IT Brief New Zealand logo
Technology news for New Zealand's largest enterprises
Story image

A/NZ organisations lack knowledge of where data is stored

By Shannon Williams
Wed 9 Jun 2021
FYI, this story is more than a year old

Only 23% of organisations across Australia and New Zealand have complete knowledge of where their data is stored , according to new research from Thales.  

The 2021 Thales Global Data Threat Report found 64% of A/NZ organisations have been breached in the past, and amongst those 47% had it happen in the last year.

In the past 12 months, half of ANZ businesses surveyed have failed a compliance audit, and 57% of organisations in A/NZ were able to avoid a breach notification process because the stolen or leaked data was anonymised using encryption or tokenisation.
While the pandemic and remote working have driven cloud investments and tighter security strategies, most businesses across A/NZ still show concerning data vulnerabilities. In fact, only 23% in A/NZ have a complete knowledge of where their data is stored, and only only 25% can fully classify all their data.  

The study, conducted by 451 Research, surveyed 2,600 executives with responsibility for, or influence over, IT and data security across the globe. One third of respondents were from the APAC region, including 152 executives across A/NZ.

Overall, the local data shows that vulnerabilities are rising, mostly driven by more complex cloud environments and infrastructures. Human error and insider threats remain high on the list of threats too, but more organisations are prioritising encryption, tokenisation and Zero Trust approaches to increase their defence. 

Attacks on the rise 

The report shows 64% of A/NZ organisations have been breached in the past (versus the regional average of 56%), of which 47% said they were breached in the past 12 months (versus the regional average of 40%).   

In addition, half of organisations in A/NZ (51%) have failed a compliance audit in the last 12 months.  

The threat landscape is ever changing, organisations in A/NZ are increasingly seeing a rise in attacks, with malware and ransomware amongst the most frequent offenders.  

Internal threats and human error are also still of great concern with a third of all the businesses surveyed stating are the greatest risks to them, followed by external attackers. 

Security a main concern and priority for businesses 

According to the report, 55% of organisations in A/NZ have seen an increase in the volume, severity, and/or scope of cyber-attacks in the past 12 months. Most organisations also admitted they are concerned about the security risks and threats of employees working remotely.  

Interestingly, 57% of organisations were able to avoid a breach notification process because the stolen or leaked data was anonymised using encryption or tokenisation.  

Multicloud complexity increases risks 

In APAC, 31% of respondents have 41-50% of their data is stored in an external cloud, and a quarter have more than half of their data in the cloud.  

Over half of APAC respondents (58%) said that they are using more than one IaaS provider. The number of SaaS providers was much higher, with 38% using 26-50 SaaS applications, 23% using 11-25 and 14% using 51-100 SaaS apps.  

The report says 46% of APAC respondents agreed that it is more complex to manage privacy and data protection regulations in a cloud environment than in on-premises networks within their organisation.  

Worryingly, only 30% of APAC respondents said that 41-50% of the sensitive data stored in cloud is encrypted, and only 17% stated that over 50% is encrypted. 

Future challenges and securing the road ahead 

The largest percentage of APAC respondents (46%) selected Zero Trust network access or software-defined perimeter technologies as their leading technology to deploy. Cloud-based access was the second most important access technology, selected by 41% of respondents.  

Encryption was selected by 67% of APAC respondents as their preferred tool to secure sensitive data in cloud. Key management ranked second (58%), while tokenisation of data was chosen by 52%.   

The lack of higher levels of encryption use may be due to the complexity of managing it across the full infrastructure. Respondents indicated that this was already complex, with 38% saying that they have five to seven key management solutions in place. 

"The increased reliance on multi-cloud environments and the growing number of cyber threats is making security more challenging," says Brian Grant, A/NZ Director for Cloud Protection and Licensing activities at Thales.

"It is concerning that a large number of organisations still don't know where all their data is stored or are failing compliance audits, in particular as those are just the first step to achieving effective cyber protection. 

"This is why embedded security through data anonymisation and Zero Trust strategies need to be prioritised if we want to future proof our digitised economy, guarantee privacy, and in the process avoid costly cyber incidents and data breach remediations."

