Security Market Segment LS
Tuesday, 26 October 2021 23:17

Varonis research finds 63% of Australian organisations expect a cyberattack within a year

By

The Varonis 2021 Australian Cybersecurity Risk Report determines nearly two-thirds of Australian organisations think a potential cyberattack on their organisation is likely or very likely in the next 12 months. The research also found overconfidence in organisations.

Varonis analysed 515 responses from C-level executives and senior managers in decision-making roles. Surveyed companies include small to large businesses across industries that include IT and telecom, financial services, government, manufacturing, professional services, education, and healthcare.

Key findings from the 2021 Australian Cybersecurity Risk Report include:

  • 82% of Australian organisations rated their ability to protect themselves from a cyberattack as good or very good.
  • Almost two-thirds (63%) think a potential cyberattack on their organisation is likely or very likely in the next 12 months.
  • Organisations listed data loss or theft as the biggest cybersecurity concern (53%), followed closely by human error (40%) and insider threats (37%).
  • Loss of brand reputation was rated the top overall concern by 29% of organisations, followed by loss of intellectual property (24%) and costs associated with a cybersecurity breach (18%).
  • Nearly three-quarters (71%) of organisations store sensitive information in Microsoft 365.

The report aims to shed light on how Australian organisations are adjusting to modern security challenges, safeguarding sensitive data, and mitigating risk from ransomware and insider threats. The report also offers insight into what businesses can do to minimise their risk.

Scott Leach, vice president of sales, APAC, at Varonis, says, “Four in five respondents are confident they can defend against an attack – a surprising statistic in light of today’s evolving threats and big ransomware payouts. Executives and board members must put their data first and proactively turn to cyber resilience – preventing breaches by limiting an organisation’s “blast radius” – the potential damage a compromised user or account could do during an attack.”

According to the report, “The high value of sensitive data, combined with the lack of knowledge over where this data is located and who has access to it, makes organisations prize targets for threat actors.”

Varonis recommends organisations take the following proactive steps to improve their security:

  • Develop, implement and enforce data management and data access policies.
  • Provide cybersecurity education for staff to avoid falling victim to phishing and spearphishing attacks.
  • Focus on reducing the damage attackers can do by limiting your blast radius – the damage attackers can do once inside your environment.

Read the 2021 Australian Cybersecurity Risk Report.

Read 686 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

ENABLING MICROSOFT TEAMS IN THE CONTACT CENTRE

If you're looking at enabling Microsoft Teams for your contact centre, you should bookmark this webinar.

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

Our panellists from Whangarei District Council (NZ) and Maurice Blackburn Lawyers (Aus) were closely involved in recent projects to enable Microsoft Teams for their own contact centres.

They have kindly agreed to join Enghouse and Microsoft to talk about some of the things they would recommend as most critical for IT and CX professionals planning a Teams Contact Centre migration.

Date: 11 May 2022
Time: 12pm AEST | 2pm NZST | 10am SGT

We look forward to having you join us. Please click the button below to register.

REGISTER HERE!

SONICWALL 2022 CYBER THREAT REPORT

The past year has seen a meteoric rise in ransomware incidents worldwide.

Over the past 12 months, SonicWall Capture Labs threat researchers have diligently tracked the meteoric rise in cyberattacks, as well as trends and activity across all threat vectors, including:

Ransomware
Cryptojacking
Encrypted threats
IoT malware
Zero-day attacks and more

These exclusive findings are now available via the 2022 SonicWall Cyber Threat Report, which ensures SMBs, government agencies, enterprises and other organizations have the actionable threat intelligence needed to combat the rising tide of cybercrime.

Click the button below to get the report.

GET REPORT!

PROMOTE YOUR WEBINAR ON ITWIRE

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 itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos 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.

MORE INFO HERE!

BACK TO HOME PAGE
David M Williams

David has been computing since 1984 where he instantly gravitated to the family Commodore 64. He completed a Bachelor of Computer Science degree from 1990 to 1992, commencing full-time employment as a systems analyst at the end of that year. David subsequently worked as a UNIX Systems Manager, Asia-Pacific technical specialist for an international software company, Business Analyst, IT Manager, and other roles. David has been the Chief Information Officer for national public companies since 2007, delivering IT knowledge and business acumen, seeking to transform the industries within which he works. David is also involved in the user group community, the Australian Computer Society technical advisory boards, and education.

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

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments