Opinion

Australia’s cybersecurity strategy is more about policing and intelligence than preparing business against attacks

- August 12, 2020 3 MIN READ

Australia’s long-awaited cybersecurity strategy, pledges to spend A$1.67 billion over the next ten years to improve online protection for businesses, individuals and the country as a whole. The lion’s share of the cash will go towards policing and intelligence, with smaller amounts set aside for a grab bag of programs from cybersecurity training to digital… Read more »

cybersecurity
Opinion

Australia’s new Cyber Security Strategy is lacking precision when it comes to execution and outcomes

- August 7, 2020 3 MIN READ

The Australian Government released Australia’s Cyber Security Strategy for 2020 this week. It outlines an investment in our nation’s cyber capabilities of $1.67 billion over the next 10 years, advocates for collaboration, and articulates actions required across government, businesses, and the community to make Australia more resilient to cyber incidents. The strategy is a win for… Read more »

cybersecurity
Opinion

A cyberwar could cost Australia’s economy $30 billion, but a loss of public trust could be an even bigger threat

- July 16, 2020 3 MIN READ

The Australian Cyber Security Growth Network (AustCyber) on Monday released a report modelling the potential impact of cyberattacks and sustained digital outages on Australia. The Digital Trust Report’s modelling suggests four weeks of partial “digital disruption” could displace up to 163,000 jobs and damage the economy to the tune of A$30 billion. According to AustCyber’s… Read more »

News & Analysis

Australia’s new cyber defence training centre is up and running

- July 9, 2020 2 MIN READ

The Australian Cyber Collaboration Centre is officially opened in Adelaide to further vital work to protect against attacks. Established as an independent not-for-profit entity through a $10 million investment by the South Australian government, the centre is located in Adelaide’s Lot Fourteen innovation neighbourhood and will concentrate on training cyber experts and developing security products.… Read more »

News & Analysis

CYBER WARS: Australia ramps up cybersecurity defences by $1.35bn

- July 1, 2020 2 MIN READ

The Australian government is ramping up its cybersecurity defences, announcing on Tuesday that it will spend $1.35 billion over 10 years to enhance the national capabilities and assistance via the Australian Signals Directorate and the Australian Cyber Security Centre. Dubbed the Cyber Enhanced Situational Awareness and Response (CESAR) package, the focus will range from cyber… Read more »

News & Analysis

Hackers are targeting Australia: Scott Morrison flags ‘state-based’ attacks – and it all points to China

- June 19, 2020 2 MIN READ

Prime Minister Scott Morrison said Australian organisations are currently being targeted by “a sophisticated state-based cyber actor” in a media conference that appears to escalate the ongoing war of words with China. “This activity is targeting Australian organisations across a range of sectors, including all levels of government, industry, political organisations, education, health, essential service providers… Read more »

cybersecurity
News & Analysis

MYOB says small business needs to step up on cybersecurity as people work from home

- March 31, 2020 3 MIN READ

Another threat SMEs need to deal with while focusing on the impact coronavirus is cybersecurity, especially as people work from home. Tech and accountancy business MYOB says cybersecurity is a key risk smaller businesses often don’t pay attention to. MYOB Head of Product, SME, Dale Dixon says companies and their staff need clear guidelines on… Read more »

News & Analysis

Companies warned to update cybersecurity after Toll ransomware attack

- February 7, 2020 2 MIN READ

  Australian logistics giant Toll Group reverted to manual systems after a ransomware attack on part of its IT network last week, as the company liaises with government cybersecurity experts and works to restore its systems. The government’s Australian Signals Directorate’s Australian Cyber Security Centre (ACSC) issued a warning yesterday for companies to update their… Read more »

News & Analysis

The CIA’s VC fund has backed Australian malicious bot blocker Kasada

- November 27, 2019 < 1 MIN READ

Kasada founder and CEO Sam Crowther. Cybersecurity startup Kasada has closed its $7 million Series A raise with the CIA’s 20-year-old venture capital fund, In-Q-Tel (IQT) joining the round.  The Sydney tech venture previously announced the first $6.5 million in the Series A from the CSIRO’s innovation fund, Main Sequence Ventures, and Westpac’s Reinventure Group,… Read more »

Podcast

PODCAST: This startup, Detexian, deals with the biggest threat modern business faces: data security

- November 8, 2019 2 MIN READ

The world nowadays is all about “hygiene”. There’s sleep hygiene, kitchen hygiene and as Startup Daily learnt from Detexian co-founder Tan Huynh (pictured above) this week, data hygiene. Not being IT-inclined, and the dad who asks his kids to sort out apps on his phone, our conversation on The Problem Solved this week about what… Read more »

News & Analysis

New Zealand cybersecurity startup RedShield raises NZ$14 million

- September 17, 2019 < 1 MIN READ

Wellington-based RedShield, a cybersecurity startup that provides API protection via web application shielding, has raised NZ$14 million (AU$13m). New Zealand private equity firm Pencarrow led the round ahead of existing shareholder Sage Technologies. RedShield’s CEO and co-founder Andy Prow (pictured above) said the support recognised the company’s success in New Zealand , the US, UK… Read more »

Alex Scandurra - Stone & Chalk
News & Analysis

Fintech hub Stone & Chalk is opening in Adelaide

- June 25, 2019 2 MIN READ

Stone & Chalk CEO Alex Scandurra  Fintech innovation hub Stone & Chalk is setting up shop in Adelaide in partnership with the South Australian Government Stone & Chalk will be the anchor tenant and startup hub operator at Lot Fourteen, the massive and ambitious innovation precinct on the seven-hectare former Royal Adelaide Hospital site. With… Read more »

cyber security
News & Analysis

A cybersecurity startup tackling web bots has landed $6.5 million from the CSIRO’s and Westpac’s VC funds

- May 7, 2019 3 MIN READ

  Cybersecurity startup Kasada has raised $6.5 million from the CSIRO’s innovation fund, Main Sequence Ventures, and Westpac’s Reinventure Group to ramp up its technology to tackle automated bots attacking websites. The raise comes 12 months after Kasada’s wunderkind founder and CEO, Sam Crowther, first raised $2.5 million for his venture. Kasada’s cloud-based tech product,… Read more »