Flashpoint, a globally trusted leader in risk intelligence, has released a new report on the State of Australia\u2019s Cyberthreat Intelligence \u2013 a first-of-its-kind data-driven analysis of emerging security and intelligence trends impacting organizations across the public and private sectors.<\/p>\n\n\n\n
Following international trends outlined in Flashpoint\u2019s global State of Cyberthreat Intelligence Report, the Australian report showed Australia\u2019s media and telecommunications division was victim to an enormous 72% of Australia\u2019s 50 million stolen credentials \u2013 a 99% increase when compared to 2021, while the Australian public sector accounted for nearly 20% of the country\u2019s total data breaches.<\/p>\n\n\n\n
The global report has highlighted the resiliency of threat actors and illicit communities and markets, which continue to re-emerge despite takedowns. Flashpoint\u2019s intelligence collection observed 190 new significant illicit marketplaces emerge in 2022 alone, with indications the trajectory will continue. <\/p>\n\n\n\n
2022 was a prolific year of cyberattacks in Australia, with a record number of breaches reported when compared to previous years. Flashpoint identified a record 56 successful ransomware attacks alone aimed at Australian organizations. <\/p>\n\n\n\n
Fraud and phishing campaigns remain one of the more commonly used methods employed by threat-actors, however, ransomware attacks are increasingly used by advanced persistent threat (APT) groups, such as those highlighted by the turning point attacks on Optus and Medibank.<\/p>\n\n\n\n
Flashpoint tracked specific illicit market discussions that involved the trade, purchase, sale, or general procurement of exploit code, ranging in price from AUD$3,000 to more than AUD$15,000. Flashpoint\u2019s data also indicated threat actor focus is on obtaining email addresses and account credentials, however, all personally identifiable information (PII) is at risk of being exfiltrated for financial gain. <\/p>\n\n\n\n
Poor cybersecurity practices exacerbated by the rapid shift to remote and hybrid work, in addition to the targeting of APT groups from China and Russia, is a key factor in the drastic increase in exposed Australian records. <\/p>\n\n\n\n
2022\u2019s cyber incidents have spurred the recent announcement of the government\u2019s intention to appoint a Coordinator for Cybersecurity and Australia now ranking first among global peers for cyber progress. These changes are timely as Flashpoint\u2019s report indicates attacks are on track to increase further in 2023.<\/p>\n\n\n\n
Senior Intelligence Analyst and Team Lead APAC\/EMEA for Flashpoint, Ben Gestier, said there has never been a more pressing need for an all-hands on deck approach to cybercrime. A sentiment in line with Prime Minister, Anthony Albanese, announcing that \u2018strengthening Australia\u2019s cybersecurity is a fundamental priority\u2019.<\/p>\n\n\n\n
\u201cSecurity and intelligence teams responsible for protecting their assets, data and infrastructure must resist identifying and mitigating cyberthreats in a silo,\u201d said Gestier. \u201cA nation\u2019s risk landscape is too volatile and complex for a single business or government to decipher in full. An all-encompassing view of risk is needed to shore up defenses and mitigate attacks when they occur.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Flashpoint, a globally trusted leader in risk intelligence, has released a new report on the State of Australia\u2019s Cyberthreat Intelligence \u2013 a first-of-its-kind data-driven analysis of emerging security and intelligence trends impacting organizations across the public and private sectors. Following international trends outlined in Flashpoint\u2019s global State of Cyberthreat Intelligence Report, the Australian report showed Australia\u2019s media and telecommunications division […]<\/p>\n","protected":false},"author":50,"featured_media":25351,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3559,1576,52,55,44,54],"tags":[76,4310,174,4308,3975,1841,1625,4309],"class_list":["post-25350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","category-analysis-insights","category-main-story-newsletter","category-oceania","category-top-stories","category-used","tag-australia","tag-ben-gestier","tag-cybersecurity","tag-flashpoint","tag-insight","tag-report","tag-research","tag-risk-intelligence"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/25350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/comments?post=25350"}],"version-history":[{"count":9,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/25350\/revisions"}],"predecessor-version":[{"id":25621,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/25350\/revisions\/25621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media\/25351"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media?parent=25350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/categories?post=25350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/tags?post=25350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}