Margaux Robin

Government explores #AI #regulation legislation, plans for ‘mandatory’ guardrails The Australian government has announced plans to introduce artificial intelligence (AI) safety legislation to manage the development and use of AI. While AI can be an incredibly powerful tool, its tendency to hallucinate alongside its potential for creating misinformation means its misuse, intentional or not, can have devastating effects. High-risk AI systems could also create #security #risks, expose personal #data, exacerbate bias and discrimination, and, in a worst-case scenario, mislead leaders of government or major companies. #IT #ITrisk #artificialintelligence #infosec Talenza The Transformation Group Cyber Daily

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🚨 Telstra Data Incident Update 🚨 Telstra has confirmed a breach of its internal systems, resulting in the theft of employee and partner data, but assures no customer data was affected. A threat actor, “UnicornLover67,” listed the data for sale online, which includes names, email addresses, and some contact information. Telstra clarified that the data came from a pre-production test environment and does not include sensitive customer details like passwords or financial information. The company has restricted access and notified affected individuals. Authorities are investigating, and Telstra is urging vigilance against phishing attempts. #DataSecurity #CyberSecurity #Telstra #Breach

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Small Business Cyber Security Guide - @Australian Cyber Security Centre Cyber Threats: Key Areas • Malicious Software (#Malware) • Scam Emails (#Phishing) • #Ransomware Software Considerations: Key Areas • #Automatic Updates • Automatic #Backups • Multi-Factor #Authentication People and Procedures: Key Areas • #Access #Control • #Passphrases • Employee #Training Centro de Investigación de Ciberseguridad IoT - IIoT

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Medibank’s cyber costs to reach $126m by next year as cyber uplift reaches completion Medibank has revealed that the cost of cleaning up and reinforcing itself after its 2022 #cyberattack is set to reach over $126 million. Following the #incident in October 2022, which saw 9.7 million current and former customers across Medibank, ahm, and international student customers have their #data compromised, Medibank has focused heavily on improving its #security and response to #cyberthreats. #infosec #itsecurity #cybersecurity Talenza The Transformation Group Cyber Daily

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The Australian cyber security market is experiencing rapid growth. According to recent reports, the market was valued at over AUD 4 billion in 2023 and is projected to grow at a CAGR of 9.1% over the next five years. State-wise cyber security overview: 1) ACT (Canberra): As the political and administrative center, the ACT market plays a critical role in securing national defense, intelligence, and public sector data. Australian Signals Directorate, Canberra Cyber Hub are driving initiatives to foster talent and innovation in cyber security. SMEs like QuintessenceLabs Ionize Securus Consulting Group Penten Viden need more local support. New South Wales (NSW): A strong focus on fintech, health tech, and critical infrastructure protection, with firms like Tesserent | Cyber Solutions by Thales and Macquarie Group leading the way. Victoria (VIC): The Victorian Government is investing heavily in cyber security through initiatives such as CYBER VICTORIA and partnerships with academia and industry. Queensland (QLD): Brisbane is developing as a cyber security center, with a growing number of startups like Red Piranha. The state is also emphasising critical infrastructure protection due to its mining and resources sectors. South Australia (SA): With major defense projects like the NSAM | Naval Shipbuilding and Advanced Manufacturing Program, South Australia has a growing demand for cyber security to protect sensitive defense technologies. Myriota Western Australia (WA): Cyber security is critical for protecting Western Australia’s mining, oil, and gas industries. Companies like Fortinet, CyberCX are actively involved in securing industrial control systems. Tasmania and Northern Territory (TAS and NT): While smaller in scale, these regions focus on securing state-level government infrastructure, agriculture, and energy sectors. Each state has unique challenges and opportunities, and the market will be interesting to watch as it evolves, particularly after the upcoming elections. Giphy source: Internet #ict #cyber #jobs #Australia #recruitment

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New Era in Data Security! 🛡️☁️ Today marks a pivotal moment for government data management in Australia. The nation's espionage agency has officially transitioned its operations to cloud-based storage solutions. This strategic move is aimed at bolstering data security while promoting agile information sharing amongst security agencies. A Fresh Approach to Confidentiality and Collaboration 🤝 In the age of digital warfare, staying ahead means embracing change. The shift to the cloud enables our operatives to access critical intel swiftly and securely, no matter where their mission takes them. It's a game-changer for national security, where fast, reliable access to data can mean the difference between safety and exposure. How do you think cloud adoption will shape the future of government operations? Share your thoughts below or get in touch at executivesurf.com to discuss how we can lead your organization into the forefront of innovation and security. #CloudSecurity #DataManagement #Innovation

