Survey reveals cyber dangers
Only 23% of businesses in Australia and New Zealand have complete knowledge of where their data is stored and 64% have suffered some form of breach, according to a report from Thales, a French technology group.
Of the 64% that experienced breaches, about 47% say the incidents happened in the last year.
Slightly more than half of the 152 businesses surveyed for the report say they have seen an increase in the volume, severity, and/or scope of cyber-attacks in the past 12 months.
Most organisations also admit they are concerned about the security risks and threats of employees working remotely.
Thales says the findings show the threat landscape is constantly evolving, with businesses in the region increasingly seeing a rise in attacks.
Malware and ransomware are the most common malicious software used by digital perpetrators to hack into organisations.
Around 51% have failed a compliance audit in the last 12 months.
“The increased reliance on multi-cloud environments and the growing number of cyber threats is making security more challenging,” Brian Grant, Thales Australia and New Zealand Director for Cloud Protection and Licensing Activities, said.
“It is concerning that a large number of organisations still don’t know where all their data is stored or are failing compliance audits, in particular as those are just the first step to achieving effective cyber protection.”
The Australia and New Zealand findings are part of Thales’s 2021 Data Threat Report, which takes a look at the global IT security landscape. A spokesman for Thales says insurers were included as part of the “professional and business services” respondents.
About 2600 executives with responsibility for or influence over IT and data security from 16 economies were surveyed in February for the report.
Thales says the pandemic has cast a long shadow over the security landscape, most visibly in its impact on remote working arrangements and hastening cloud migrations.
Fewer than half of respondents globally say their security infrastructure is not prepared to handle pandemic-induced risks.
“The pandemic created a huge push to implement remote work policies, but that shift to remote work created problems for security teams,” Thales said.
“One of the overarching takeaways that was driven by lessons learned from the pandemic is that security strategists need to increase the agility of their security controls.
“Infrastructure will become more hybrid, and security teams must have the capabilities to address this more complex environment efficiently.”
Click here to access the report.