Australian financial firms are struggling to keep up with the pace of regulatory change, with 69% of local risk managers concerned that complex, interconnected new risks are emerging more rapidly than their own skills are advancing.
The COVID-19 pandemic has had a “positive” impact on Australian consumers, according to a new study which found that just over half of consumers — or 51% — now feel more connected to their family than ever before.
Many Australian companies believe that their cybersecurity investments are failing, whilst the number of breaches increased by 50% in Australia from 2018 to 2019, according to new research which also found that with the acceleration of cyber threats due to COVID-19, the overall threat landscape is accelerating and putting extra pressure on security functions.
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