Related stories
Top stories
Story image
Data ownership
Brands must reclaim trust by empowering data ownership
According to Twilio's new State of Personalisation Report 2022, 62% of consumers expect personalisation from brands, and yet only 40% trust brands to use their data responsibly and keep it safe.
Story image
Stock security features inadequate in face of rising risk
"Organisations must proactively find ways of identifying unseen vulnerabilities and should take a diligent, holistic approach to cybersecurity."
Story image
Video: 10 Minute IT Jams - An update from CrowdStrike
Scott Jarkoff joins us today to discuss current trends in the cyber threat landscape, and the reporting work CrowdStrike is doing to prevent further cyber harm.
Story image
Forescout reveals top vulnerabilities impacting OT vendors
Forescout’s Vedere Labs has disclosed OT: ICEFALL, naming 56 vulnerabilities affecting devices from 10 operational technology vendors.
Story image
MYOB improves data visibility and user access with Snowflake
"Solutions such as Snowflake allow us to better understand our customers and make evidence-based decisions on what features work best for them."
Story image
Global investment in data centers more than doubled in 2021
DLA Piper's latest global survey finds the total investment in data center infrastructure worldwide rose from USD $24.4 billion in 2020 to USD $53.8 billion in 2021.
Story image
Digital Transformation
Stax and Consegna partner to accelerate modernisation
According to a statement, the new alliance will help both companies expand their reach across the region and realise joint goals.
Story image
Threat actors ramp up their social engineering attacks
As people get better at identifying potential threats in their inbox, threat actors must evolve their methods. Their new M.O? Social engineering.
Story image
Amazon Web Services / AWS
Zscaler, AWS accelerate onramp to the cloud with zero trust
Zscaler has announced an extension to its relationship with Amazon Web Services, as well as innovations built on Zscaler's Zero Trust architecture.
Story image
Volpara, Microsoft project to detect cardiovascular issues
Volpara Health Technologies is working with Microsoft on a research and development project to speed up creating a product that detects and quantifies breast arterial calcifications (BACs).
Story image
Significant security concerns resulting from open source software ubiquity
"The risk is real, and the industry must work closely together in order to move away from poor open source or software supply chain security practices."
Story image
Ready for anything with the PagerDuty Operations Cloud
In a world of digital everything, teams face increasing complexity. Ever-growing dependencies across systems and processes put customer and employee experience, not to mention revenue, at risk.
Story image
Industry-first comprehensive risk-based API security enhances protection
Application Programming Interfaces (APIs) have become a crucial part of operating web and mobile application businesses and are causing significant economic growth in the digital sector.
Story image
The best ways to attract young talent during labour shortages
New research from Citrix reveals hybrid working and ventures into the metaverse are top of mind for Gen Z workers.
Story image
F5 Networks
Telstra, F5 team up to bolster services and solutions
“This partnership demonstrates our ongoing investment into APAC as we continue delivering high value services and solutions to our partners and customers."
Story image
SMX partnership with Microsoft leads to NTT recognition
SMX has captured the attention of NTT after receiving positive reviews from businesses across Australasia and beyond for its email security.
Story image
Aqua Security, CIS create software supply chain security guide
Aqua Securityand the Center for Internet Security have together released the industry’s first formal guidelines for software supply chain security.
Story image
How Airwallex helps businesses achieve globalisation success
As markets continue to shift, businesses need to be able to provide the same quality of service for customers regardless of where they are located around the world.
Story image
Commerce Commission
ComCom puts electronics sector on notice over resale price maintenance
The Commerce Commission has concluded an investigation into allegations that television manufacturers were engaging in illegal resale price maintenance.
Story image
Video: 10 Minute IT Jams - An update from Tricentis
Tricentis provides software testing automation, and software quality assurance products for enterprise software.
Story image
Microsoft expands APAC Enabler Mentorship Program
"Mentors are the key to success for every professional. A good mentor is a coach, a guide, as well as a vocal advocate."
Story image
Network Security
Netskope announces zero trust network access updates
Customers can now apply zero trust principles across a range of hybrid work security needs, including SaaS, IaaS, private applications, and endpoint devices.
Story image
Why is NZ lagging behind the world in cybersecurity?
