Centrify, the leader in securing hybrid enterprises through the power of identity services, has released research which reveals that nearly 70 per cent of Australian IT professionals lack confidence in the ability of their organisations to prevent, detect and resolve data breaches.
As concerns grow globally about a cybersecurity skills shortage, Centrify-commissioned Ponemon research from Australia, the US, the UK and Germany, shows that 68 per cent of surveyed Australian IT professionals report they do not believe their companies have a high level of ability to prevent breaches.
The study reveals that 40 per cent of Australian IT practitioners report their organisation had suffered a data breach involving sensitive customer or business information in the past two years. That translates to a serious breach exposing extensive confidential data in two in every five organisations.
A recent report by the Australian Cyber Security Growth Network predicts that Australia will need an extra 11,000 cybersecurity employees to keep pace with increasing threats. While this warning aligns with growing concern about a global shortage of qualified cybersecurity professionals, most of those surveyed in Australia (62 per cent) admit they fear losing their jobs if a data breach does occur.
Centrify Senior Director APAC Sales Niall King, who is responsible for Australia and New Zealand, said every type of organisation needed qualified cybersecurity staff with the skills and experience to mitigate against growing threats. “With a shortage of candidates, cybersecurity technology must take up the slack,” he said.
Australian battery company Redflow Limited (Redflow) today announces leadership changes, including a new Managing Director and CEO and an Independent Non-Executive Chairman, effective immediately, as it prepares to commence manufacturing in Thailand and grow battery sales during the next 12 months.
Appointment of Chief Executive Officer / Managing Director
Redflow’s largest shareholder Simon Hackett - who became acting CEO 12 months ago – has stepped aside from his executive role after completing a year-long mission to refocus, redirect and recapitalise the business. Simon will continue as a non-executive director with special oversight for technology-related matters.
The Redflow Board has promoted Chief Operating Officer, Richard Aird, as CEO to accelerate the company’s new strategic direction announced in May. With more than 20 years’ experience in commercial development and operations, Richard has a thorough understanding of Redflow and its technology from holding various roles with the company since 2009. He has the skills and expertise needed to drive the company as it starts manufacturing batteries in Thailand and implements cost downs in battery production. Discussions regarding terms of engagement to reflect Richard’s new role are well advanced and will be disclosed in accordance with the listing rules when finalised.
South Africa’s largest manufacturer of printed circuits has beaten frequent power outages and cut its energy costs by deploying Australian-designed Redflow zinc-bromine flow batteries.
Unreliable mains power supplies meant Johannesburg-based Bosco Printed Circuits often had its production line stopped in mid-shift by power cuts, which could occur as often as twice a week. These stoppages each cost as much as 10,000 rand (A$1000) in wasted materials as well as disrupting Bosco’s tight delivery schedule to its many customers in the mining, security and industrial electronics sectors.
Bosco solved these power cut problems by installing 14 ZBM2 zinc-bromine flow batteries, from Brisbane-based Redflow Limited, which now keep its production line running through power cuts.
Bosco Printed Circuits Director Mr Philip Verheul said the Redflow batteries had eliminated production losses. “In our process, we have electroplating lines in which we plate copper in holes, so if there’s a power failure during the process. everything in the line is basically scrapped,” he said. “It could cost as much as 10,000 rand per power failure. What was more of an issue was that we lost our delivery time, which created inconvenience and concern for our customers, who depend on us.”