Executive Brief - August 2015

Today's growing Cyber Security Trend

A new world of hacking motives is starting to emerge — along with convenient, easy to use tools for computer novices to do many dangerous things online.

http://on.tcrn.ch/l/O867  

Insurance Council Australia

In the wake of reports today that incidence of cybercrime attacks in Australia have increased 20 per cent to 1131 last year, the Insurance Council of Australia (ICA) said business could no longer ignore the threat, estimated to cost the nation $1 billion a year.

http://bit.ly/1H0BYqq  

Volume of Cyber Security Threats

On average it takes about 205 days between a company being hacked and it detecting the compromise, a recent Mandiant report found.

The volume of security threats are enormous and protecting an organisation from them has transitioned from an issue which was dealt with in the IT department to one which is regularly handled in the board room.

http://www.businessinsider.com.au/the-volume-of-cyber-security-threats-business-has-to-deal-with-are-enormous-2015-8

Everyday cybercrime - and what you can do about it

How do you pick up a malicious online virus, the kind of malware that snoops on your data and taps your bank account? Often, it's through simple things you do each day without thinking twice.

James Lyne reminds us that it's not only the NSA that's watching us, but ever-more-sophisticated cybercriminals, who exploit both weak code and trusting human nature.

http://t.ted.com/mMr12rm