A recent report by TUANZ has revealed that we are ranked 56th in the world when it comes to cybersecurity - a look into why we're so behind and what needs to be done.
Story image
Honeywell launches new carbon energy management software for buildings
The new Carbon & Energy Management service allows building owners to track and optimise energy performance against carbon reduction goals, down to a device or asset level.
Story image
Overcoming hybrid and multi-cloud challenges to drive innovation
Driven by improvements in technology, financial services companies have advanced both internal and external systems and processes, with the likes of digitisation, personalisation and risk management redefining the industry.
Story image
Digital Transformation
Cybersecurity priorities for digital leaders navigating digital transformation
In recent years, Asia-Pacific has especially been a hotspot for cyberattacks, and as we continue into 2022, it’s evident that the problem is becoming more significant.
Story image
Workday winning on culture and family focus
This family-first approach sees all employees receive access to family-wide private healthcare cover, as well as income protection and life insurance policies.
Story image
NOWPayments launches new service to analyse cryptocurrency fees
NOWPayments has launched a new network fee optimisation solution that analyses current network fees and picks the most profitable option out of the client's payout wallets.
Story image
Gartner's top recommendations for security leaders
"Leaders now recognise that major disruption is only one crisis away. We can’t control it, but we can evolve our thinking, philosophy, program and architecture.”
Story image
Artificial Intelligence
Accenture shares the benefits of supply chain visibility
It's clear that gaining better visibility into the supply chain will help organisations avoid excess costs, inefficiencies, and complexity to ultimately improve their bottom line.
Story image
Enable launches free Wi-Fi in Christchurch city centre
Fibre broadband provider, Enable, and the Christchurch City Council have launched their new Christchurch Free Wi-Fi service in the central city. 
Story image
How TruSens air purifiers can create healthier workspaces
The pandemic has heightened our awareness of our own and others’ health, and made us all much more conscious of the environments we work in.
Story image
Internet of Things
Domino's Pizza: A blueprint for secure enterprise IoT deployment
Increasingly, organisations are embracing smart technologies to underpin innovations that can enhance safety and productivity in every part of our lives, from industrial systems, utilities, and building management to various forms of business enablement.
Story image
Hybrid workforce
Why hybrid working is here to stay and how to ace it
Citrix's new report reveals hybrid workers are more productive and engaged at work than their office and completely remote counterparts.
Story image
Forrester names Talend Leader in enterprise data fabric
Forrester has named Talend a leader among enterprise data fabric providers in the Forrester Wave: Enterprise Data Fabric, Q2 2022 report.
Story image
TO THE NEW unveils A/NZ Managed Services for Microsoft Azure
TO THE NEW has released Managed Services for Microsoft Azure to meet the growing demand in the A/NZ market and globally.
Story image
Employers look to hire inexperienced coders due to skills shortage
"Even inexperienced workers without prior qualifications or experience had managed to pivot to new roles in coding as long as they are willing to upskill."
Story image
Dark web
Cybercrime in Aotearoa: How does New Zealand law define it?
‘Cybercrime’ is a term we hear all the time, but what exactly is it, and how does New Zealand define it in legal terms?
Story image
How to achieve your monthly recurring revenue goals
Monthly recurring revenue (MRR) is the ultimate goal, the most important issue on which anyone in the IT channel should focus.
Story image
New Relic
How to tackle the great brain drain in the tech industry
Attracting and retaining tech talent in Australia and New Zealand is becoming increasingly challenging, with the 2022 Hays Salary Guide showing a startling 91% of employers facing a skills shortage.
Story image
Market growth
Salesforce unveils new offerings for consumer goods companies
Salesforce has announced new products for consumer goods companies to help brands navigate increasing market complexity more easily.
Story image
Ingram Micro launches vendor-backed security program
Ingram Micro has unveiled a new program intended to give resellers the effective offerings their customers need to stay safe in the evolving threat landscape.
Story image
Tech job moves
Tech job moves - ActiveCampaign, Arcserve, LogRhythm & Qlik
We round up all job appointments from June 17-22, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Internet of Things
Global 5G subscriptions to top one billion by the end of 2022
Global 5G subscriptions are predicted to pass the one billion milestone by the end of 2022, according to a new report.