Centrify, the leader in securing hybrid enterprises through the power of identity services, has highlighted the fact that four out of five data breaches last year involved compromised credentials.
Citing the 2017 Verizon Data Breach Investigations Report (DBIR), Centrify Senior Director APAC Sales Niall King said these latest statistics were a case of deja vu. “For years, we’ve seen compromised credentials as a primary cause of data breaches,” he said.
“Verizon’s report states that the number of data breaches involving stolen or weak passwords has gone from 50 per cent to 66 per cent to 81 per cent during the past three years. This alarming trend clearly illustrates that today’s security isn’t working.
Adelaide airconditioning software company DelftRed Simulation Technology has seen international demand heat up during the past year, now comprising nearly 10 per cent of its total sales.
Since then, Plandroid sales have grown each year due to demand from domestic ducted air conditioning installation companies that want a quick and accurate way to design and quote systems.
DelftRed founder Mike Garrett said 2016 was the first year the company had received significant orders from overseas. “International demand for Plandroid has just taken off,” he said.
Australia has dodged a bullet from the weekend worldwide onslaught of the WannaCry / WannaCrypt ransomware attack – for the moment, reports Geek Pty Ltd, an Australian firm that specialises in recovering criminally encrypted data.
During the past three days, the WannaCry ransomware epidemic has hit more than 200,000 victims in 150 countries, using vulnerabilities in older versions of Microsoft Windows to lock users' files and demand ransom to release them.
Geek founder and chairman Jon Paior, whose company has helped many Australian businesses escape from cryptolocking ransom demands, said the WannaCry onslaught had abated because a programmer had identified a ‘kill switch’ within the virus. “While that has stopped this iteration of WannaCry from accelerating its attack, it will be back,” he said.
“It’s very likely that someone will reverse engineer this ransomware worm to generate an updated version which you can guarantee will not contain a ‘kill switch’.”