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We’re hearing a lot about critical infrastructure, cyber security, cloud, digital transformation, and AI shaping the tech industry's future. In response, the ACCC is focusing on improving its Essential Eight maturity as part of its broader role in regulating cyber security, including the national anti-scam centre and digital ID. By FY25, the ACCC plans to reach maturity level two of the Essential Eight, using tools like Microsoft Active Directory, Defender, and Sentinel to ensure security. These proactive steps are essential with new regulations coming in December. Learn more about the Essential Eight here: https://lnkd.in/g4tj83pF #cybersecurity #EssentialEight #ict

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Canberra's tech industry is facing significant hurdles as federal contracts increasingly go to overseas companies. Only 8% of the federal government’s ICT spend goes to Australian firms. This has led to a billion-dollar outlay for a US-based supercomputer and a high-security data center contract with Amazon Web Services. Canberra-based companies are struggling to gain traction within the government, despite having strong solutions that are gaining interest from the private sector. These challenges are further compounded by a decline in job ads and recruitment activity, with a 4.2% drop in online job ads from May to June and an overall decline in hiring activity by 10 percentage points this year. However, the labor market shows resilience, with an increase in employment and hours worked, even as the unemployment rate ticks up slightly to 4.1%. Key takeaways: - Canberra tech firms face 'near impossible' competition for government contracts. - Federal ICT spending on local companies remains minimal. - Decline in job ads and recruitment activity, yet the labor market shows resilience. Embracing innovation, supporting local tech firms, and nurturing the ambitions of younger workers can help tackle these challenging times. Happy to hear your thoughts out there. #recruitment #ict #tech #government #contracting

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Interesting to see the Australian Signals Directorate (ASD) enter the commercial sector offering top-secret cloud services designed to safeguard the nation's most sensitive information. Aligning with Five Eyes partners for enhanced national security, this $2 billion project will safeguard Australia's digital landscape and actively monitor cyber threats targeting critical infrastructure and prominent sectors. Good initiative to enhance data security for government agencies and extend advanced cyber security capabilities to Australian businesses. Article link on comment. #Cybersecurity #DigitalTransformation #Australia #ICT #NationalSecurity

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October is Cyber Security Awareness Month! Cybercrime costs Australia’s economy around $30 billion a year 😱 Businesses beware 🚨 https://lnkd.in/gN53pQNM Don’t wait for a cyber-attack 🙅🏻‍♂️ Assume you’ll be targeted and plan accordingly:👇🏻 👨🏻‍💻 Define cyber-security roles 💼 Build a talent pipeline 🔬 Assess current #cybersecurity skills 🤝 Foster a cyber-security culture 💻 Retain cyber-security talent 🗣 “Cyber-security risks for business are constantly evolving. So, companies in Australia also need to evolve and embrace new strategies to improve their cyber-defences.” #Technology #ManagementTips #CyberSecurityAwarenessMonth

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How can organisations strengthen identity access management in a cloud-first world? Effective identity access management is crucial for securing cloud environments and preventing breaches. 🔔Please Subscribe, Like & Share - We appreciate your support! SECURE | CYBER CONNECT Community & Podcast, Jim Routh, Justin (Jay) Adamson, Anna Khan, Sophie Edwards, Savvy Security, Saviynt, SECURE | CYBER CONNECT #CyberConnect #VP #IdentityAccessManagement #CloudSecurity #Cybersecurity #DataProtection

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Is Your Organisation Aligned With The Latest Cyber Security Governance Principles? With the release of the updated Cyber Security Governance Principles by the Australian Institute of Company Directors (AICD) and the Cyber Security Cooperative Research Centre (CSCRC), directors are called to take an active role in safeguarding their organisations against the ever-evolving cyber threat landscape. These principles support actionable insights into: 🔹 Defining clear roles and responsibilities. 🔹 Developing and evolving comprehensive cyber strategies. 🔹 Embedding cyber security into risk management practices. 🔹 Fostering a culture of cyber resilience. 🔹 Planning for significant cyber incidents. https://lnkd.in/g8SQeDpG   At CyberOps, we are proud to offer tailored solutions to empower boards and organisations to excel in these areas. Our services, such as Chief Information Security Officer as a Service (CISOaaS), IT Maturity & System Resilience Assessments, Ongoing Vulnerability Management Services and Customised Board Training Workshops, align closely with these principles. Whether it's conducting vulnerability assessments, designing security roadmaps, or facilitating incident simulation exercises, CyberOps is committed to helping Australian directors not just meet but exceed their cyber security governance obligations. The threat landscape is dynamic, but your response doesn't have to be reactive. Proactive alignment with governance principles can enhance resilience and trust while securing your organisation's future. Learn more about how we can support your journey toward cyber security excellence: https://cyberops.com.au [email protected] Derek Grocke. #CyberSecurity #Governance #Directors #RiskManagement #AICD #CyberOps

