Security

Fivecast, an open-source data analytics company, has secured a $4 million investment round from Main Sequence Ventures’ CSIRO Innovation Fund and the South Australian Venture Capital Fund (SAVCF). This round will drive international expansion and product growth for the company’s key product line, Fivecast Insight.  Fivecast Insight uses machine learning

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

salesforce

Salesforce was forced to shut off access to parts of its services over the weekend after an update gave all users permission to access and modify data in their company’s systems from which they should have been restricted. The error was caused by database script deployment which “inadvertently gave users

Amazon Web Services (AWS) has been awarded Protected certification by the Australian Cyber Security Centre (ACSC), enabling Australian public and private sector organisations to store and process highly sensitive data at the Protected security classification level in the AWS Asia Pacific (Sydney) Region. Since 2012, Australian government organisations, regulated entities,

hacker cyber security cybercrime crime

In Germany this week, the legal limbo that defines cyberspace around the world was on full display. The country’s Federal Office for IT Safety (BSI for its German initials) had been tracking a cyber attack targeting some of the country’s parliamentarians since early December. It ultimately led to the public

digital city business transformation

Despite the imperative of digital transformation, organisations are reluctant to take the necessary digital steps, according to research from Forrester. The research firm surveyed business leaders on their digital change finding many fundamentally misunderstood the strategy and most were dangerously complacent around its biggest risk. In August, fellow analysts from

Tightening regulations around privacy and data breach disclosure appear to be working. Global analysis of publicly disclosed data breaches shows that in the first half of 2018 the amount of breaches disclosed grew 133 per cent on the same time last year. Sign up for Which-50’s Irregular Insights newsletter In

Deleting Facebook, smartphone

The Office of the Australian Information Commissioner (OAIC) is looking into Facebook’s most recent security breach to determine how many Australians were affected by the hack. Over the weekend Facebook disclosed hackers had exploited a vulnerability that allowed them to access 50 million Facebook accounts. In a statement published on

Spending on IoT (Internet of Things) cybersecurity solutions is set to reach over $6 billion globally by 2023, according to a new study from Juniper Research. It highlighted rapid growth, with spending by product and service providers (in consumer markets) and end-customers (in industrial and public services markets) to rise

Ad safety company Pixalate has uncovered what it says is a ‘sophisticated’ mobile app fraud potentially costing advertisers up to $75 million a year if allowed to run unchecked. The company says it discovered that Android app MegaCast — which allows users to broadcast content to Google’s Chromecast — was