Data breaches are now a significant threat to Australian businesses, posing the risk of “irreversible brand damage.” A cybersecurity expert from Fortinet, a global leader in the field, has raised alarms about cybercriminals increasingly targeting the nation’s critical infrastructure.
Cybercriminals are continually finding new ways to infiltrate Australia’s infrastructure, making businesses highly vulnerable to attacks.
Michael Murphy, Fortinet’s Head of Operational Technology and Critical Infrastructure, recently discussed the severity of cyber threats on Sky News Business Weekend. During the 2022-2023 financial year, 188 cybersecurity incidents were reported across critical sectors, highlighting ongoing risks to national networks like water and energy supplies.
Murphy pointed out that among entities with mandatory reporting, 188 incidents we
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