Malicious or criminal attacks were the largest source of data breaches in Australia in the three months to the end of June this year, accounting for 62% of all data breaches, according to a new report from the Office of the Australian Information Commissioner (OAIC).
The financial impact of ransomware rose by 60% in 2018, losses from business email compromise (BEC) doubled, cryptojacking incidents - the unauthorised use of others’ computing resources to conduct cryptomining - more than tripled, and there continued to be a steady stream of high-profile data breaches, according to a report from the Internet Society’s Online Trust Alliance.
There is an unprecedented focus on security as a pervasive part of business operations according to a study that highlights the rising importance of cybersecurity defence to global leaders.
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