As the region's largest and most digitally mature market, Australia seeing common threats in greater numbers is by no means surprising.

The Government has boosted its funding to combat online scams and fraud, as Australians have now lost almost AUD $200 million to scammers this year alone.

"Amidst the rising difficulties of protecting their people and defending data, CISOs are being tested at a personal level with higher expectations."

With this investment, Proofpoint customers in Australia are better equipped to comply with local data sovereignty regulations.

Alarmingly, only 62% of Singaporean board members believe that their organisation is prepared for a cyber attack.

Identity Threat Detection and Response technology extends Proofpoint's people-centric security vision to thwart identity-based breaches, including ransomware.

This has been another extremely busy year for CISOs, with cyber attacks pummelling organisations across the globe.

Organisations often combat threats by placing too much emphasis on technology alone and too little emphasis on people and their behaviour.

According to a Ponemon Institute study conducted, insider threats have increased in both frequency and cost over the past two years.

Australian board members significantly lag behind global counterparts in cybersecurity maturity, according to a new report from Proofpoint.

According to the Australian Cyber Security Centre’s Annual Cyber Threat Report 2020-21, BEC cost Australian organisations AUD$81 million during a twelve month period.

Organisations need to be more cognisant of such malicious attacks, and build better cybersecurity posture from a people-centric standpoint.

Proofpoint has announced the launch of its Intelligent Compliance Platform, offering enterprises modern regulatory compliance safeguards.

“In the wake of COVID-19, organisations substantially accelerated their digital transformation initiatives to accommodate a remote workforce."

Universities in Australia, the US and the UK are lagging on basic cybersecurity measures, creating higher risks of email-based impersonation attacks.

The total losses from January to June 2022 have more than doubled compared to the first half of 2021, where Australians lost a combined $139 million.

As people get better at identifying potential threats in their inbox, threat actors must evolve their methods. Their new M.O? Social engineering.

One constant that remains as organisations approach a sense of normalcy after a disruptive year is that cyber criminals continue to target and exploit people.

More than three quarters of ASX 200 companies are subjecting customers, partners and employees to higher risks of email fraud.

Splunk has named Gary Steele as the company’s new chief executive officer, and as a member of the company’s board of directors, effective April.

Negligent insiders are the root cause of 56% of incidents while credential thefts have almost doubled and are the costliest to remediate.

Investment scams increased a mild 8% on the previous month but the amount of money lost almost doubled.

Two-thirds of Australian CISOs see cloud account compromise as the most significant risk to their organisation in the next year.

Proofpoint has observed high volumes of COVID-19 themed threats distributing malware and credential theft campaigns.