Intelligent CIO APAC Issue 34 | Page 10


Fifty million Australian records lost to cybercriminals

The Australian public sector accounted for nearly 20 % of the country ’ s total data breaches . Flashpoint ’ s intelligence collection showed 2022 as a prolific year of cyberattacks in Australia , with a record number of breaches reported when compared to previous years .
Poor cybersecurity practices exacerbated by the rapid shift to remote and hybrid work are a key factor in the drastic increase in exposed Australian records .
2022 ’ s cyber incidents have spurred the recent announcement of the government ’ s intention to appoint a Coordinator for Cybersecurity and Australia now ranking first among global peers for cyber progress .
These changes are timely as Flashpoint ’ s report indicates attacks are on track to increase further in 2023 .

Flashpoint has released a new report showing Australia ’ s media and telecommunications division was victim to an enormous 72 % of Australia ’ s 50 million stolen credentials – a 99 % increase when compared to 2021 .

Senior Intelligence Analyst and Team Lead APAC / EMEA for Flashpoint , Ben Gestier , said : “ Security and intelligence teams responsible for protecting their assets , data and infrastructure must resist identifying and mitigating cyberthreats in a silo – an all-encompassing view of risk is needed to shore up defenses and mitigate attacks when they occur .”

CIO insights dashboard offers single view of tech issues

Lakeside Software has launched a new feature within its Executive Insights dashboard that calculates the monetary impact of an organization ’ s IT health .

Building on the current dashboard , CIOs now have a single view into how much downtime , latency and technology issues affect the bottom line .
This latest product feature introduces intelligent calculations , sensing employee behaviors and only monitoring active employee time , ensuring that the productivity cost calculations are precise and actionable . Additionally , IT teams can now see cost impacts segmented by various groupings , such as remote workers , departments or device types .
This eliminates the need for CIOs to make business decisions based on assumptions and piecemeal data and enables more strategic planning .
Marc Moesse , SVP of Product , Lakeside Software , said : “ Companies will have insight into the financial impact hardware , software and network challenges have on their specific organization and teams . These intelligent calculations deliver a true ROI calculator that articulates the cost of employee downtime caused by tech and identifies the silent sufferers who are plagued by tech and network issues .”
This new tool is built within Lakeside ’ s digital employee experience ( DEX ) platform , which helps IT teams optimize available resources as they are pressured to control costs and do more with less .
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