The increase in reported cybercrimes in Australia during the 2021-2022 financial year has only heightened concerns regarding the safety and security of Australian data. With over 76,000 logged incidents and an average cost of $63,000 per cyber-attack across all levels of business, it’s more crucial than ever for all organisations to improve their cyber-security posture.
And while we may rejoice in the introduction of mainstream Artificial Intelligence products such as ChatGPT and Google’s Bard to help us do better, smarter business, those same tools are also a boon to cybercriminals. The sophistication of their attacks is on the rise, so in turn, your response to security must also be more complex and multilayered.