Displaying items by tag: Security incidents

Security Incidents in Critical Infrastructure Grew by 668 Percent Since 2022

COMPANY NEWS: Global cybersecurity company Forescout Technologies, Inc. has announced key findings from its “2024 Threat Roundup” report, providing analysis of the evolving threat landscape.

GUEST OPINION by Chris Fisher, Head of Security Engineering APJ Vectra AI : Security breaches and incidents are occurring with alarming regularity, with the big names reported in the media, only a fraction of the actual number of beaches taking place. Just last week, Latitude Financial, a major financial services provider operating across Australia and New Zealand, has released details of a cyber attack and data breach that has impacted approximately 14 million of their customers. If we are to keep our people and systems safe, we must adopt an ‘not if, but when’ mindset and take steps to improve clarity of understanding and efficiency in catching and responding to threats.

GUEST OPINION by Chris Fisher, Head of Security Engineering APJ Vectra AI : Security breaches and incidents are occurring with alarming regularity, with the big names reported in the media, only a fraction of the actual number of beaches taking place. Just last week, Latitude Financial, a major financial services provider operating across Australia and New Zealand, has released details of a cyber attack and data breach that has impacted approximately 14 million of their customers. If we are to keep our people and systems safe, we must adopt an ‘not if, but when’ mindset and take steps to improve clarity of understanding and efficiency in catching and responding to threats.

Seventy percent of Australian organisations surveyed said security incidents have affected business operations in the last two years, so it's not surprising that cybersecurity resilience is a top priority, according to the latest Cisco Security Outcomes Report.

GUEST RESEARCH: Venafi, the inventor and leading provider of machine identity management, today announced the findings of new research that evaluates the complexity of cloud environments and its impact on cybersecurity. The study found that 75% of organisations have experienced a cloud-related security incident over the last 12 months, with more than one in three (37%) suffering at least four incidents. The underlying issue for these security incidents is the dramatic increase in security and operational complexity connected with cloud deployments. And, since the organisations in this study currently host two fifths (39%) of their applications in the cloud but expect increase to 57% over the next 18 months, this complexity will continue to increase.

GUEST OPINION by Michael Bovalino, ANZ Country Manager, LogRhythm:  IT security teams focus their efforts on protecting IT infrastructure from external threats, however it’s becoming apparent that an increasing number are coming from inside.

COMPANY NEWS: Barracuda, a trusted partner and leading provider of cloud-first security solutions today released key findings from a report titled The State of Industrial Security in 2022.

Global ICT professional association ISACA says security incidents around the world are growing in number, with 46% of respondents to its recent survey saying they believe that their enterprises are experiencing an increase in attacks relative to last year.