Cyber Threat stories - Page 43

Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.

Proofpoint has agreed to acquire Hornetsecurity, boosting its AI-driven Microsoft 365 security services for MSPs and SMBs globally by 2025.

Google Cloud expands its Risk Protection Program to Australia, partnering with Beazley and Chubb to tackle rising cyber threats and meet regulatory demands.

Arctic Wolf launches Incident360 Retainer, blending proactive readiness with full incident response, promising up to 70% savings on major cyberattack recovery costs.

Barracuda Networks has appointed Michelle Hodges as Senior VP of Global Channels to expand its partner ecosystem and drive global growth.

Research reveals a stark gap in AI's impact on cybersecurity: 71% of APJ executives see gains, yet only 5% of analysts agree, highlighting trust and effectiveness issues.

Australian and New Zealand firms face rising AI-driven cyber threats, boosting investment in AI-powered defences like User and Entity Behaviour Analytics to combat attacks.

Hacktivist cyberattacks escalate after India's missile strikes on Pakistan, targeting government and critical sectors amid rising geopolitical tensions.

Australia and New Zealand rank third globally for phishing risk with a 36.8% vulnerability rate, above the global average of 33.1%, says KnowBe4's report.

A DigiCert survey reveals that 61.4% of Australian firms see quantum computing as a security risk, yet only 8.5% use quantum-safe encryption methods.

Commvault and Deloitte form alliance to boost cyber resilience, offering integrated threat management and rapid recovery in hybrid cloud environments.

Orange Cyberdefense is named a Cortex XMDR Select Specialisation Partner by Palo Alto Networks, enhancing cybersecurity services across Asia Pacific.

Netpoleon has been named the official value-added distributor for SailPoint's identity security solutions across Australia and New Zealand, enhancing local cybersecurity efforts.

BlueVoyant launches Continuous Optimisation for Microsoft Security (COMS) to boost enterprise cyber defence and cut costs with tailored threat detection and expertise.

Palo Alto Networks' new study reveals rising cybersecurity budgets among mid-market Asia-Pacific firms but highlights gaps in AI adoption and resilience.

Spanish water supplier Aigües de Mataró was hit by ransomware, highlighting growing cyber risks to essential infrastructure worldwide, experts warn.

Efex has acquired Australian cybersecurity firm Datcom to boost its managed IT services amid rising cyber threats and over 500 breach reports in six months.

Over 50% of enterprises now use software-driven penetration testing as their primary method to identify IT vulnerabilities, reveals Pentera survey.

CyberArk appoints Jeremy Sim as Area VP Channels for Asia Pacific and Japan, aiming to boost partner engagement and strengthen identity security solutions.

Businesses are boosting cloud security efforts as rising cloud adoption brings complex risks, requiring new strategies to protect sensitive data and maintain compliance.