Australian manufacturing sector hit hardest by cyberattacks followed by financial services
SYDNEY, Australia – 8 June 2021 –VMware, Inc. (NYSE: VMW) today released the findings from the fourth installment of the Australian Security Insights Report, based on an online survey of 251 CIOs, CTOs and CISOs in December 2020 in Australia.
The report explores the impact of cyberattacks and breaches on Australian organisations and details how security teams are adapting to these challenges.
Accelerated digital transformation has caused security teams to face evolving threats as cybercriminals seize the opportunity to execute targeted attacks exploiting fast-tracked innovation and the anywhere workforce. The report found that 89 percent of Australian organisations surveyed experienced cyberattacks due to more employees working from home, highlighting the vulnerabilities in legacy security technology and postures.
“The race to adopt cloud technology since the start of the pandemic has created a once-in-a-generation chance for business leaders to rethink their approach to cybersecurity,” said Rick McElroy, Principal Cybersecurity Strategist, VMware. “Legacy security systems are no longer sufficient. Organisations need protection that extends beyond endpoints to workloads to better secure data and applications. As attacker sophistication and security threats become more prevalent, we must empower defenders to detect and stop attacks, as well as implement security stacks built for a cloud-first world.”
The Australian Security Insights Report provides intelligence on the cybersecurity landscape, attack and defense trends, along with the security priorities for organisations this year to maintain resilience. The key findings include:
The pandemic and shift to anywhere work have undoubtedly changed the threat landscape requiring security teams to transform their cybersecurity strategies and stay one step ahead of attackers. Key focus areas for the coming year must include improving visibility into all endpoints and workloads, responding to the resurgence of ransomware, delivering security as a distributed service, and adopting an intrinsic approach to cloud-first security.
For a clearer picture on the evolving threat landscape as well as actionable guidance and recommendations for this year and beyond, download the full report here.
VMware Global Security Insights Methodology
VMware commissioned a global survey, undertaken by an independent research organisation, Opinion Matters, in December 2020. 3,542 CIOs, CTOs and CISOs were surveyed from companies in a range of industries including: financial, healthcare, government and local authority, retail, manufacturing and engineering, food and beverage, utilities, professional services and media and entertainment. This is the fourth Global Security Insights from VMware, building on the previous surveys, which were undertaken in February 2019, October 2019 and June 2020. This forms part of a global research project across 14 countries and regions, including: Australia (251 respondents), Canada, Saudi Arabia, Middle East, United Kingdom, France, Germany, Spain, Netherlands, Nordics, Italy, Japan, Singapore and the United States.
VMware software powers the world’s complex digital infrastructure. The company’s cloud, networking and security, and digital workspace offerings provide a dynamic and efficient digital foundation to customers globally, aided by an extensive ecosystem of partners. Headquartered in Palo Alto, California, VMware is committed to being a force for good, from its breakthrough innovations to its global impact.
For more information, please visit https://www.vmware.com/company.html.
Senior Manager Communications, VMware ANZ