Royal ransomware is likely associated with Russian-speaking cybercrime actors Context: Royal is a ransomware variant first observed in September 2022, used by cybercriminals to conduct ransomware attacks against multiple sectors and organisations worldwide, including Australia. Once gaining access to a victim’s environment, cybercriminals use this ransomware for similar purposes to other…
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Optus commissions independent external review
Following the recent cyberattack on Optus and its customers Optus is appointing international professional services firm Deloitte to conduct an independent external review of the recent cyberattack, and its security systems, controls, and processes. The review was recommended by Optus Chief Executive Officer, Kelly Bayer Rosmarin, and was supported unanimously by the…
Read MoreEnterprise woefully underserved in 5g growth
How 5G-Advanced features and tools are ripe for enterprise deployment By 2030, 75 per cent of 5G base stations will be upgraded to 5G-Advanced, accounting for 76 million radios, 23 million macro basebands, and 13 million small cells – all in the consumer market. Adoption in the enterprise will be…
Read MoreGlobal industrial cybersecurity spend to grow
ABI Research’s new whitepaper presents critical and actionable cybersecurity trends and forecasts. Global cybersecurity spending in industrial critical infrastructure sectors (e.g., energy, transport, and water & waste management) is expected to hit $US23 billion by the end of 2022 and grow at a CAGR of 10 per cent to reach $US36.67 billion in 2027. This…
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