The Police Force recorded more than 12,900 technology crimes in 2020. In 2020, the Hong Kong Computer Emergency Response Team Coordination Center (Incident Coordination Center) handled more than 8,300 security incidents, a 12 per cent drop from the previous year, and the number of botnet incidents also decreased by 16…
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Major trends are changing the role of the CISO. In a rapidly changing business environment, the role of the CISO has hugely expanded in its scope and responsibilities. With the research also identifying security as the top priority for businesses after coronavirus, CISOs have never been more integral to business…
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Financial industry has become a key target. COVID-19 has become a panacea for cybercriminals, with 53 per cent of Incident Response (IR) professionals reporting an increase in cyberattacks exploiting COVID-19, according to VMware Carbon Black’s latest Global Incident Response Threat Report. China are behind most attacks, and the financial industry…
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The Australian Government has released its Panel’s 2020 Cyber Security Strategy The Australian Federal Government’s Industry Advisory Panel (IAP) has delivered 60 recommendations to bolster Australia’s critical cyber defences. This was an important time for Australia to strengthen its cyber defences, said Andrew Penn chair at IAP. “The Panel’s recommendations…
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Cyber criminals ramp up their activities during COVID-19. Recent global incidents around the world has shown COVID-19 hasn’t stopped cybercriminals. The pandemic has made them bolder and they’ve stepped up their activities – be it attacks on corporations, governments, SMEs and home offices. The cyber threat landscape is one that…
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COVID-19 amplifies ongoing and new security concerns in the region. Existing trends in cybercrime and the need for businesses to adopt emerging technologies to drive transformation have been fast-tracked by the COVID-19 pandemic, making it vital to fill skills shortages with industry-partnered digital education delivery. Two of the largest emerging…
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No sector was more regularly targeted than the financial sector The financial sector has seen a “staggering 238 per cent increase” in cyber attacks and ransomware attacks have increased nine-fold since the beginning of February to the end of April 2020. This is according to VMware Carbon Black’s third annual…
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Paying ransomware doubles the cost of dealing with a ransomware attack, without paying It costs global organisations US$1.4 million, when they pay ransom to cyber criminals, nearly twice as much addressing the impact of a ransomware attack that isn’t paid, according to Sophos’ recently released The State of Ransomware 2020…
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