Displaying items by tag: Cyber risks

The technology, media, and telecommunications (TMT) sectors were the most targeted industries in Australia by cyber threats in 2023, with a newly published report assessing that this could be attributed to Australia’s significant digital growth over the last decade, reshaping its digital ecosystem and creating new opportunities.

COMPANY NEWS: Technology services providers Somerville has partnered with diversified insurance services group, PSC Insurance, to provide organisations with a “cyber insurance checklist” in support of their requirements for tailored cyber insurance policies.

Automated cybersecurity firm Forescout ’ Vedere Labs has unveiled research into the riskiest IT, IoT, OT and IoMT devices across enterprise networks, including what it says uncovers what makes the devices so risky and how to mitigate cyber risks affiliated with them.

In Australia and New Zealand, 52% of organisations have experienced one to four security breaches in the last 12 months and 18% have experienced five or more breaches in that time, according to the 2022 cyber skills gap report from security firm Fortinet.

GUEST RESEARCH:  While there has been an average 13% decrease in exposed, dangerous internet services, industries including financial services and telecommunications remain exposed

How do You Detect and Respond to Them?

GUEST OPINION By Louis Tague, Vice President, Australia and New Zealand, FireEye: As efforts to adjust to the “new normal” are forcing huge portions of Australians into remote working and outside the relative safety of their employers’ corporate networks, cyber risks have become top-of-mind even for employees who don’t work within security.

GUEST CONTRIBUTION by James Herrin VPN Reviews: In a world where pretty much every corporation, starting from Amazon and Google and to your local grocery store wants to know everything about you, it is inevitable that people become more mindful of their privacy and sore about its violations.

Almost half of all Australian small and medium business are under-prepared and potentially exposed to significant financial loss and crippling reputational damage, according to a newly published report on cyber risks.