Don’t be the next headline. New report finds 291 records breached per second in H1 2018

Posted by Craig McDonald on 19 October 2018 15:30:55 AEDT

Released last week, Gemalto’s Breach Level Index found that over 4.5 billion data records were breached in the first half of this year - up 1,751% from the same time last year. That translates to 291 data records being breached per second in the first half of 2018.

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CEOs need to make cybersecurity part of corporate culture

Posted by Craig McDonald on 21 September 2018 09:22:52 AEST

What is cybersecurity?
If you walked around your office and asked people that question, what sort of answers do you think, you’d get?

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Business-targeted cybercrime surging in Australia says PWC report

Posted by Emmanuel Marshall on 07 September 2018 11:39:45 AEST

In the last two years, 45% of Australian companies were attacked by online criminals.

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Smaller companies are “vulnerable targets”: Australian cybersecurity chief

Posted by Emmanuel Marshall on 22 August 2018 12:56:12 AEST

There has been a 2500% increase in the sale of cybercrime kits on the dark-web since 2016, said Angus Taylor MP, Australian Minister for Law Enforcement and Cyber Security in a recent interview.
Taylor expressed his concern about this surge in online criminal activity. He noted that there has been “a high take-up of digital technologies” by Australian companies, but about 30% of smaller companies have inadequate cybersecurity measures in place. 

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Cybersecurity report finds companies ill-prepared for attacks

Posted by Emmanuel Marshall on 13 July 2018 11:04:57 AEST

“As a small business, we find it challenging to identify threats and have measures in place to mitigate them with very limited time/resource.”

“I find the board’s posture is too relaxed, suggesting lack of acute awareness of the real risks.”

“Lack of concern and awareness around the risk and consequence. Directors and management are more concerned about accessibility than protection (until an event occurs, that is...)”

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Attention: unusual activity on your email account - click here

Posted by Craig McDonald on 05 July 2018 11:00:01 AEST

 

Does defeating cybercriminals mean we need to try thinking like they do?

The kind of people who commit cybercrime aren’t CEO material. They aren’t even necessarily the I.T. whiz or hacker type; cybercrime doesn’t require a serious technical skill set. The crooks behind online fraud attacks are using technology, certainly, but they are consumers, not experts.

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Cybersecurity: a quick-start guide for businesspeople

Posted by Craig McDonald on 04 June 2018 11:49:46 AEST


There’s a lot about online crime that’s ambiguous and confusing, but the damage it’s doing is all too clear. Recent research figures released by the FBI and reports from independent cybersecurity experts estimate that the damage bill from cybercrime in 2018 will reach more than
US$12 billion dollars.

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Cybersecurity insurance: only half of businesses have it

Posted by Craig McDonald on 01 June 2018 15:53:18 AEST


The
Wall Street Journal has published an interesting article quoting Warren Buffett talking about cybersecurity insurance and his view that it is a bad risk.

Speaking at a Berkshire Hathaway Inc. meeting, Buffett said: “We can figure the probability of a quake or a hurricane but don’t know as much in cyber. It’s uncharted territory on the insurance side and will get worse, not better.”

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Cybercriminals vs The World: together we can beat them

Posted by Craig McDonald on 02 May 2018 10:05:37 AEST


Why do the people working on the frontlines of cybersecurity feel that
collaboration is so important right now?

I think the answer lies in the staggering statistics on cybercrime growth that are appearing in every corporate survey released recently and stories like the Facebook and Equifax data breaches that are constantly in the headlines as well.

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Video: cybersecurity expert Alastair MacGibbon's advice for CEOs

Posted by Emmanuel Marshall on 10 April 2018 15:45:36 AEST


Cyber-attacks are a growing challenge for Australian companies and are now Australia’s number-one economic crime. MailGuard collaborates with PwC and Microsoft to bring together CEOs and cybersecurity experts in forums focussed on the rise of cybercrime and the challenge it presents for business.

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Ensuring your cash flow security

Posted by Craig McDonald on 09 April 2018 15:42:08 AEST


"Cybersecurity needs to be taken seriously… Cybercriminals are becoming more sophisticated and small businesses are particularly vulnerable. Many small businesses have successfully blended their physical and virtual shopfronts to establish sustainable operating models... Cybercriminals now are attacking small businesses very regularly. They know the big guys have really cool systems and they know the little guys haven't.”

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Educating teams is a cybersecurity must-do

Posted by Emmanuel Marshall on 14 March 2018 15:50:12 AEDT


A well educated team is one of the most powerful security assets a company can have. A company can equip themselves with a suite of excellent security tools but they won’t be fully effective if the team members - from the boardroom to the shopfront - don’t understand their responsibility as individuals to support the company’s security culture. While people in management roles have no difficulty seeing the financial hazards that cybercrime presents, the technicalities are often a sticking point.

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Small business - lifeblood of economies - is a cybercrime target

Posted by Craig McDonald on 13 March 2018 15:53:58 AEDT


There’s a widely held misconception that cybercrime only affects big companies but actually, hackers go after smaller operations as well.

Cybercrime is a complex problem. One of the reasons cybersecurity requires a sophisticated, multi-layered approach is that hackers attack in a lot of different ways. A cyber-attack can be as simple as a single fraudulent wire transfer, or as complex as a virus infecting thousands of networked computers.

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The NDB Scheme: Australia's new cybersecurity rules

Posted by Emmanuel Marshall on 07 March 2018 16:43:40 AEDT


In today’s global online marketplace, businesses can find customers, manage workforces and accept payments more easily than ever before and that’s great news, as long as everything works smoothly. 

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What keeps CEOs awake at night? Cybercrime

Posted by Craig McDonald on 26 February 2018 11:17:41 AEDT


‘The Anxious Optimist in the Corner Office’; that’s the title of
PWC’s 21st CEO Survey, which reveals some telling thought trends amongst the world’s business leaders.

Overall, PWC’s report is optimistic about growth but also shows the growing concern that businesspeople have regarding the disruptive economic trends that are being driven by cybersecurity.

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