The rise of AI-driven attacks and accelerated software delivery cycles makes it more difficult to protect organisations, as 89% of CISOs say application security remains a blind spot
COMPANY NEWS: Dynatrace (NYSE: DT), the leader in unified observability and security, has released its annual CISO survey. This year’s report, “The state of application security in 2024”, reveals that Australian organisations are struggling with internal communication barriers, which hinder their ability to address cybersecurity threats. The results indicate that CISOs find it difficult to drive alignment between security teams and the C-suite, leaving gaps in the organisation’s understanding of cyber risk. As a result, they find themselves more exposed to advanced cyber threats, at a time when AI-driven attacks are on the rise.
COMPANY NEWS: Darktrace, a global leader in cybersecurity AI, today introduced the Darktrace ActiveAI Security Platform™. The platform includes Darktrace’s existing best-in-class security products supplemented by a set of new industry-first innovations and features, including for email and operational technology (OT).
COMPANY NEWS: Aqua Security, the pioneer in cloud native security, today announced enhancement of the Aqua cloud security platform with the availability of AI-guided remediation capabilities. Now overburdened security teams can better operationalise risk findings to rapidly reduce risk and help developers quickly fix issues.
Security intelligence company, LogRhythm has announced its fourth consecutive quarterly release of innovation across its entire security operations portfolio,
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.
Companies need to be thinking beyond traditional backups to stay one step a head of their adversaries, according to one security firm executive in comments he made on the recent World Backup Day.
The cybersecurity threat landscape has continually evolved during recent years, and there is no sign this will change any time soon, according to one security firm which cautions that security teams need to understand that strategies and techniques that may have worked well in the past may not provide effective protection in the future.
GUEST OPINION by Joanne Wong, Vice President International Marketing – APJ and EMEA at LogRhythm: They’ve been a constant focus for IT security teams for years, however the number of ransomware attacks experienced by organisations around the world continues to climb.
Research Finds External Stakeholders are Increasingly Expecting Vendors to Meet Specific Security Requirements to Win and Retain Business
LogRhythm the company empowering security teams to defend against the ever-evolving threat landscape, today announced the release of its report, “The State of the Security Team 2022: Can Security Teams Meet Internal and External Stakeholders’ Requirements?” based on research conducted by Dimensional Research. One of the most compelling findings was security’s impact on a company’s bottom-line revenue as the majority of Australian respondents (62%) indicated their company had lost a business deal due to the customer’s lack of confidence in their security strategy.
Security teams find it “increasingly difficult” to detect and stop cyber threats argeting their organisations, according to a new report from Security AI-driven hybrid cloud threat detection and response company Vectra.
COMPANY NEWS: ExtraHop, the leader in cloud-native network intelligence, has announced a new integration between Reveal(x), its network detection and response (NDR) platform, and Splunk SOAR. Using the Reveal(x) integration, Splunk SOAR users now have expanded visibility with packet-level insights from IoT to the cloud including unmanaged devices, legacy systems, and all network assets. Users can correlate logs with network intelligence to gain a greater understanding of threats and more confidence in automation of tier 1 and tier 2 incident response.
Provides unified visibility into exposures, identifies attack paths and enables more efficient risk management
COMPANY NEWS: Tenable®, the Exposure Management company,today announcedthe release of Tenable One, a revolutionary Exposure Management platform that unifies discovery and visibility into all assets and assesses their exposures and vulnerabilities across the entire attack surface for proactive risk management.
GUEST OPINION: According to the Information Systems Consortium, there are approximately 2.7 million unfilled cybersecurity jobs around the world today. There are simply not enough people with the required cyber specialisms to carry out the work in this high-growth sector. Australia’s 2020 Cyber Security Strategy highlighted this issue, and the Government committed millions of dollars via the Cyber Security National Workforce Growth Program to address the skills shortage.
GUEST OPINION: For cyber criminals, the economics of a ransomware attack are overwhelmingly in their favour. Last year, according to ESG, 79% of organisations reported a ransomware attack, with Ponemon's 2021 Cost of a Data Breach report estimating that the average cost of a breach is AU$7.3 million. The threat is omnipresent and the number of victims continues to rise.
Security intelligence company LogRhythm has announced “innovations” to its product suite with the launch of version 7.9 of its SIEM Platform and updates to LogRhythm NDR and LogRhythm UEBA.
GUEST OPINION: The security operations centre has come a long way since the early 2000s. It wasn’t even called a SOC in those days.
GUEST OPINION: As the new year rapidly unfolds, there are a range of issues keeping security teams awake at night.
Forty-four percent (44%) of cloud privileges are misconfigured and users often have overly-broad privileges which are mis-assigned due to a security team oversight or malicious activity, according to cybersecurity company Varonis’ latest security risk report.
GUEST OPINION by Glen Maloney, ANZ Regional Sales Manager at ExtraHop: First released in 2013, the MITRE ATT&CK framework is a global knowledge base of adversary tactics and techniques designed to help organisations stay one step ahead of possible security threats.
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