cybersecurity

There is a global skills shortage in cybersecurity and one of the major factors is the lack of women in the industry, according to Myla Pilao, director technology market research, Trend Micro.  During the Women in Tech panel at Trend Micro’s CloudSec event in Melbourne recently, Pilao said there is

La Trobe University and National Australia Bank have formed a strategic alliance to improve cybersecurity research, skills, and commercialisation. The two parties signed the agreement in the Victorian Parliament yesterday. Sign up for Which-50’s Irregular Insights newsletter Under the agreement, La Trobe and NAB will work together to develop technical

Small to medium enterprises lack awareness around why cybersecurity is essential to their businesses, according to Responsible Cyber CEO Magda Chelly.  Speaking to Which-50 during the Trend Micro CloudSec conference in Melbourne last week Chelly said, “They do not realise that — as per the statistics — most of the

Over the last decade cybersecurity spending by organisations has increased to such an extent that it now represents the largest part of many IT budgets but during that time breaches, and the costs associated with them have increased faster than the increase in spending says VMware CEO Pat Gelsinger. He

The cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11 per cent, according to a new report from Juniper Research. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well

Cybersecurity is fundamentally broken, with bolted-on products all over the place, and a backward-looking philosophy built upon reengineering yesterday’s attack, according to VMware’s Tom Corn, Senior Vice President, and GM, Security Products at VMware. Sign up for Which-50’s Irregular Insights newsletter He was speaking at VMWorld in San Francisco where

The lack of coordination approach to cybersecurity regulation and standards is causing extreme confusion across Australian industries, says Michelle Price, CEO at AustCyber. During a cybersecurity panel in Sydney last week, Price claimed cyber security and cyber resilience is the true horizontal sector of the economy.  “[Cybersecurity] does touch every

NAB Ventures has invested US$10 million in Silicon Valley-based cyber security start-up Digital Shadows. Through this investment, the company has plans for global expansion with Asia Pacific and product development.  Digital Shadows plans to exponentially scale the delivery of its SearchLight service.  The company focuses on digital risk protection for

Accenture has signed a deal to acquire local cybersecurity and technology company BCT Solutions. The company specialises in command and control, cybersecurity, cyber defence services and expertise, supporting the delivery of defence, national security and public safety mission-support capabilities. Terms of the transaction, which is subject to customary closing conditions,

The number of security breaches impacting Australian organisations increased 18 per cent in 2018, according to new research published by Accenture and Ponemon Institute. The study shows Australian companies experienced an average of 65 security breaches in 2018, compared to an average of 53 in 2017. Based on interviews with