Cyber Threat stories - Page 83

Data management giant Commvault reports an 11% YoY increase in Q3 total revenues at USD$216.8 million and a 17% rise in annual recurring revenue.

Australasian businesses showcase resilience and innovation amid global challenges, bolstered by Oracle's AI-driven digital solutions and extensive cloud-infrastructure investments.

Sydney's Lacework earns the IRAP certification for its cloud security platform, underscoring its commitment to security in cloud environments.

Google Cloud's 2024 Threat Horizons Report identifies credential misuse, cryptomining, ransomware, and data theft as the key cloud-related threats, citing the need for stringent defensive strategies.

Acronis' H2 2023 Cyberthreats Report reveals a disturbing 222% rise in email attacks with AI-enhanced phishing impacting over 90% of organisations worldwide.

Cohesity and Veritas Data Protection Business are set to merge, ushering in a new leader in AI-powered data security and management, under CEO Sanjay Poonen, with revenues estimated at $1.6 billion.

Quorum Cyber's 2024 report forecasts AI weaponisation and intensified threats from Russia, China, Iran and North Korea as major cybersecurity concerns.

Cybersecurity firm Darktrace reports a major shift in cybercrime, with increasing reliance on 'as-a-service' tools like Malware-as-a-Service and Ransomware-as-a-Service,.

BeyondTrust reports notable growth in 2023, with over 80% recurring revenue and approximately 40% subscription ARR growth, bolstered by industry-leading customer satisfaction and retention rates.

Rapid7, renowned for risk and threat detection, introduces Managed Digital Risk Protection service to proactively neutralise cyber threats.

AI-powered security leader, SentinelOne, acquires cloud-native application protection firm PingSafe, marking a critical shift in cloud security dynamics.

Amid a global 12.6% rise in the cyber-skills gap, advanced security tools like AI automation could alleviate the shortage, particularly for Australian businesses.

Ahead of Safer Internet Day, businesses in Australia are urged to fortify their cyber defences as reports reveal record levels of cyber threats, scams and data breaches in 2022.

In response to the increasing sophistication of cyber threats, the Australian Signals Directorate has revised its Essential Eight Maturity Model (E8MM), incorporating exposure management to proactively identify and prioritise risks, aiding businesses in effectively defending against cyber attacks.

By 2026, due to the increase in AI-driven deepfake attacks, 30% of businesses will question the authenticity of identity verification, says analyst firm, Gartner.

SaaS security firm, AppOmni, addresses growing APAC demand for advanced security measures with a new Sydney data centre, hosted by Google Cloud Platform aiming to meet Australia's data sovereignty regulations.

SentinelOne boosts its AI-enabled WatchTower threat-hunting services with new features, helping businesses combat increasingly complex cyber attacks with machine speed effectiveness.

Okta, a leading identity partner, achieves an IRAP-protected-level assessment, strengthening the Australian Government's trust in modern Identity solutions by reinforcing security against cyber threats.

Research by AI data security firm Cohesity reveals escalating cyberattacks are forcing companies into paying ransoms, contradicting no-payment strategies, with difficulties in data recovery exacerbating the issue.

AI security firm SentinelOne unveils advanced threat hunting capabilities for its WatchTower services, bolstering cybersecurity defences for businesses amid rising cyber threats.