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The average cost of a cyber incident in Australia has risen to A$4.26 million, a 27% increase since 2020. Furthermore, Australia remains the most affected country in Oceania, with 192.5 million breached accounts and 554.5 million exposed personal records since 2004.
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The default setting in Google Calendar automatically adds Gmail events, allowing cybercriminals to flood users with spam or phishing invitations, leading to malware spread or data theft.
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One of the most alarming findings is that 33% of respondents reported using the same login credentials for both personal and workplace accounts.
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With over 1.1 million near-tech workers in Australia, the report suggests that reskilling initiatives could be key to addressing the talent shortfall.
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IT outages can arise from a myriad of factors, reflecting the complex and interconnected nature of modern digital infrastructure. Simple mistakes like typos in code, malfunctioning hardware, and power failures are common culprits that can disrupt services.
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The average cost of human error in cybersecurity is $133 per record. And it takes organizations about 242 days to identify and resolve an issue related to such inadvertent actions.
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Employees are often the first line of defence. With cyber attacks such as phishing, ransomware and data breaches on the rise, having a resilient workforce helps protect sensitive data and systems
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