Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

If you're an Australian business reading this, there's a 30% chance you will suffer a data breach. Such cutthroat statistics, as uncomfortable as they are to read, are important to be aware of if you want to avoid becoming one. To help you achieve a data-driven approach to cybersecurity, we've aggregated some of the most critical data breach stats for Australian businesses. This list also includes global data breach statistics that could be a window into Australia's future modified threat landscape.

In my previous post, I discussed cloud-computing security challenges identified in our new report, Beyond Cloud Adoption: How to Embrace the Cloud for Security and Business Benefits. Based on a survey conducted by Enterprise Strategy Group (ESG), the report found that while cloud computing does initially introduce security challenges and increased complexity, it’s worth it in the end. That said, CISOs need to strategically invest time and resources to achieve better security outcomes.

Since last week, I’ve been speaking with Splunk customers and our own team about the cyberattacks impacting the Kaseya software platform. While Splunk was not impacted by the ransomware attack, as a security leader we want to help the industry by providing tools, guidance and support. It’s critical that we work together as a community to counter cybersecurity threats and share information about events like these.

Trusting the effectiveness of your IT security controls is crucial to mitigate risks and malicious access to your systems and the information they store. Penetration testing with a CREST-Approved provider is one of the most effective methods to gain assurance of your IT security. Initiating a penetration test will give you the ability to develop (or enhance an existing) security strategy and remediate your vulnerabilities.

For many businesses today, security automation is something of a paradox. It’s no secret that automation is important, and a large number of businesses have invested in security automation solutions. Yet the never-ending stream of headlines about major cybersecurity attacks suggests that, for most of these companies, security automation doesn’t end up delivering the intended results.

Five worthy reads is a regular column on five noteworthy items we’ve discovered while researching trending and timeless topics. This week let’s go back to security basics with password hygiene—the simplest, and yet often overlooked step in account security. Passwords have been the bane of many internet users since the inception of the world wide web.

A selection of this week’s more interesting vulnerability disclosures and cyber security news. For a daily selection see our twitter feed at #ionCube24. Not a great week for a couple of large vendors. One, Kaseya is scrabbling for recovery with their customer base no doubt weighing up the legal cost of the attack. This article from the start just shows how little time it takes for an attack to be leveraged.

Cybercrime has been on the rise for years now, and it is not showing any signs of slowing down. Indeed, the arrival of the COVID-19 pandemic in 2020 just fueled the situation, and the number of attacks is escalating. Here are important data breach statistics that can help you better understand the risk landscape for 2021.