Security News

Sting led to cuffing of alleged operator behind Ghost – an app for drug trafficking, money laundering, and violence-as-a-service Australia's Federal Police (AFP) yesterday arrested and charged a...

Australia's IT spending is set to surge 8.7% in 2025, driven by cyber security needs, AI investments, and hardware upgrades as Windows 10 ends.

Many Australian companies are investing in new technology, but others are having a hard time justifying such investments given the current economic climate.

Australia is building a digital ID and information verification system called Trust Exchange, or TEx, that will see the Government verifying customer details for businesses via a smartphone app.

Cybersecurity professionals are experiencing high levels of stress, which can have both business and personal implications. Here’s how they can improve their mental health.

Australian gold mining firm Evolution Mining has announced on Monday that it became aware on 8 August 2024 of a ransomware attack impacting its IT systems, and has been working with its external cyber forensic experts to investigate the incident. "Based on work to date, the Company believes the incident is now contained," Evolution Mining said.

Evolution Mining has informed that it has been targeted by a ransomware attack on August 8, 2024, which impacted its IT systems. [...]

Secureworks CEO Wendy Thomas, who visited Australia in July 2024, told TechRepublic that the XDR offering was appealing to mid-market customers in Australia who may not have the budget or capabilities to build their own security operations centre but are concerned about the possibility of cyber attacks - especially after a number of large local breaches in the region. Thomas added that the future of cyber security in Australia and APAC could include more offensive operations from governments in cooperation with private-sector security providers to disrupt or take down threat actors.

Australian organisations have ranked fourth in an assessment of how widely enterprises in 16 countries are using and implementing generative AI. The survey, conducted by data analytics firm SAS, found that 63% of Australian businesses are now using generative AI. The findings, based on responses from 1,600 global AI and data analytics decision makers, found that Australian generative AI usage is ahead of the global average and that Australia is leading the pack when it comes to the deployment of generative AI-related policies. Which countries are fully implementing generative AI? Sixty-three percent of Australian organisations say they use generative AI. Australian enterprises sit behind China, the U.K. and the U.S., according to SAS, but are ahead of the global average, with 54% of enterprises worldwide using generative AI. Businesses in the APAC region as a whole, led by China, are among the world's most voracious adopters of AI. Although North America is ahead in overall usage of AI, APAC businesses are not far behind, with a total of 63% using it at some level within their organisations.

IBM recently released its annual Cost of a Data Breach report, revealing that the average cost of a data breach in Australia reached a record-high of AUD $4.26 million in 2024. Initial attack vectors: Phishing was the most common initial attack vector, accounting for 22% of breaches and costing businesses AUD $4.35 million per breach on average.