It’s a matter of when - not if. Cyber criminals target what means most to Australian businesses, and they are growing increasingly sophisticated.
EY Cyber Lead Partner Richard Bergman says geopolitics and successful ransomware attacks are fueling the profitable cybercrime industry. He also point to the velocity of the threat landscape, skill shortages and underinvestment in cybersecurity.
DTEX CTO and co-founder Mohan Koo says cybercrime is a problem only collaboration can solve, and goes beyond what the government alone can do.