Industry Trends

In a world of hyperconnectivity, the importance of safeguarding trust cannot be underestimated. An indication of its importance is that cyber now sits above geopolitics and economic challenges as a leading risk area for many key players, including merchants, fintechs, and financial institutions (FIs). As criminals continue to exploit new technologies, pressure is building on

Cybersecurity has a fear problem, and we need to talk about it as a community. To quote the sci-fi epic Dune, fear is the mind-killer. In business, fear is also the growth and innovation killer –yet all too often, cyber security has associated itself with fear, and as a result, instead of enabling, it has

Progress towards achieving equal representation in tech is headed in the right direction. The representation of women in the Australian tech industry increased slightly, rising from 29% in 2021 to 31% in 2022. Additionally, the gender pay gap in the sector is half that of other highly paid sectors, such as finance or professional services.

As cybersecurity concerns resurge, new research by Genetec, a provider of technology for unified security, highlights that an increasing number of organisations are ramping up their defences. Genetec’s research collected insights from over 5,500 global physical security leaders and discovered that cybersecurity remains a vital concern despite the implementation of new safeguarding processes. The Genetec

“It’s simply not good enough.” That’s how South Australian treasurer Stephen Mullighan reacted in parliament on Wednesday when he was asked about a cyber security breach involving government superannuation provider Super SA. Information linked to more than 14,000 members was accessed by hackers about two months ago. But Mr Mullighan said he only found out about the incident less

Elastic has announced its second Elastic Global Threat Report, issued by Elastic Security Labs. Based on observations from more than 1 billion data points over the last 12 months, the report reveals ransomware is expanding and diversifying; more than half of all observed malware infections were on Linux systems; and credential access techniques have become

One in five CIOs believe cybersecurity ops are not an immediate priority, according to new research. In April 2023, Acora conducted a survey that revealed insights into the changing responsibilities of Chief Information Officers (CIOs), focusing on mid-market companies. The research included 126 decision-makers from financial services companies and aimed to identify the difficulties and

Three Chinese nationals living in Australia who used stolen personal information to make fraudulent transactions will be released from prison in a month, while a third will walk free immediately. Key points: Renzhong Chen, 31, Sheng Li, 25, and Xiaoxin Zheng, 20, were arrested in November after using details from a phishing scam, which is believed