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.
Malicious actors have been coming up with new methods to coerce their ransomware victims to cooperate when faced with the harsh “to pay or not to pay” dilemma.
Ransomware attacks have become larger and more sophisticated—and hackers are increasingly stealing sensitive information and threatening to publish it unless the ransom is paid.
Business email compromise attacks, or BEC’s, have increased by 269% compared with the previous quarter, and many companies are still relying on inadequate defences.
In October, the cyber vulnerabilities of Victoria’s healthcare sector were exposed as several regional hospitals and facilities experienced cyberattacks that impacted their operations.