Security Market Segment LS
Thursday, 21 February 2019 08:38

Tech veterans Kazacos and Coroneos set up cyber venture

Tech veterans Kazacos and Coroneos set up cyber venture Pixabay

Two veterans of Australia's technology and Internet industries have set up a company known as Icon Cyber that will attempt to gets its fingers into the growing cyber security market in the country.

Peter Kazacos, who founded the Kaz Group that was sold to Telstra for $333 million, and Peter Coroneos, a former chief of the Internet Industry Association, said in a statement that the new firm would focus on education, especially of board members and executive leaders, as a priority.

For starters, Icon Cyber is launching @STAKE, an immersive simulation of a cyber attack, part of a portfolio to be developed which is called Decision Rehearsal.

It aims to give those who are not, or have never been, at the coalface an idea of what it is to deal with a real-life cyber incident and all its inherent issues.

Coroneos will lead the new company. Said Kazacos: "Like many, I was impressed by Peter (Coroneos)’s innovative approach to cyber policy, demonstrated during his almost 15 years leading the IIA, by initiatives such as icode, later adopted in the US at the behest of the White House.

“Since leaving the IIA, Peter has remained active in the cyber security landscape taking icode internationally, delivering keynotes, writing authoritatively on cyber issues and recently launching the Cyber Security Advisers Network in APAC.

“As a highly respected Internet industry figure, and a key player in shaping the current Internet as we know it here, Peter’s deep insights into the causes of cyber risk behaviour as well as his strong leadership credentials were key factors in his recruitment.

"I expect his renewed advocacy will fundamentally shift current leadership thinking on managing human vulnerability.”

Coroneos, who launched a Cyber Breach Communication Handbook with brand consultant Michael Parker last year, said: “Despite two decades of cyber security awareness training in many forms, including the involvement of significant government funding, people are still making basic and avoidable errors.

"This tells us that awareness raising alone is not sufficient to mitigate human-caused risks. Early in my tenure at the IIA, I became convinced that sustained and measurable behavioural change was the necessary goal.

"Yet we’ve seen so little application of this in practice, suggesting that people are applying the same ineffective solutions and expecting that something will change. The approach is what has to change.”

Added Kazacos: “We both find it unsettling that those least able to sustain financial loss are, because of their naivety and the ever-increasing sophistication of scammers, most susceptible to it. We are committed to applying our approach to protecting those most in need."

Read 2118 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here


Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.

Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event



It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site and prominent Newsletter promotion and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.


Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

Share News tips for the iTWire Journalists? Your tip will be anonymous




Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News