Data breach report shows Australian businesses ‘not learning from abroad’

The latest data breach report from the Office of the Australian Information Commissioner shows that Australian businesses have learnt nothing from the devastating impacts of breaches in other countries, a cyber security professional says.

Jim Cook, ANZ regional director at Attivo Networks, said credential theft had been identified as having major appeal to hackers and suggested that against this backdrop, organisations could not afford to be complacent about their security posture or assume traditional cyber-security measures would continue to answer.

“The threat posed by cyber-crime is rising and, as organisations continue to digitise, traditional perimeter-based cyber-security strategies will no longer be completely reliable or adequate,” he said. “Businesses need to have real-time monitoring and clear visibility into their operations so they can rapidly detect and neutralise security threats.

“As a result, they may now need to focus on how they manage their security challenges head-on by making every network element part of a deception fabric to disrupt an attacker’s ability to break out and further infiltrate the network. Indeed, luring adversaries into the open with deception technology can prevent them from gaining access to critical IT data and assets and ultimately reduces the occurrence of disruptive and costly incidents which businesses of all sizes can ill afford to weather.”

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