reported in January 2024:

Prime Minister Anthony Albanese called scams a "scourge." Cyber Security Minister Clare O’Neil urged "strong and unique passphrases" and MFA.

How credential stuffing works

  1. A site you used years ago gets breached. Your email and password leak.
  2. Attackers load millions of leaked logins into automated tools.
  3. The tools try each one on other sites.
  4. Wherever you reused that password, they get in.
  5. Inside, they use saved cards, store credit or points, and grab personal info.

The company wasn’t "hacked" so much as you were, years ago, somewhere else. Annoying, but also fixable.

Then it hit retirement savings

Over the weekend of 29-30 March 2025, attackers used stolen passwords against several of Australia’s largest super funds, RNZ reported:

FundWhat happened
AustralianSuperUp to 600 member passwords stolen; four members lost a combined $500,000, according to an unnamed source
RestAbout 20,000 accounts, roughly 1% of members, affected by unauthorised activity
Australian Retirement TrustSeveral hundred accounts locked as a precaution
Insignia (MLC)100 Expand Wrap accounts accessed; no financial impact reported
HostplusTargeted; no losses reported

AustralianSuper said stolen passwords were used to get in. Prime Minister Anthony Albanese described such attacks as a "regular issue." The difference from the shopping wave: instead of designer clothes and alcohol, the prize was a retirement balance. More in our guide to super fund account attacks.

Why your old passwords are still worth money

According to Telstra, batches of stolen usernames and passwords can contain thousands of logins and sell on the dark web for a few dollars. Once inside a shopping account, attackers use saved payment details to buy goods such as designer clothing, high-end alcohol, gift cards and experiences, shipped to themselves. As Telstra puts it, "a breach of your password on one platform can potentially expose you to a breach on many others."

How to protect yourself

  1. Unique password for every account. A password manager makes it painless.
  2. Turn on MFA wherever offered, especially email, banking, super and shopping apps with saved cards.
  3. Remove saved cards from sites you rarely use. Telstra says saving card details on shopping sites is "akin to" the risk of reusing passwords.
  4. Use long passphrases for anything you have to remember. Telstra’s example, "CookSteakToTempOf48C," would take centuries to brute-force.
  5. Check breaches: our free exposure checker shows which breaches your email appears in, so you know which passwords to change first.
  6. Watch for login alerts and act on them.

If your account was taken over

More in our explainer on credential stuffing.

Frequently Asked Questions

What happened to Dan Murphy’s and The Iconic accounts?

In a wave of credential stuffing reported in January 2024, attackers used passwords from other breaches to log in and use saved payment details.

How many Australian accounts were affected?

About 15,000 since late November 2023, according to security firm Kasada.

What is credential stuffing?

Using usernames and passwords stolen in one breach to log into other sites where people reused them.

Were Australian super funds hit by credential stuffing?

Yes. In March 2025, stolen passwords were used against AustralianSuper, Rest and other funds. More than 20,000 accounts were affected and four AustralianSuper members lost a combined $500,000.

How do I stop credential stuffing?

Use a unique password for each account and turn on multi-factor authentication.

Sources

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