Businesses spend millions of dollars each year to secure customer data, applications, networks, and proprietary information. Yet, these businesses are frequently breached. For example, 58% of companies faced a significant security incident in the last year, as the number of threats and sophistication of attacks grew around the world. As a result, IT organizations are …
To Enable Zero Trust, Rethink Your Firewall Strategy Read More »
Security professionals’ overconfidence in security tools leads to data breaches, vulnerabilities and wasted time and money Today’s security operations teams face an unrelenting stream of attacks from both outside and inside of their organizations. Security operations teams are dealing with tool sprawl which may inadvertently compromise their security tools’ capabilities, while misconfigurations can result in …
The report revealed that despite improvements in combating cybercrime and threats, IT security professionals are still struggling to fully secure their organisation and protect against breaches with 61 percent claiming to have experienced a data breach at their current employer. Adding to this challenge, data breaches are becoming more serious as cybercriminals continue to target intellectual property putting the reputation of the company brand at risk and increasing financial liability.
The global survey explores the visibility, control, and management that IT organisations in the U.S., APAC, Europe and the Middle East have over employees, contractors, and third-party vendors with privileged access to their IT networks. According to the report, 64% of businesses globally believe they’ve likely had either a direct or indirect breach due to misused or abused employee access in the last 12 months, and 62% believe they’ve had a breach due to compromised vendor access.
The report on data breaches in Australia has seen a significant increase in reported data breaches in the financial sector.
McAfee has released its McAfee Labs Threats Report: August 2019 examining cybercriminal activity and the evolution of cyber threats in Q1 2019. McAfee Labs saw an average of 504 new threats per minute in Q1 and a resurgence of ransomware along with changes in campaign execution and code
The report reveals effective cyber security strategies are being threatened as workforces move away from traditional working locations and hours.
This study, which compares 11 countries and their cybersecurity standing, reveals that data breaches are costing Australian businesses more than any other country. The study which interviewed almost 2,000 security professionals.
This report highlights why compliance matters, and offers measures to combat the downward compliance trend.
The report reveals that cyber risk and cyber insurance continue to gain attention, and Aon has witnessed significant cyber claims manifesting; in some instances rapidly, both in Australia and around the globe.
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