Oil and gas is a two billion dollar a year industry in Australia, making it a particularly lucrative target for cyber threat actors. Recent prominent attacks on oil and gas targets around the world have put the spotlight on an industry lagging behind in cybersecurity.
Over the past few years, cyber insurance premiums have been rising rapidly. And with the growing number of cyber threats, cyber insurance has never been more essential. Find out how and why you should factor insurance costs into your cyber budget.
Hackers steal data from videogame giant Electronic Arts, Australia’s largest meat processor shut down by ransomware attack, dozens of NSW councils have cybersecurity gaps, and Australian Federal Police and FBI arrest hundreds of criminals with an encrypted messaging app.
Systemic attacks are on the rise for the Australian private sector and government, making cyber resilience planning more challenging, but there is hope.