Cyber Risk stories
Financial Services face cyber risk disconnect, says study
2 days ago
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it training
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digital transformation
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phishing
A recent study reveals a troubling disconnect in Financial Services, with 82% of cyber risk owners believing employees are engaged in security training, yet 69% report low engagement.
Australia’s Cybersecurity Act races against augmented hacker revolution
Last week
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firewalls
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ransomware
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encryption
As cyberattacks rise, Australia's new Cybersecurity Act mandates timely reporting of ransomware payments, urging businesses to bolster their defences.
Businesses struggle with IT security, Kaspersky reports
Last week
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data protection
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advanced persistent threat protection
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breach prevention
A recent Kaspersky report reveals 38% of businesses struggle with IT security, facing downtime and productivity losses amid evolving cyber threats.
Diligent enhances platform with AI & Google Drive tools
This month
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ai
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google
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diligent
Diligent has unveiled enhancements to its One Platform, introducing AI Smart Prep and Google Drive integration to boost board efficiency and meeting preparation.
Boxphish acquires Trillion to boost cyber risk solutions
This month
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data analytics
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advanced persistent threat protection
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risk & compliance
Boxphish has acquired Trillion, a dark web threat intelligence service, enhancing its cybersecurity offerings for organisations facing human-related cyber risks.
Trustwave launches new Microsoft Security Accelerators
This month
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data protection
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advanced persistent threat protection
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iam
Trustwave has unveiled two new Microsoft Security Accelerators designed to enhance security maturity and reveal cost-saving opportunities for businesses.
Canary Technology acquires Layer 8 Security to expand
Last month
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edutech
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advanced persistent threat protection
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risk & compliance
Canary Technology Solutions has acquired Layer 8 Security, enhancing its cybersecurity offerings and promising a comprehensive approach to digital protection.
Ransomware payments rise to AUD $1.35m for Australian firms
Last month
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ransomware
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breach prevention
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cybersecurity
New research reveals that Australian firms now face an average ransomware payment of AUD $1.35 million, highlighting an alarming rise in cyber extortion.
Palo Alto forecasts AI-driven cyber threats in APAC 2025
Last month
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firewalls
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data protection
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cloud security
Palo Alto Networks forecasts a pivotal 2025 for APAC cybersecurity, spotlighting AI integration and rising threats from deepfakes and quantum computing.
IT-OT convergence: Why security leaders must act now to protect both domains
Last month
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cloud security
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iot
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advanced persistent threat protection
As IT and OT systems merge, cybersecurity leaders face urgent challenges managing risks across both domains to ensure operational safety and data security.
ASX 200 report reveals cybersecurity risks in retail sector
Last month
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firewalls
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encryption
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network security
A new report reveals alarming cybersecurity vulnerabilities in Australia's ASX 200 Consumer Discretionary sector, exposing major companies to increased breach risks.
NormCyber wins PICCASO award for privacy & security
Last month
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data protection
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advanced persistent threat protection
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soc
NormCyber has won a PICCASO Awards Europe trophy, recognised for bridging the gap in data privacy and security for businesses of all sizes.
Cybersecurity failures costing UK firms GBP £10 billion annually
Last month
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breach prevention
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cybersecurity
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security breaches
Research by Panaseer reveals UK firms suffer GBP £10 billion losses annually due to cybersecurity control failures, highlighting urgent challenges for security leaders.
Zscaler launches Zero Trust Segmentation for Aussie firms
Last month
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firewalls
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network infrastructure
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ransomware
Australian businesses face a rising threat of ransomware attacks, prompting Zscaler to launch its Zero Trust Segmentation solution to enhance digital security.
Trustwave & Cybereason announce cybersecurity merger
Last month
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advanced persistent threat protection
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cybersecurity
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trustwave
Trustwave and Cybereason announce a merger to enhance cybersecurity solutions, with SoftBank as the majority investor, set to close in early 2025.
Infinigate reports GBP £1.2 billion revenue, 14% growth
Last month
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saas
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network infrastructure
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cybersecurity
Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.
UBDS Group acquires 3B Data Security to bolster UK cyber
Last month
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devops
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hyperscale
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soc
UBDS Group has acquired 3B Data Security to bolster its UK cyber security capabilities, integrating 23 employees while preserving the firm's brand identity.
UK councils lack cyber insurance, Apricorn report finds
Last month
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data protection
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ransomware
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phishing
A study reveals just two out of 41 UK councils have cyber insurance, raising concerns over data security amid rising cyber threats and breaches.
Foodstuffs South Island wins top customer innovator award
Last month
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edutech
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uc
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digital transformation
Foodstuffs South Island has been honoured with Trend Micro's Customer Innovator Award for its advanced integration of cybersecurity into digital strategies.
Data breaches cost firms an average of USD $677 million
Last month
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ransomware
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cybersecurity
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extrahop
A new report from ExtraHop reveals data breaches cost firms an average of USD $677 million, highlighting the severe financial impact on stock prices.