Westpac Acquires Cyber Security Firm
by Jim Bulling and Julia Baldi
Westpac has acquired an 11% stake in cyber security firm QuintessenceLabs.
See the Business Insider article here.
Reports and Surveys Update
by Jim Bulling and Julia Baldi
Tred Micro Q1 2015 Report
Trend Micro Q1 2015 Report finds Australia is the target of increasing ransomware attacks, with Australian holding 6% of the world’s ransomware detections. Australia also ranked second in the world for countries with the highest number of Point of Sale RAM Scraper infections (malware which sources card details) with 10% of the world’s infections, after the United States with 23%.
See a summary of the report here, and the full report here.
Blue Coat Systems Inc
Blue Coat Systems, Inc., released result of a global research study of 1,580 respondents across 11 countries. Results from the survey found that universally, workers visit inappropriate websites while at work despite typically being fully aware of the risks to their companies.
See the media release here.
Australia Cyber Attack Statistics
by Jim Bulling and Julia Baldi
New statistics show cyber attacks on Australian businesses increased by 20% in 2014.
See the ABC report here.
European Union Cybersecurity Dashboard Report
by Jim Bulling and Julia Baldi
The Business Software Alliance, European Union cybersecurity dashboard: A path to a Secure European Cyberspace published by the BSA. The report aims to allow government officials in each of the EU Member States with an opportunity to evaluate their country’s policies against these metrics, as well as their European neighbours. The report is an interesting read for Australian companies holding, or considering holding, data in Europe.
See the report here.
Reports and Surveys Updates
by Jim Bulling and Julia Baldi
The Emergence of Cybersecurity Law Report
The Emergence of Cybersecurity Law report released by Hanover Research outlines trends and strategies in respect of in house counsel’s involvement in companies’ cybersecurity efforts.
See the report here.
Eurobarometer report on cybersecurity
European Commissions publishes special Eurobarometer report on cyber ecurity which shows EU citizens have significant concerns about cybercrime threats.
See the report here.