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Cyber Risk Stories - Page 49

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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
Global Fashion Group partners with Tenable for AWS security boost
Hyperscale

Global Fashion Group partners with Tenable for AWS security boost

Global Fashion Group partners with Tenable to enhance AWS cloud security, adopting zero-trust measures and improving vulnerability management in ANZ, LATAM, and SEA.

By Kaleah Salmon • 3 min read • Thu, 22nd Aug 2024
99% of Global 2000 firms linked to breached vendors
Supply Chain

99% of Global 2000 firms linked to breached vendors

Study shows 99% of Global 2000 firms are linked to vendors with breaches, underscoring urgent need for robust supply chain cybersecurity amid new SEC rules.

By Shannon Williams • 3 min read • Thu, 8th Aug 2024

Stories from Other Regions

Cyber Risk stories

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
Identity security maturity brings higher value & growth
Data Analytics

Identity security maturity brings higher value & growth

SailPoint's latest report reveals that advanced identity security practices enhance value for organisations, with 83% experiencing fewer security issues in 2023.

By Melania Watson • 3 min read • Wed, 9th Oct 2024
Trend Micro reveals cybersecurity gaps in UK organisations
Cybersecurity

Trend Micro reveals cybersecurity gaps in UK organisations

Research highlights critical cybersecurity gaps in business, citing insufficient staffing, inadequate attack surface management, and weak leadership commitment.

By Shannon Williams • 3 min read • Tue, 24th Sep 2024
Top firms stress vigilance during National Scam Awareness Week
EduTech

Top firms stress vigilance during National Scam Awareness Week

During National Scam Awareness Week, executives from Qualys, SailPoint, and CyberArk have stressed heightened vigilance and advanced security measures.

By Melania Watson • 3 min read • Mon, 26th Aug 2024
ViCyber offers affordable cyber solutions to Australian SMEs
Ransomware

ViCyber offers affordable cyber solutions to Australian SMEs

ViCyber offers SMEs affordable, automated cyber solutions amid stricter regulations and rising cyber threat costs, aiming to prevent substantial losses.

By Shannon Williams • 3 min read • Tue, 20th Aug 2024
Arctic Wolf expands free Cyber JumpStart Portal for all businesses
Cybersecurity

Arctic Wolf expands free Cyber JumpStart Portal for all businesses

Arctic Wolf's Cyber JumpStart Portal is now available to businesses of all sizes. It offers free tools to manage cyber risk and enhance insurability.

By Kaleah Salmon • 3 min read • Thu, 8th Aug 2024
Protecting against the cost and impact of cyber crime
Firewalls

Protecting against the cost and impact of cyber crime

Australian companies face a rising tide of cybercrime, with 47% hit by attacks last year, costing an average of AUD $4.1 million in damages and disruptions.

By Matt Caffrey • 4 min read • Wed, 31st Jul 2024