Security News > 2024 > August > SOCI Act 2024: Thales Report Reveals Critical Infrastructure Breaches in Australia

The Critical Infrastructure Edition of the 2024 Data Threat Report, by technology organisation Thales, found that ransomware incidents at critical infrastructure organisations are on the rise globally - even as these organisations explore the applications and data risks of AI. In a conversation with TechRepublic, Thales' ANZ Director of Data Security Erick Reyes said ransomware attackers are most likely to target critical infrastructure organisations that hold critical data.

Critical infrastructure organisations juggling ransomware and AI. Thales' report found that 42% of critical infrastructure organisations in all global markets surveyed were breached at some point in the past - 7% lower than all industries.

More Australia coverage SOCI Act could help make Australian critical infrastructure secure.

The Security of Critical Infrastructure Act 2018, which governs critical infrastructure risks in Australia, was amended in 2020 to expand the definition of critical infrastructure to a broader range of industries, including financial services, health, higher education, and data storage and processing.

The SOCI Act could mean more positive security outcomes for critical infrastructure.

While security at the edge through identity management is important, Reyes said that critical infrastructure organisations will increasingly need to think multi-dimensionally about how to protect critical assets.

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https://www.techrepublic.com/article/soci-act-2024/