Read Time:1 Minute, 36 Second
More than half of organisations in Australia were found to need to invest more in their cyber security capabilities. In a new study, one out of five companies believed cyber security was not a priority.
According to the study by Netskope, a global leader in cyber security, “the underinvestment was starker among small companies, of which 69% had not invested enough in cyber security.”
A recent survey discovered that most Australian small business (SMB) owners associated tech-savviness directly equates to adequate skills in cyber security, leaving them open to potential threats.
Mamoun Alazab, an associate professor at Charles Darwin University, stated, “Cyber attacks are expected to double in Australia within five years, and the country will also experience a shortage of 3000 highly-skilled cyber security workers by 2026, according to a national plan.”
However, with the recent major attacks on Optus and Medibank, many organisations’ leadership have begun bringing discussions regarding cyber security to the boardroom. Netskope’s survey found that 77 per cent of its 300 respondents noted that their organisations’ leadership team had enhanced awareness of cyber threats.
David Fairman, chief information officer and security officer for Asia-Pacific at Netskope, noted, “The data breaches that occurred last year deeply impacted the Australian community, but it seems there are some positives to draw from those events. In the last decade, attitudinal gaps between technology and business leaders regarding cyber security have been a key factor slowing down cyber security improvements. Both teams seem to be on the same page, ready to bolster cyber defences for their organisation and customers.”
The CIO also added that companies should be able to display a united front to deter cyber criminals, even though no organisation is 100 per cent fully protected from cyber threats. “As a country, we need to do what we can to accelerate the production of industry professionals and graduates, using public and private initiatives,” he said.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
