Security News

SOCI Act 2024: Thales Report Reveals Critical Infrastructure Breaches in Australia
2024-08-19 21:20

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.

Data Breaches Are Costing Australian Organisations, IBM Report Reveals
2024-08-06 14:00

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.

Australian Organisations Experiencing Highest Rate of Data Breaches, Reports Rubrik
2024-07-31 17:27

Australian organisations have reported the highest rate of data breaches compared with global markets in 2023, according to a new survey. The State of Data Security: Measuring Your Data's Risk report, based on a survey of 1,600 global IT and security leaders as well as telemetry data from 6,100 Rubrik customers, gauged the frequency of cyber incidents related to business email compromises, data breaches, ransomware attacks, insider incidents and inadvertent data exposure.

Major data breaches that have rocked organizations in 2024
2024-07-16 03:30

This article provides an overview of the major data breaches we covered in 2024 so far, highlighting incidents involving Trello, AnyDesk, France Travail, Nissan, MITRE, Dropbox, BBC Pension Scheme, TeamViewer, Advance Auto Parts, and AT&T. Find out what led to the breaches and how they affected the breached organizations. French national unemployment agency France Travail and Cap emploi, a government employment service for people with disabilities, have suffered a data breach that might have exposed personal data of 43 million people.

Levi's and more affected in pants-dropping week of data breaches
2024-06-24 10:34

Your profile can be used to present content that appears more relevant based on your possible interests, such as by adapting the order in which content is shown to you, so that it is even easier for you to find content that matches your interests. Content presented to you on this service can be based on your content personalisation profiles, which can reflect your activity on this or other services, possible interests and personal aspects.

Levi's and more affected in pants-dropping week of data breaches
2024-06-24 10:34

Your profile can be used to present content that appears more relevant based on your possible interests, such as by adapting the order in which content is shown to you, so that it is even easier for you to find content that matches your interests. Content presented to you on this service can be based on your content personalisation profiles, which can reflect your activity on this or other services, possible interests and personal aspects.

Why are threat actors faking data breaches?
2024-06-24 04:05

The European car rental company immediately launched an investigation, only to discover that the data being sold was completely doctored, possibly using generative AI. Why fake a data breach? Threat actors can announce a fake data breach, which can spark fears, panic and loss of public confidence, causing the stock prices to drop; in this way, cybercriminals can manipulate the market for financial gain.

1 out of 3 breaches go undetected
2024-06-24 03:30

Organizations continue to struggle in detecting breaches as they become more targeted and sophisticated, with more than 1 out of 3 organizations citing their existing security tools were unable to detect breaches when they occur, according to Gigamon. As hybrid cloud environments grow in complexity and bad actors launch a barrage of unseen attacks, 65% of respondents believe that their existing solutions cannot effectively detect breaches.

White House report dishes deets on all 11 major government breaches from 2023
2024-06-12 16:15

The number of cybersecurity incidents reported by US federal agencies rose 9.9 percent year-on-year in 2023 to a total of 32,211, per a new White House report, which also spilled the details on the most serious incidents suffered across the government. Brute force attacks on networks and services were the only other vector to register more than 1,000 cases - but took the price for the biggest YoY percentage increase in incidents, up from just 197 the year before.

Lessons from the Snowflake Breaches
2024-06-12 11:25

Last week, the notorious hacker gang, ShinyHunters, sent shockwaves across the globe by allegedly plundering 1.3 terabytes of data from 560 million users. This colossal breach, with a price tag of...