Telstra Security Report 2019
Cyber-attacks against Australian businesses are now rising at the same rate as elsewhere in the world according to the latest security report just published by Telstra.
Almost half of Australian businesses (48%) surveyed had experienced cyber-attacks in the last year, a rise of 15% over the previous year.
The report, which consisted of interviews with 320 security professionals in Australia and others globally, found businesses throughout the world experienced an equal distribution of attacks between phishing and ransomware.
However, adverse effects on Australian companies from cyber breaches are on the rise.
The report says many businesses do not have recovery plans.
Surprisingly, the Telstra report found many companies in Australia who’ve fallen victim to ransomware have ignored conventional advice and paid cyber extortionists.
Paying cyber ransoms is discouraged by law enforcement and security professionals to avoid encouraging further attacks. Also, there’s no guarantee that victims will be able to restore access to their files despite paying ransom demands.
The report says 51% of Australian businesses who were attacked by ransomware paid up, and 79% would do it again if they did not have backups available.
However, there’s no need for business to pay ransoms to cyber criminals with Think Technology Australia’s business continuity and backup solution.
Our solution provides the ultimate fail safe in a multi-layered defence approach. Leading-edge technologies ensure that your data remains secure and accessible in the event of a cyber-attack, natural disaster or hardware failure.