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Here are this quarter's companies we want to put a spotlight on..... Sonar Abnormal Security Huntress ReversingLabs Lumu Technologies Claroty Stellar Cyber Nozomi Networks Congratulations! Whether it's a new product release, recognition of exceptional service, acquisitions and company growth, or any other form of noteworthy activity, we feel it's important to give these exciting cyber security players the attention they deserve! Read the report below to find out why... neuco Harry Baldwin Connie Everett Daisy Steel #neuco #cybersecurity

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Cyber attack on Ausgrid could lead to costs of $2.9bn per day Australia’s largest east coast electricity provider has revealed the staggering potential cost of a #cyberattack in a submission to the Cyber Security Expert Advisory Board. Cyberdaily: The Cybersecurity Daily News David Hollingworth #cyber #itsecurity #infosec #criticalinfrastructures #infosec

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𝗖𝘆𝗯𝗲𝗿 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗙𝗼𝗿 𝗡𝗲𝘅𝘁 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 🔴🔴 We've recently wrapped up a few searches for project/program managers within the cyber space and have a bench of solid candidates looking for both FTE and contract work 🔴🔴 Some profile highlights: ⚫️ Delivered strategic planning support for largescale, cross-functional security initiatives; ensured security teams aligned with CISO goals and produced increments of value; facilitated communication, identified dependencies, risks, and blockers. ⚫️ Asset lifecycle program within the IT/OT environment including inventory, assessment, data analysis, reporting, and findings remediation. ⚫️ Collaborated with Lines of Business, increasing transparency on vulnerability data and reporting; prioritized data-driven decisions; identified requirements for executive-level Security Health Dashboard and implemented automated reporting. ⚫️ Elevated awareness/criticality of vulnerability remediation; reduced business risk with targeted learning sessions; reviewed data and required actions; established monthly Security Review If you are looking to hire some talent into this space reach out [email protected] #cybersecurity #hiring #opentowork #projectmanagement

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🖥️Recent Cyber Security News🖥️ The Cyber Security Act 2024 has officially cleared parliament, introducing a key requirement for Australian organisations: mandatory reporting of ransomware payments. This transformative move aims for greater transparency to strengthen Australian's resilience against Cyber threats. https://lnkd.in/g8A7N7JE #AustralianCyberSecurity #TechnologyResilience #DataProtection

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Qld invests $15m to launch free new #cyber solution for small businesses The Miles Labor government has invested $15 million to grant small and medium-sized businesses (SMEs) within Queensland free access to new preventative measures. Cyber attacks and other threats are costing small businesses in Queensland $46,000 on average, while medium businesses face costs of $97,200 on average. The new initiative, which will be run by Queensland-based cyber security firm Cryptoloc Data Security, will provide SMEs with measures like multi-factor authentication, #dataencryption, operational controls and #networksecurity to prevent them suffering at the hands of malicious cyber actors. #mfa #cybersecurity #infosec #itsecurity #smesmb Cyber Daily Talenza The Transformation Group

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Great article! Provides valuable insight into the challenges of data management and offers practical solutions. A must-read for any organisation looking to take control of their data.

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Institutionalising Awareness to Stop Cyberattacks In the ongoing battle against cyber threats, Aimei Wei, Founder and CTO of Stellar Cyber, underscores the critical need for proactive employee education to prevent cyberattacks. Despite the allure of a 'silver bullet' solution, the reality is starkly different. 60-80% of hacks are initiated through user error. The most effective method hackers use is phishing, where they mask their attacks with seemingly legitimate requests, tricking users into compromising their own systems. Phishing has become more sophisticated and prevalent, significantly increasing the risks to corporate networks. In 2021, a notable cybersecurity firm recorded a 61% increase in phishing incidents. These attacks do more than disrupt operations; they can severely impact a company's financial health and reputation. A recent SEC ruling mandates public disclosure of significant breaches within four days, emphasizing the reputational risks involved. Wei argues that the real defence lies in continuous, thorough training for employees, helping them recognize phishing schemes and enforce strong password practices. Despite the investment in cutting-edge cybersecurity technologies, educating employees remains the most effective strategy to halve the risk of breaches. This approach not only secures the network but also safeguards the company’s financial and reputational standing. By Aimei Wei, originally published in Cyber Defense Magazine #Cybersecurity #EmployeeTraining #Phishing #NetworkSecurity #CorporateResponsibility

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