Displaying items by tag: Ponemon Institute

State of Industrial Cybersecurity report reveals only 21% of organisations achieved full maturity for ICS/OT cybersecurity and regularly inform the C-suite and board about OT cyber status

COMPANY NEWS:  Dragos, Inc., the global leader in cybersecurity for industrial controls systems (ICS) /operational technology (OT) environments, today released “The 2021 State of Industrial Cybersecurity: The Risks Created by the Cultural Divide Between the IT & OT Teams” report from the Ponemon Institute.

The head of a general-purpose hardware security module provider says that as per his observations, the passage of an encryption bill by the Australian Government in 2018 — legislation that was roundly panned by the industry as likely to have a negative effect on encryption take-up — has not deterred companies from planning for the use of the technology.

SMBs are the primary target for cyber attacks, yet most are unprepared and “severely underestimate their cyber security vulnerabilities” when it comes to cyber criminals and cyber security risks, according to research of the US market.

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.

A subset of data from a December 2018 survey shows that nine out of 10 companies which can be put in the operational technology sector face cyber security threats at least once in two years.

PagerDuty Visibility and PagerDuty Analytics help business leaders gain real-time insights to improve digital operations and take action in real time.

Digital security firm Gemalto last month released its “2018 Global Cloud Data Security Study” report, commissioning the Ponemon Institute to perform the research, surveying more than 3200 IT and IT security practitioners worldwide.

New research shows cyber crime in Australia increasing by over 25% in 2017, the second highest rate of countries surveyed, with Australian businesses increasing spend on their cyber defences accordingly.

Nearly 70% of Australian IT professionals lack confidence in the ability of their organisations to prevent, detect and resolve data breaches, according to a new research report.

Data breaches tend to result in a fall in company share prices when the news leaks, often by as much as 5%, the identity access management company Centrify claims.

Millennials pose the greatest risk to sensitive and confidential data in the workplace, according to a new study which found that nearly three quarters (71%) of Australian security, IT and business professionals consider the growing number of millennials to be an increasing risk to the IT infrastructure.

The average costs of a data breach for some Australian organisations have fallen 5% to A$2.51 million, down from A$2.64 million, compared to an average decrease in costs globally of 10%, according to a new report.

Virtualisation company VMware is collaborating with Intel Health and Life Sciences in an initiative it says is designed to help global healthcare organisations understand the current state of their security readiness.

Many organisations are ill-prepared to defend against mobile and IoT application security threats, according to a study from the Ponemon Institute, IBM Security and application protection provider Arxan Technologies, which shows that 60% of organisations have already experienced a data breach caused by an insecure mobile app.

Big data analytics is fast becoming the defence to a cyber security offence.

The average cost of a data breach is now US$4 million, up 29% from US$3.79 million in 2015. The average cost per stolen record is US$158.

Cybercrime is costing Australian organisations around $4.9 million a year, according to a new global security study that also reveals that the average time to resolve a cyber attack is 31 days at a cost to individual organisations of approximately $420,000.

Many businesses are ignoring BYOD policies and simple security steps such as employee education, new research shows.

Enterprise file sharing presents certain issues that consumer-grade systems fail to address. WatchDox reckons it has cracked the problem.

Malicious attacks are a much more common cause of data breaches in Australia than in most other countries. And they are on the rise.