TechDay New Zealand - Aotearoa's technology news network

Cyber Risk stories

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Financial Services face cyber risk disconnect, says study
Last week
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it training
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digital transformation
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phishing
A recent study reveals a troubling disconnect in Financial Services, with 82% of cyber risk owners believing employees are engaged in security training, yet 69% report low engagement.
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Australia’s Cybersecurity Act races against augmented hacker revolution
This month
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firewalls
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ransomware
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encryption
As cyberattacks rise, Australia's new Cybersecurity Act mandates timely reporting of ransomware payments, urging businesses to bolster their defences.
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Businesses struggle with IT security, Kaspersky reports
This month
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data protection
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advanced persistent threat protection
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breach prevention
A recent Kaspersky report reveals 38% of businesses struggle with IT security, facing downtime and productivity losses amid evolving cyber threats.
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Diligent enhances platform with AI & Google Drive tools
This month
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ai
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google
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diligent
Diligent has unveiled enhancements to its One Platform, introducing AI Smart Prep and Google Drive integration to boost board efficiency and meeting preparation.
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Boxphish acquires Trillion to boost cyber risk solutions
This month
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data analytics
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advanced persistent threat protection
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risk & compliance
Boxphish has acquired Trillion, a dark web threat intelligence service, enhancing its cybersecurity offerings for organisations facing human-related cyber risks.
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Trustwave launches new Microsoft Security Accelerators
This month
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data protection
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advanced persistent threat protection
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iam
Trustwave has unveiled two new Microsoft Security Accelerators designed to enhance security maturity and reveal cost-saving opportunities for businesses.
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Canary Technology acquires Layer 8 Security to expand
Last month
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edutech
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advanced persistent threat protection
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risk & compliance
Canary Technology Solutions has acquired Layer 8 Security, enhancing its cybersecurity offerings and promising a comprehensive approach to digital protection.
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Ransomware payments rise to AUD $1.35m for Australian firms
Last month
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ransomware
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breach prevention
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cybersecurity
New research reveals that Australian firms now face an average ransomware payment of AUD $1.35 million, highlighting an alarming rise in cyber extortion.
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Palo Alto forecasts AI-driven cyber threats in APAC 2025
Last month
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firewalls
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data protection
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cloud security
Palo Alto Networks forecasts a pivotal 2025 for APAC cybersecurity, spotlighting AI integration and rising threats from deepfakes and quantum computing.
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IT-OT convergence: Why security leaders must act now to protect both domains
Last month
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cloud security
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iot
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advanced persistent threat protection
As IT and OT systems merge, cybersecurity leaders face urgent challenges managing risks across both domains to ensure operational safety and data security.
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ASX 200 report reveals cybersecurity risks in retail sector
Last month
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firewalls
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encryption
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network security
A new report reveals alarming cybersecurity vulnerabilities in Australia's ASX 200 Consumer Discretionary sector, exposing major companies to increased breach risks.
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NormCyber wins PICCASO award for privacy & security
Last month
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data protection
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advanced persistent threat protection
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soc
NormCyber has won a PICCASO Awards Europe trophy, recognised for bridging the gap in data privacy and security for businesses of all sizes.
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Cybersecurity failures costing UK firms GBP £10 billion annually
Last month
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breach prevention
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cybersecurity
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security breaches
Research by Panaseer reveals UK firms suffer GBP £10 billion losses annually due to cybersecurity control failures, highlighting urgent challenges for security leaders.
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Zscaler launches Zero Trust Segmentation for Aussie firms
Last month
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firewalls
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network infrastructure
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ransomware
Australian businesses face a rising threat of ransomware attacks, prompting Zscaler to launch its Zero Trust Segmentation solution to enhance digital security.
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Trustwave & Cybereason announce cybersecurity merger
Last month
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advanced persistent threat protection
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cybersecurity
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trustwave
Trustwave and Cybereason announce a merger to enhance cybersecurity solutions, with SoftBank as the majority investor, set to close in early 2025.
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Infinigate reports GBP £1.2 billion revenue, 14% growth
Last month
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saas
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network infrastructure
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cybersecurity
Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.
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UBDS Group acquires 3B Data Security to bolster UK cyber
Last month
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devops
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hyperscale
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soc
UBDS Group has acquired 3B Data Security to bolster its UK cyber security capabilities, integrating 23 employees while preserving the firm's brand identity.
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UK councils lack cyber insurance, Apricorn report finds
Last month
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data protection
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ransomware
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phishing
A study reveals just two out of 41 UK councils have cyber insurance, raising concerns over data security amid rising cyber threats and breaches.
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Foodstuffs South Island wins top customer innovator award
Last month
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edutech
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uc
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digital transformation
Foodstuffs South Island has been honoured with Trend Micro's Customer Innovator Award for its advanced integration of cybersecurity into digital strategies.
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Data breaches cost firms an average of USD $677 million
Last month
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ransomware
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cybersecurity
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extrahop
A new report from ExtraHop reveals data breaches cost firms an average of USD $677 million, highlighting the severe financial impact on stock prices.