Enterprise Content Management
IBM Security has released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $US4.45 million in 2023 – an all-time high for the report and a 15% increase over the last 3 years. Detection and escalation costs jumped 42% over this same time frame, representing the highest portion of breach costs, and indicating a shift towards more complex breach investigations.
Cloud security specialist Zscaler, Inc. has released a set of advanced security solutions designed for IT and security teams to leverage the full potential of generative AI while preserving the safety of enterprises’ intellectual property and their customers’ data.
dtSearch is releasing version 2203.01 and beta version 2023.02 of its enterprise and developer product line for instantly searching terabytes of online and offline data.
Financial institutions across Australia are finally waking up to the reality that cyber security threats and attacks are constantly evolving, and the bad actors behind them are relentless. Not only this, but they are becoming more and more sophisticated and advanced in terms of what they will use to launch a cyber attack.
It strikes me as paradoxical that businesses feel very secure in using artificial intelligence to let people know, for example, when it is safe to make a lane change at 100 kilometres per hour, yet they are reticent to use the same technology to classify and manage information through its lifecycle. Artificial Intelligence is used almost every minute of every day, in nearly every smart device we own.
Air Marshal Darren Goldie - Australia's new National Cyber Security Coordinator, has confirmed multiple government departments and agencies have been affected by the attack on HWL Ebsworth in May.
A 12 month study of recent ransomware trends by cloud security company Zscaler found the barrier of entry has decreased, while cyberattacks have grown in sophistication, due to the prevalence of RaaS, a model where threat actors sell their services on the dark web for 70-80% of ransomware profits.
There’s been much ado about the pros and cons of artificial intelligence over the last few months since the start of the ChatGPT era. Generative AI has hit the mainstream; new vendor solutions are cropping up daily and professionals from many different industries are giving it a test drive.
The twin factors of poor data controls and the advent of new generative AI tools based on Large Language Models (LLMs) will lead to a spike in insider data breaches over the coming year, warns Imperva
The Australian Prudential and Regulation Authority (APRA) has announced it will impose an increase in Medibank’s capital adequacy requirement of $A250 million, following a review of its major cyber incident in October 2022.
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