Displaying items by tag: Tony Jarvis

GUEST OPINION by Tony Jarvis, VP of Enterprise Security, Asia Pacific and Japan, Darktrace: In 2023, Energy One, one of Australia’s largest energy suppliers, was hit by a cyberattack targeting its corporate systems.

Ransomware continues to be big business for cyber criminals and a big headache for business, the chief technology officer of a major security firm says, adding that Europol's 2018 Internet Organised Threat Assessment had estimated that US$5 billion was drained from the global economy each year due to this scourge.

The increasing frequency of cyber attacks is leading to mass complacency, the chief technology officer of the APAC operations of an Israeli firm has warned, adding that this is contributing to an apathetic mindset that “the worst has already happened”, which is extremely dangerous.