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Cyber Risk Stories - Page 53

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Cyber Risk stories

IT-OT convergence: Why security leaders must act now to protect both domains
Unified Communications

IT-OT convergence: Why security leaders must act now to protect both domains

As IT and OT systems merge, cybersecurity leaders face urgent challenges managing risks across both domains to ensure operational safety and data security.

By Scott McKinnel • 4 min read • Tue, 26th Nov 2024
Trustwave & Cybereason announce cybersecurity merger
Advanced Persistent Threat Protection

Trustwave & Cybereason announce cybersecurity merger

Trustwave and Cybereason announce a merger to enhance cybersecurity solutions, with SoftBank as the majority investor, set to close in early 2025.

By Melania Watson • 3 min read • Wed, 13th Nov 2024
Data breaches cost firms an average of USD $677 million
Ransomware

Data breaches cost firms an average of USD $677 million

A new report from ExtraHop reveals data breaches cost firms an average of USD $677 million, highlighting the severe financial impact on stock prices.

By Kaleah Salmon • 2 min read • Tue, 5th Nov 2024
BlueVoyant report shows decline in supply chain breaches
Unified Communications

BlueVoyant report shows decline in supply chain breaches

A new study by BlueVoyant reveals 81% of organisations faced supply chain breaches last year, despite advances in third-party risk management efforts.

By Melania Watson • 3 min read • Tue, 5th Nov 2024
Data breaches cost firms an average of USD $677 million
Ransomware

Data breaches cost firms an average of USD $677 million

ExtraHop's new report reveals that data breaches cost publicly traded companies an average of USD $677 million, significantly higher than previously thought.

By Melania Watson • 2 min read • Wed, 30th Oct 2024
ExtraHop unveils new file analysis features for RevealX
Ransomware

ExtraHop unveils new file analysis features for RevealX

ExtraHop has launched new file analysis features within RevealX, enhancing malware detection and ransomware defence for better cybersecurity responses.

By Imee Dequito • 2 min read • Thu, 17th Oct 2024
Arctic Wolf report reveals IT security gaps in A/NZ region
Advanced Persistent Threat Protection

Arctic Wolf report reveals IT security gaps in A/NZ region

Arctic Wolf's 2024 Human Risk Behaviour Report reveals alarming security practices among IT leaders in Australia and New Zealand, with over two-thirds reusing passwords.

By Imee Dequito • 3 min read • Thu, 17th Oct 2024

Stories from Other Regions

Cyber Risk stories

Ransomware payments rise to AUD $1.35m for Australian firms
Ransomware

Ransomware payments rise to AUD $1.35m for Australian firms

New research reveals that Australian firms now face an average ransomware payment of AUD $1.35 million, highlighting an alarming rise in cyber extortion.

By Shannon Williams • 3 min read • Thu, 28th Nov 2024
ASX 200 report reveals cybersecurity risks in retail sector
Firewalls

ASX 200 report reveals cybersecurity risks in retail sector

A new report reveals alarming cybersecurity vulnerabilities in Australia's ASX 200 Consumer Discretionary sector, exposing major companies to increased breach risks.

By Imee Dequito • 3 min read • Fri, 22nd Nov 2024
Cybersecurity failures costing UK firms GBP £10 billion annually
Breach Prevention

Cybersecurity failures costing UK firms GBP £10 billion annually

Research by Panaseer reveals UK firms suffer GBP £10 billion losses annually due to cybersecurity control failures, highlighting urgent challenges for security leaders.

By Imee Dequito • 4 min read • Mon, 18th Nov 2024
NormCyber wins PICCASO award for privacy & security
Data Protection

NormCyber wins PICCASO award for privacy & security

NormCyber has won a PICCASO Awards Europe trophy, recognised for bridging the gap in data privacy and security for businesses of all sizes.

By Imee Dequito • 2 min read • Mon, 18th Nov 2024
Zscaler launches Zero Trust Segmentation for Aussie firms
Firewalls

Zscaler launches Zero Trust Segmentation for Aussie firms

Australian businesses face a rising threat of ransomware attacks, prompting Zscaler to launch its Zero Trust Segmentation solution to enhance digital security.

By Kaleah Salmon • 3 min read • Fri, 15th Nov 2024
Infinigate reports GBP £1.2 billion revenue, 14% growth
Software-as-a-Service

Infinigate reports GBP £1.2 billion revenue, 14% growth

Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.

By Shannon Williams • 3 min read • Fri, 8th Nov 2024
UBDS Group acquires 3B Data Security to bolster UK cyber
Semiconductors

UBDS Group acquires 3B Data Security to bolster UK cyber

UBDS Group has acquired 3B Data Security to bolster its UK cyber security capabilities, integrating 23 employees while preserving the firm's brand identity.

By Catherine Knowles • 3 min read • Thu, 7th Nov 2024
UK councils lack cyber insurance, Apricorn report finds
Data Protection

UK councils lack cyber insurance, Apricorn report finds

A study reveals just two out of 41 UK councils have cyber insurance, raising concerns over data security amid rising cyber threats and breaches.

By Sean Mitchell • 3 min read • Thu, 7th Nov 2024
ABB & Oktogrid launch transformer monitoring solution
Unified Communications

ABB & Oktogrid launch transformer monitoring solution

ABB Electrification Service and Oktogrid have unveiled TRAFCOM, a pioneering digital monitoring solution for transformers aimed at modernising power grids.

By Catherine Knowles • 3 min read • Thu, 17th Oct 2024
Trend Micro study reveals cybersecurity gaps in Australia
Firewalls

Trend Micro study reveals cybersecurity gaps in Australia

A Trend Micro study highlights alarming cybersecurity gaps in Australia, with only 37% of organisations having adequate staffing for 24/7 coverage.

By Shannon Williams • 2 min read • Wed, 9th Oct 2024