Global analytics firm SAS sees online crime as a big data problem and says more data helps assess threats, while analytics can be applied to solve these concerns.

Cyber attacks are on the rise for Australian organisations and the costs of the malicious attacks has also increased with companies spending US$6.9 million on cyber security related expenditure, according to a new report on the cost of cybercrime.

Network and endpoint security vendor Sophos has acquired managed detection and response services provider Rook Security.